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DSM Buys Polyester Polymer Assets

9:17 AM MDT | August 25, 2008 | Chemical Week Editorial Staff

DSM Engineering Plastics, a DSM subsidiary, has agreed to acquire the polymerization assets of Diolen Industrial Fibers (Arnhem, the Netherlands). The deal includes polyester polymer plants at Emmen, the Netherlands, which will be integrated with DSM’s polyester compounding unit at Emmen. The acquisition gives DSM backward integration into polyester polymer production for the company’s Arnitel TPC, Arnite PBT, and Arnite PET engineering plastics. DSM Engineering Plastics had 2007 sales of €839 million ($1.2...

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