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DSM Coating Resins to Cut Jobs

11:41 AM MST | November 21, 2011 | Ian Young

DSM Coating Resins, a DSM subsidiary, says it will cut 150 jobs following its creation through the previously announced merger of the DSM Powder Coating Resins and DSM NeoResins units. The measures are aimed at improving the financial performance of DSM Coating Resins, "which is necessary due to the challenging economic circumstances, and weak building and construction markets especially in Europe and North America," the company says. Further details were not disclosed. "This organizational alignment will address our cost base, as well as...

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