DSM NeoResins+ completes new factory for waterborne alkyd resins in
Hoek van Holland, the Netherlands
DSM NeoResins+ has successfully completed the new water-based alkyd
manufacturing unit at its existing site located in Hoek van Holland
(the Netherlands). The new line will manufacture specialty
water-based alkyd resins which will find their way to the markets for
high-end decorative professional and DIY trim paints, stains and
metal coatings. Being an important part of the broad water-based
technology portfolio of DSM NeoResins+, the water-based alkyd resin
family will grow substantially in the coming years as these resins
(alone or in combination with acrylate emulsions and/or water based
polyurethanes) are an excellent waterborne alternative to
solvent-based coating systems.
"The new unit is one of the key building blocks in our turnaround
towards a leading specialty resin manufacturer. Combined with the on
schedule closure of our Landskrona site in Sweden, where mainly
long-oil alkyds were manufactured, we are on track with our
transformation to a more eco-friendly product portfolio," says
Dimitri de Vreeze, Business Unit Director of DSM NeoResins+.
Ben van Kooten, Business Group Director of DSM Resins, comments: "The
investment in this new technology will further reinforce DSM's
leadership position in specialty coating resins and it represents a
further step towards the realization of DSM's ambition of generating
EUR 1 billion in innovation-based sales by 2010 within the framework
of its strategy Vision 2010. With this new manufacturing unit we are
ready for the challenge to match the application performance of
traditional solvent-based systems with water-based technology. For
that we are offering an excellent alternative product range to
achieve the VOC reduction targets that have been set for 2010 in
connection with forthcoming European legislation."
About DSM NeoResins+
DSM NeoResins+ is a leading, global supplier of innovative specialty
resins that is focused on fulfilling the needs of the coatings and
graphic arts industries. DSM NeoResins+ has 1,200 employees and
operates seven manufacturing sites: in Frankfort and Wilmington (US),
Shunde (China), Hoek van Holland and Waalwijk (Netherlands), Meppen
(Germany) and Parets (Spain). Being focused on customer needs, it has
five Application and Research & Technology Centers: in Wilmington
(US), Shanghai and Shunde (China), Parets (Spain), Waalwijk and
Zwolle (Netherlands), all supported by three Customer Service
Centers: in Wilmington (US), Shunde (China) and Waalwijk
(Netherlands). DSM NeoResins+ is headquartered in Waalwijk
(Netherlands).
About DSM
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 markets include human and animal
nutrition and health, personal care, pharmaceuticals, automotive,
coatings and paint, electrics & electronics, life protection and
housing. The company strategy, Vision 2010 - Building on Strengths,
focuses on accelerating profitable and innovative growth of the
company's specialties portfolio. The key drivers of this strategy are
market-driven growth and innovation, an increased presence in
emerging economies and operational excellence. DSM has annual sales
of almost EUR 9 billion and employs some 22,000 people worldwide. The
company is headquartered in the Netherlands, with locations in
Europe, Asia, the Americas, Africa and Australia. More information on
DSM can be found at www.dsm.com.
For more information:
DSM Corporate Communications DSM Investor Relations
Nelleke Barning
tel. +31 (0) 45 tel. +31 (0) 45 5782864
5782017 fax +31 (0) 45 5782595
fax +31 (0) 45 e-mail
5740680 investor.relations@dsm.com
e-mail media.relations@dsm.com
