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People & Business :: Companies

DSM and Mitsubishi Complete Exchange of Polycarbonate and Polyamide businesses

1:00 AM MDT | June 1, 2010 | Deepti Ramesh

DSM says its DSM Engineering Plastics business has completed the previously announced acquisition of Mitsubishi Chemical’s polyamide business in exchange for DSM’s polycarbonate business. The companies had signed contracts for the swap in February. Both businesses have annual sale of about €90 million each. Financial details of the exchange were not disclosed. The acquisition of Mitsubishi’s polyamide business allows DSM Engineering Plastics to further reinforce its position as one of the globally leading producers of polyamide engineering...

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