in this issue
World News and Views :: Top of the News
DSM to Buy Majority Stake in UHMW-PE Fiber Manufacturer in China
12:54 AM MST | February 17, 2011 | Deepti Ramesh
DSM says it has signed an agreement to acquire a majority shareholding in Shandong ICD High Performance Fibre (ICD; Laiwu, China). ICD is a manufacturer of ultra-high molecular weight polyethylene (UHMW-PE) fiber and a potential strong player in the Chinese market for high performance fibers, DSM says. Financial terms of the transaction were not disclosed. The transaction is expected to close later this year. The agreement with ICD concludes an extensive selection process by DSM to find the right company in the Chinese market, and the acquisition of the stake in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee