PITTSBURGH, Sept. 15 /PRNewswire/ -- Bayer Corporation and Bomanite
Corporation, Madera, Calif., today announced a joint venture providing a full
line of products for the architectural concrete market made with quality
Bayferrox(R) iron oxide pigments. Bayer and Bomanite are partners in the
50/50 joint venture company, QC Construction Products LLC. The joint venture
is a result of a strategic alliance the two companies began last year.
Under the terms of the agreement, Bomanite will provide marketing and
management services and some manufacturing for QC Construction Products LLC,
and Bayer will supply all manufacturing of integral color products. Bayferrox
iron oxide pigments are manufactured at the Bayer New Martinsville, West
Virginia production site -- the largest and most advanced iron oxide
production facility in North America. The plant has earned ISO 9002
certification, ensuring quality and consistency of the Bayferrox product.
"We've combined the long-standing market leadership positions, resources,
experience and knowledge of both Bomanite and Bayer with sound, comprehensive
strategic business plans aimed at providing superior quality, value and
service to the architectural colored ready-mix concrete marketplace," said
Matthew S. Stegemiller, Chairman, Bomanite Corporation. "QC Construction
Products is dedicated to playing a leadership role in accelerating the growth
of this market."
Pure synthetically produced iron oxide Bayferrox pigments are insoluble,
light fast, alkali and lime resistant, and stable under exposure to sunlight
and UV radiation. Bayferrox pigments comply with ASTM C979 Pigments for
Integrally Colored Concrete and can be added to ready-mixed concrete for
virtually any area -- including residential, commercial and municipal
applications such as retail centers, theme parks, restaurants, office
buildings, golf courses, plazas, malls, hotels, resorts, and sound walls
poured on-site. "With 25 standard colors and limitless custom colors, there's
virtually no architectural concrete color challenge that QC Construction
Products can't solve," commented John L. Williams, President, Coatings and
Colorants Division, Bayer Corporation. "This joint venture will provide the
ready mix/integrally-colored concrete industry with the design and color
options, resources and expertise needed to meet the growing demands of their
residential and commercial customers." QC Construction Products offers a full
line of products for the architectural concrete marketplace: integral color,
color hardener, release powder, and stains, as well as sealers, strippers, and
cures.
For more information on QC Construction Products, please contact Kellie
Romero at P.O. Box 599, Madera, CA 93639; 800-453-8213; or access the
QC website at http://www.qcconprod.com.
Bomanite Corporation, the leader in the architectural concrete paving
industry for over 40 years, pioneered the concrete imprinting process in 1955
and offers a variety of architectural concrete paving and flooring products.
Bomanite Corporation, headquartered in Madera, California, has more than
100 franchise operations in the United States and Canada and over 250 licensed
contractors in more than 70 countries worldwide. In addition to its network
of contractors, Bomanite Corporation also manufactures many of the components
used in the Bomanite process. The manufacturing facility, located in
California's Central Valley, produces dry shake color hardener, integral
color, release agents, imprinting tools and various other products for the
installation of architectural concrete paving.
For more information on Bomanite Corporation, P.O. Box 599, Madera, CA
93639-0599; call 559-673-2411; or log on at http://www.bomanite.com.
Bayer's Coatings and Colorants Division is a major supplier of inorganic
and organic pigments and coating and adhesive raw materials used in such
industries as construction, architectural, maintenance, automotive, wood,
plastics and general product finishing. Bayer Corporation is a research-based
company with major businesses in health care and life sciences and chemicals.
The company had 1998 sales of $8.1 billion and employs more than 23,000
people. Bayer Corporation is investing $15 billion in capital expenditures
and research and development from 1995 through the year 2004. 1999 capital
investment and R&D expenditures are projected to total $1.6 billion. Bayer
Corporation, with headquarters in Pittsburgh, is a member of the worldwide
Bayer Group, a $31 billion international life sciences, polymers and specialty
chemicals group based in Leverkusen, Germany.
For more information on Bayer Corporation, contact the Polymers and
Chemicals Communications Group, 100 Bayer Road, Pittsburgh, PA 15205-9741;
412-777-2815; or access the Coatings and Colorants website at
http://www.BayerUS.com/CoatingsandColorants.
SOURCE Bayer Corporation
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CONTACT:
Mary Brahney of Bayer Polymers and Chemicals,
412-777-2500, or fax, 412-778-6583, or mary.brahney.b@bayer.com
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