DSM Readies Divestment Program for Several Major Businesses

DSM says it will begin a divestment process in September for several businesses as part of a previously announced program, dubbed Vision 2010, to transform the company into a life science and material science organization (CW, Oct. 3, 2007, p. 7). The company says it has appointed banks to assist with the program and that it will issue information memorandums for three separate divestment packages. One package will combine the DSM Agro fertilizer business, including the company’s ammonia assets, with DSM Melamine. DSM Elastomers, which includes ethylene...

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