Internationalization
The internationalization of DSM’s asset
base and workforce progressed rapidly under the Vision 2005 program and will
be intensified in the coming years. Identified opportunities such as demand
growth in selected emerging economies have led DSM to decide to significantly
step up its growth efforts in these promising regions. A stronger presence in
selected emerging economies will also help to create a better balance between
sales by origin and sales by destination.
China - Strategic review of Vision 2010 in September 2007
DSM
continues to experience strong growth in emerging economies. The particularly
rapid development of the company’s presence in China, where DSM is currently
achieving annual sales growth of around 20%, has enabled DSM to raise its
Vision 2010 growth objectives in China. The original target of USD 1 billion
of revenues being derived from China by 2010 is now expected to be achieved
well in advance of this time (2007 revenue: USD 956 million) and accordingly a
new target of USD 1.5 billion by 2010 has now been set.
