HEERLEN, NETHERLANDS -- 08/20/08 --
DSM Engineering Plastics announces that it has reached an agreement
on the acquisition of the polymerization assets of Diolen Industrial
Fibers BV. These include the facilities for polyester polymer
production in Emmen (Netherlands), which will now be integrated with
DSM's polyester compounding facility in Emmen. As part of the
acquisition, DSM will offer employment to 45 Diolen employees.
Fredric Petit, Business Manager Arnitel® & Arnite® of DSM Engineering
Plastics, says this acquisition gives DSM backward integration into
polyester polymer production for its engineering plastic product
lines Arnitel® TPC, Arnite® PBT and Arnite® PET. Mr. Petit continues:
"This acquisition allows us to maintain our supply of high quality
products and services and retain our position as a sustainable
partner within the performance materials industry. Both consistency
and security of supply are key considerations for our customers. We
are pleased that this step has given us a stronger position in being
able to meet their requirements. In the meantime, we continue to
invest in innovations, new products and new technology development
for our customers."
DSM Engineering Plastics
DSM Engineering Plastics is a business group forming part of the
Performance Materials cluster of DSM. It generated sales of EUR 839
million in 2007 and has approximately 1,550 employees worldwide. DSM
Engineering Plastics is one of the world's leading suppliers of
engineering thermoplastics offering a broad portfolio of high
performance products including Stanyl® high performance polyamide and
Akulon® 6 and 66 polyamides, Arnitel® TPE-E, Arnite® PBT and PET
polyesters, Xantar® polycarbonate, Yparex® extrudable adhesive
resins. These materials are used in technical components for
electrical appliances, electronic equipment and cars, in barrier
packaging films as well as in many mechanical and extrusion
applications. With Stanyl®, the business group is the global market
leader in high heat polyamides.
DSM - the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates innovative products and services in Life
Sciences and Materials Sciences that contribute 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 more enjoyable way of life. End markets include human and animal
nutrition and health, personal care, pharmaceuticals, automotive,
coatings and paint, electrics and electronics, life protection and
housing. DSM has annual sales of almost EUR 8.8 billion and employs
some 23,000 people worldwide. The company is headquartered in the
Netherlands, with locations on five continents. DSM is listed on
Euronext Amsterdam. More information:www.dsm.com.
Akulon®, Arnite®, Arnitel®, Stanyl®, Xantar® and Yparex® are
registered trademarks of Royal DSM N.V.
For more information:
DSM Nederland Communicatie
Nelleke Barning
tel. +31 (0) 46 4764077
e-mail communicatie.nederland@dsm.com
Press release-pdf: http://hugin.info/130663/R/1244866/268569.pdf
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