Bayer begins biopesticide facility expansion
Bayer CropScience is to "substantially expand" its site in Wismar in the German state of Mecklenburg-Vorpommern to enable it to meet the growing global demand for biological crop protection. The planned investment includes the construction of a new manufacturing facility for biopesticides and the requisite infrastructure. The extension to the production capacities will be carried out in stages and is scheduled for completion by 2016 at the latest. Furthermore, Bayer plans to consolidate its local research and development activities in Mecklenburg-Vorpommern in a new building complex at the Wismar site. Including a warehouse, the site will comprise an area of 4,000 m². The total investment would amount to around €18 million ($24.8 million).