Royal DSM and CVC Capital Partners (CVC) announced that the partnership for DSM's activities in Polymer Intermediates (Caprolactam and Acrylonitrile) and Composite Resins through the formation of a new company, ChemicaInvest B.V., has been finalized. With all regulatory approvals now received, DSM and CVC have completed the transaction effective as per 31 July 2015.
All approximately 1,900 employees have transferred to ChemicaInvest, which is 65% owned by CVC and 35% by DSM. DSM contributed its global caprolactam business (Europe, North America, its 60% stake in DNCC (China) and the caprolactam licensing business), acrylonitrile business and composite resins business including its 75% stake in JDR (China). DSM's 65% stake in the service organization Sitech Services held via its caprolactam and acrylonitrile businesses was also transferred.
Covestro to acquire sustainable coating resins business from DSM
Covestro has signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. By expanding its portfolio in the attractive growth market for sustainable coating resins, Covestro is taking a significant step in its long-term corporate strategy to strengthen its ... more
DSM and NHU inaugurate joint venture to produce high performance PPS compounds
Royal DSM and specialty chemicals producer Zhejiang NHU Special Materials Co., Ltd. (NHU), have officially inaugurated their joint venture company for polyphenylene sulfide (PPS) compounds, DSM NHU Engineering Plastics (Zhejiang) Co Ltd., on August 22nd. The JV, which was announced May 2015 ... more
DSM and Ascend form global strategic alliance for supply of polyamide 66 compounds
Royal DSM and Ascend Performance Materials Inc. announced that they have formed a global strategic alliance for the supply of compounds based on polyamide 66 (PA66). Under the agreement, Ascend becomes the strategic supplier to DSM for PA66 base-polymer used as raw material for Akulon® PA66 ... more
DSM creates innovative products and services in Life Sciences and Materials Sciences, contributing to the quality of life. DSM’s products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End mar ... more
DSM creates innovative products and services in Life Sciences and Materials Sciences, contributing to the quality of life. DSM’s products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End mar ... more
DSM creates innovative products and services in Life Sciences and Materials Sciences, contributing to the quality of life. DSM’s products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End mar ... more
