Bayer intends to significantly expand its capacities for the production of high-grade materials in China by 2016. Investments of around 1 billion euro are planned at the Shanghai site. Capacities for the polyurethane raw material MDI are to be more than doubled to 1 million tons a year and for high-performance polycarbonate to 500,000 tons. The company also intends to strengthen its R&D development activities there. Moreover, the headquarters of the Polycarbonate Business Unit will be relocated from the main Leverkusen site to Shanghai. The intention is to ensure even greater proximity to the booming polycarbonate market in Asia.