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August 10, 2005
By: KERRY PIANOFORTE
Bayer AG, Leverkusen, has sold its noncore subsidiary Walothen Gmbh to the Wihuri group of Finland. The divestment is part of the continued streamlining of Bayer’s portfolio, according to the company. Bayer’s activities in the Walsrode Industrial Park will now focus on its subsidiary Wolff Cellulosics, which manufactures cellulose derivatives for use in coatings, printing inks and building materials.
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