Bayer CropScience
Institute Industrial Park
Institute, WV 25112
Tel. 304-767-6000
bayercropscience.us

News Release

Bayer CropScience divests Institute Industrial Park

Institute, W. Va., March 30, 2015 – Bayer CropScience has divested the company’s Institute
Industrial Park in Institute, W. Va., to Union Carbide Corporation, a wholly owned subsidiary of
The Dow Chemical Company.
There will be a phased turnover to Union Carbide of plant activities, including utilities, emergency
response and security, with full operation of the site by the company expected by mid-2016.
The transaction includes transfer of the land as well as the majority of the site assets to Union
Carbide. Financial terms of the transaction were not disclosed.
“Bayer will still have a presence at the Institute Industrial Park but now as a tenant through the ongoing operation of the company’s thiodicarb production unit,” said Jim Covington, the current
Head of the Institute Industrial Park for Bayer.
“We recently have made significant investment in this unit in order to meet on-going demand for
our Larvin® crop protection product,” Covington said. The thiodicarb operation is the single
remaining Bayer production unit at the site today.
Bayer took ownership of the Institute facility as part of its 2002 acquisition of Aventis CropScience.
However, its manufacturing presence at the site has declined over the past several years due to
the company’s 2011 decision to close certain production units dedicated to carbamate
chemistries.
“Without additional production capacity, Bayer CropScience does not have the critical mass
needed to make continued ownership of the site economically viable,” said Covington, who will
continue to lead the Bayer presence on site.

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 Of the approximately 500 people who currently work at the site, about 150 are Bayer CropScience
employees. “We expect some decline in Bayer employment at Institute over time,” Covington said.
“However, retirements and voluntary separations should account for essentially all departures.”
Covington stated that in its new role as a site tenant Bayer CropScience looks forward to
contributing to the Institute site’s sustainable success as a world-class manufacturing facility.

About Bayer CropScience
Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech
materials. Bayer CropScience, the subgroup of Bayer AG responsible for the agricultural business, has
annual sales of EUR 9.494 million (2014) and is one of the world’s leading innovative crop science
companies in the areas of seeds, crop protection and non-agricultural pest control. The company offers an
outstanding range of products including high value seeds, innovative crop protection solutions based on
chemical and biological modes of action as well as an extensive service backup for modern, sustainable
agriculture. In the area of non-agricultural applications, Bayer CropScience has a broad portfolio of products
and services to control pests from home and garden to forestry applications. The company has a global
workforce of 23,100 and is represented in more than 120 countries. This and further news is available at:
www.press.bayercropscience.com.
Contact:
Greg Coffey, Tel. 816-242-2340
E-Mail: greg.coffey@bayer.com
Find more information at www.bayercropscience.com.
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer
Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to
material differences between the actual future results, financial situation, development or performance of the company
and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on
the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking
statements or to conform them to future events or developments.

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