(IN BRIEF) Bayer is making a significant investment of EUR 220 million in research and development (R&D) at its Monheim site in Germany, focusing on its Crop Protection business. This represents the company’s largest single investment in Crop Protection in Germany in 40 years. The investment aims to strengthen Bayer’s commitment to innovation in regenerative agriculture, enhance the environmental and human safety of Crop Protection, and develop the next generation of chemicals for a sustainable future. The new Product Safety complex will have labs, offices, and a greenhouse area, accommodating around 200 employees. The facility will support the development of Crop Protection solutions with improved environmental profiles and reduced impact on the environment.
(PRESS RELEASE) MONHEIM, 31-Aug-2023 — /EuropaWire/ — Bayer significantly strengthens its commitment to innovation in regenerative agriculture with a EUR 220 million investment in research and development (R&D) at its Monheim site. This is the company’s largest single investment in its Crop Protection business in Germany since the founding of the Monheim campus in 1979. The new Product Safety complex with labs, offices, and a greenhouse area offers space for approximately 200 employees. Its principal focus will be on developing the next generation of chemicals for a sustainable future and enhancing the environmental and human safety of Crop Protection. The new facility will boost Bayer’s efforts to become a major contributor to regenerative agriculture by developing and bringing to market new Crop Protection solutions which have even better environmental profiles than those currently available and will play a key role in significantly reducing agriculture’s impact on the environment.
“Looking into the future, we must radically transform today’s farming systems and switch to regenerative agriculture practices that produce more with less, while restoring more. There is a high demand for pushing beyond established standards in safety to unlock breakthrough innovation and Crop Protection solutions with better environmental profiles,” said Dr. Robert Reiter, Head of R&D at Bayer’s Crop Science Division. “The livelihoods of farmers and the communities they serve around the world are in no small measure dependent on the acceptance of our products by consumers, lawmakers, and regulators around the world. We are convinced that with this significant investment we are not only helping to accelerate the development of the next generation of Crop Protection but also underscoring our deep commitment to transparency and dialog.”
The investment is also a clear commitment to Europe as a base of operations as well as one important cornerstone of Bayer’s Future Concept for Germany. “Even in times of economic uncertainty, we are laser-focused on innovation and future technologies,” Dirk Backhaus, Head of Product Supply at Crop Science, pointed out. “We have a long track record of investing into research, development, and production of safe chemical products for agriculture, and we’re eager to leverage our world class expertise in Germany to shape the future of regenerative agriculture here and around the world. The new facility at our Monheim site is a shining example of precisely that: Investments in future technologies, modern facilities, and, most importantly, our people.” Over the past three years, Bayer has invested EUR 180 million at its Dormagen site, with a focus on expanding production capacities for modern Crop Protection.
Science-based innovation is key to a sustainable and highly productive agriculture system that is able to feed an ever-increasing world population. Crop Protection safeguards around 30 percent of yields worldwide. That’s the equivalent of food for more than 2 billion people and limits further land use change from natural habitats. The opportunity to invent better, climate neutral and environmentally benign Crop Protection products is huge and aims to strengthen Bayer’s global competitiveness. As such, this investment also reflects Bayer’s commitment to the innovative capacity of Germany and Europe. The anticipated construction period of the new Monheim facility will be around 3 years. Full commissioning is planned for 2026.
Environmental protection transforms established safety assessments
In Europe as well as in other regions, strict policy and regulatory frameworks ensure that plant protection products are safe, when used in accordance with the label instructions, and that they have no unacceptable effects on the environment. “To support the safety of our products, we address all concerns of regulators using high-quality metabolism, human and environmental data packages for thorough risk assessments,” Dr. Axel Trautwein, Head of Regulatory Science at Crop Science, pointed out. “The new building will allow tests and studies to be conducted according to regulatory standards and under more realistic conditions similar to those in nature.”
