"Germany is becoming less attractive as a production site for the chemical industry, which is a heavy consumer of energy. Energy prices will continue to rise (due to the German decision to abandon nuclear power) and they are already the highest in the EU. It is important that we remain competitive in comparison with other countries. If not, a company of global stature like Bayer can think about moving its production to countries where energy costs are lower," Marijn Dekkers, Head of German chemicals and drugs giant Bayer on 6 August (source: France24)