DSM completes sale of participation in DEXPlastomers JV to Borealis

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Algemeen advies 04/03/2013 08:20
Royal DSM, the global Life Sciences and Materials Sciences company, announced today that it has completed the sale of its participation in DEXPlastomers V.o.F, a 50/50 Joint Venture of DSM with an affiliate of ExxonMobil Chemical, to Borealis. DSM also sold its LldPE Compact Solution Technology to Borealis. The transaction was announced in November 2012.

Established in 1996, DEXPlastomers is a 50/50 joint venture between DSM and Exxon Chemical Holland Ventures B.V., producing C8 plastomers and linear low density polyethylene. In the scope of the transaction are approximately 100 employees who have transferred to the new owner upon closing. DSM's LldPE Compact Solution Technology was first developed in the 1960's to produce polyethylenes in a certain density range and is instrumental to the operations of DEXPlastomers.

For DSM, a sale of DEXPlastomers is in line with its long-term focus of being a Life Sciences and Materials Sciences company, active in health, nutrition and materials. DSM's 50% participation in DEXPlastomers was reported under Corporate Activities in DSM's accounts.

DSM - Bright Science. Brighter Living.(TM)
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 23,500 employees deliver annual net sales of around €9 billion. The company is listed on NYSE Euronext. More information can be found at www.dsm.com



Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord


Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.


Copyrights © DEBELEGGERSADVISEUR.NL