In addition to residue analytics and metabolism studies in target crops, rotational crops and livestock for human safety, the key focus area will be on environmental safety. This includes exposure studies in different environmental compartments as well as safety studies on non-target organisms such as aquatic and soil organisms, wild birds and mammals, and pollinators like honey bees and bumble bees to generate a holistic understanding of environmental exposure and effects of Crop Protection products. In addition, the flexible lab design enables future adjustments to the dynamic global regulatory landscape.
Artificial Intelligence helps Bayer design the next generation of Crop Protection
The new R&D facilities will be an important cornerstone of Bayer’s new innovation approach for Crop Protection. Already today, Bayer’s product portfolio ranks very well in terms of environmental impact. But the company is strongly committed to reducing it even further and pushing beyond established standards.
“With our new disruptive innovation approach – what we call CropKey – we are now designing molecules instead of selecting them,” said Rachel Rama, Head of Small Molecules at Crop Science. “This is based on a discovery concept which allows us to create solutions based on the predefined safety and sustainability profiles that go above and beyond current standards.” Data science, early safety screenings, modeling and artificial intelligence are crucial elements that enable our top scientists to create the next generation of Crop Protection, taking advantage of massive amounts of data and machine learning and setting a new benchmark. “With our investment in Monheim, we are now building a new data powerhouse in a high-tech work environment that will be highly attractive for our researchers and future top talents.”
The new innovation approach to Crop Protection is also clearly aligned with Bayer’s sustainability commitment to reduce the environmental impact of Crop Protection products by 30% by 2030.
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2022, the Group employed around 101,000 people and had sales of 50.7 billion euros. R&D expenses before special items amounted to 6.2 billion euros. For more information, go to www.bayer.com.
Find more information at www.bayer.com.
Follow us on twitter.com/bayer
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer 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.
Media Contact:
Utz Klages
Media Relations
utz.klages@bayer.com
+49 175 3013125
SOURCE: Bayer AG
MORE ON BAYER, ETC.:
- Reuters webinar: Effective Sustainability Data Governance
- Las acusaciones de fraude contra Ricardo Salinas no son nuevas: una perspectiva histórica sobre los problemas legales del multimillonario
- Digi Communications N.V. Announces the release of the Financial Calendar for 2025
- USA Court Lambasts Ricardo Salinas Pliego For Contempt Of Court Order
- 3D Electronics: A New Frontier of Product Differentiation, Thinks IDTechEx
- Ringier Axel Springer Polska Faces Lawsuit for Over PLN 54 million
- Digi Communications N.V. announces the availability of the report on corporate income tax information for the financial year ending December 31, 2023
- Unlocking the Multi-Million-Dollar Opportunities in Quantum Computing
- Digi Communications N.V. Announces the Conclusion of Facilities Agreements by Companies within Digi Group
- The Hidden Gem of Deep Plane Facelifts
- KAZANU: Redefining Naturist Hospitality in Saint Martin ↗️
- New IDTechEx Report Predicts Regulatory Shifts Will Transform the Electric Light Commercial Vehicle Market
- Almost 1 in 4 Planes Sold in 2045 to be Battery Electric, Finds IDTechEx Sustainable Aviation Market Report
- Digi Communications N.V. announces the release of Q3 2024 financial results
- Digi Communications NV announces Investors Call for the presentation of the Q3 2024 Financial Results
- Pilot and Electriq Global announce collaboration to explore deployment of proprietary hydrogen transport, storage and power generation technology
- Digi Communications N.V. announces the conclusion of a Memorandum of Understanding by its subsidiary in Romania
- Digi Communications N.V. announces that the Company’s Portuguese subsidiary finalised the transaction with LORCA JVCO Limited
- Digi Communications N.V. announces that the Portuguese Competition Authority has granted clearance for the share purchase agreement concluded by the Company’s subsidiary in Portugal
- OMRON Healthcare introduceert nieuwe bloeddrukmeters met AI-aangedreven AFib-detectietechnologie; lancering in Europa september 2024
- OMRON Healthcare dévoile de nouveaux tensiomètres dotés d’une technologie de détection de la fibrillation auriculaire alimentée par l’IA, lancés en Europe en septembre 2024
- OMRON Healthcare presenta i nuovi misuratori della pressione sanguigna con tecnologia di rilevamento della fibrillazione atriale (AFib) basata sull’IA, in arrivo in Europa a settembre 2024
- OMRON Healthcare presenta los nuevos tensiómetros con tecnología de detección de fibrilación auricular (FA) e inteligencia artificial (IA), que se lanzarán en Europa en septiembre de 2024
- Alegerile din Moldova din 2024: O Bătălie pentru Democrație Împotriva Dezinformării
- Northcrest Developments launches design competition to reimagine 2-km former airport Runway into a vibrant pedestrianized corridor, shaping a new era of placemaking on an international scale
- The Road to Sustainable Electric Motors for EVs: IDTechEx Analyzes Key Factors
- Infrared Technology Breakthroughs Paving the Way for a US$500 Million Market, Says IDTechEx Report
- MegaFair Revolutionizes the iGaming Industry with Skill-Based Games
- European Commission Evaluates Poland’s Media Adherence to the Right to be Forgotten
- Global Race for Autonomous Trucks: Europe a Critical Region Transport Transformation
- Digi Communications N.V. confirms the full redemption of €450,000,000 Senior Secured Notes
- AT&T Obtiene Sentencia Contra Grupo Salinas Telecom, Propiedad de Ricardo Salinas, Sus Abogados se Retiran Mientras Él Mueve Activos Fuera de EE.UU. para Evitar Pagar la Sentencia
- Global Outlook for the Challenging Autonomous Bus and Roboshuttle Markets
- Evolving Brain-Computer Interface Market More Than Just Elon Musk’s Neuralink, Reports IDTechEx
- Latin Trails Wraps Up a Successful 3rd Quarter with Prestigious LATA Sustainability Award and Expands Conservation Initiatives ↗️
- Astor Asset Management 3 Ltd leitet Untersuchung für potenzielle Sammelklage gegen Ricardo Benjamín Salinas Pliego von Grupo ELEKTRA wegen Marktmanipulation und Wertpapierbetrug ein
- Digi Communications N.V. announces that the Company’s Romanian subsidiary exercised its right to redeem the Senior Secured Notes due in 2025 in principal amount of €450,000,000
- Astor Asset Management 3 Ltd Inicia Investigación de Demanda Colectiva Contra Ricardo Benjamín Salinas Pliego de Grupo ELEKTRA por Manipulación de Acciones y Fraude en Valores
- Astor Asset Management 3 Ltd Initiating Class Action Lawsuit Inquiry Against Ricardo Benjamín Salinas Pliego of Grupo ELEKTRA for Stock Manipulation & Securities Fraud
- Digi Communications N.V. announced that its Spanish subsidiary, Digi Spain Telecom S.L.U., has completed the first stage of selling a Fibre-to-the-Home (FTTH) network in 12 Spanish provinces
- Natural Cotton Color lancia la collezione "Calunga" a Milano
- Astor Asset Management 3 Ltd: Salinas Pliego Incumple Préstamo de $110 Millones USD y Viola Regulaciones Mexicanas
- Astor Asset Management 3 Ltd: Salinas Pliego Verstößt gegen Darlehensvertrag über 110 Mio. USD und Mexikanische Wertpapiergesetze
- ChargeEuropa zamyka rundę finansowania, której przewodził fundusz Shift4Good tym samym dokonując historycznej francuskiej inwestycji w polski sektor elektromobilności
- Strengthening EU Protections: Robert Szustkowski calls for safeguarding EU citizens’ rights to dignity
- Digi Communications NV announces the release of H1 2024 Financial Results
- Digi Communications N.V. announces that conditional stock options were granted to a director of the Company’s Romanian Subsidiary
- Digi Communications N.V. announces Investors Call for the presentation of the H1 2024 Financial Results
- Digi Communications N.V. announces the conclusion of a share purchase agreement by its subsidiary in Portugal
- Digi Communications N.V. Announces Rating Assigned by Fitch Ratings to Digi Communications N.V.
- Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain
- SGW Global Appoints Telcomdis as the Official European Distributor for Motorola Nursery and Motorola Sound Products
- Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year
- Digi Communications N.V. announces the exercise of conditional share options by the executive directors of the Company, for the year 2023, as approved by the Company’s Ordinary General Shareholders’ Meetings from 18th May 2021 and 28th December 2022
- Digi Communications N.V. announces the granting of conditional stock options to Executive Directors of the Company based on the general shareholders’ meeting approval from 25 June 2024
- Digi Communications N.V. announces the OGMS resolutions and the availability of the approved 2023 Annual Report
- Czech Composer Tatiana Mikova Presents Her String Quartet ‘In Modo Lidico’ at Carnegie Hall
- SWIFTT: A Copernicus-based forest management tool to map, mitigate, and prevent the main threats to EU forests
- WickedBet Unveils Exciting Euro 2024 Promotion with Boosted Odds
- Museum of Unrest: a new space for activism, art and design
- Digi Communications N.V. announces the conclusion of a Senior Facility Agreement by companies within Digi Group
- Digi Communications N.V. announces the agreements concluded by Digi Romania (formerly named RCS & RDS S.A.), the Romanian subsidiary of the Company
- Green Light for Henri Hotel, Restaurants and Shops in the “Alter Fischereihafen” (Old Fishing Port) in Cuxhaven, opening Summer 2026
- Digi Communications N.V. reports consolidated revenues and other income of EUR 447 million, adjusted EBITDA (excluding IFRS 16) of EUR 140 million for Q1 2024
- Digi Communications announces the conclusion of Facilities Agreements by companies from Digi Group
- Digi Communications N.V. Announces the convocation of the Company’s general shareholders meeting for 25 June 2024 for the approval of, among others, the 2023 Annual Report
- Digi Communications NV announces Investors Call for the presentation of the Q1 2024 Financial Results
- Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024
- Digi Communications N.V. announces the availability of the Romanian version of the 2023 Annual Report
- Digi Communications N.V. announces the availability of the 2023 Annual Report
- International Airlines Group adopts Airline Economics by Skailark ↗️
- BevZero Spain Enhances Sustainability Efforts with Installation of Solar Panels at Production Facility
- Digi Communications N.V. announces share transaction made by an Executive Director of the Company with class B shares
- BevZero South Africa Achieves FSSC 22000 Food Safety Certification
- Digi Communications N.V.: Digi Spain Enters Agreement to Sell FTTH Network to International Investors for Up to EUR 750 Million
- Patients as Partners® Europe Announces the Launch of 8th Annual Meeting with 2024 Keynotes and Topics
- driveMybox continues its international expansion: Hungary as a new strategic location
- Monesave introduces Socialised budgeting: Meet the app quietly revolutionising how users budget
- Digi Communications NV announces the release of the 2023 Preliminary Financial Results
- Digi Communications NV announces Investors Call for the presentation of the 2023 Preliminary Financial Results
- Lensa, един от най-ценените търговци на оптика в Румъния, пристига в България. Първият шоурум е открит в София
- Criando o futuro: desenvolvimento da AENO no mercado de consumo em Portugal
- Digi Communications N.V. Announces the release of the Financial Calendar for 2024
- Customer Data Platform Industry Attracts New Participants: CDP Institute Report
- eCarsTrade annonce Dirk Van Roost au poste de Directeur Administratif et Financier: une décision stratégique pour la croissance à venir
- BevZero Announces Strategic Partnership with TOMSA Desil to Distribute equipment for sustainability in the wine industry, as well as the development of Next-Gen Dealcoholization technology
- Editor's pick archive....