DSM Reports Strong Start to 2008; Raises Earnings Estimates

Sijbesma: Demand firm in most markets. DSM says it has made a good start to 2008, because firm demand and pricing strength that emerged in most of the company’s markets in fourth-quarter 2007 have been sustained. “DSM’s strong market positions have enabled it to increase prices,” especially in the nutrition business, the company says. Strong business trends are also evident in the performance materials, fiber intermediates, and agchems businesses. “The current year has started strongly with firm demand being seen across most of our...

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