Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today received the 2009 Outstanding Corporate Innovator Award from the Product Development and Management Association (PDMA) in recognition of its strategic commitment to Open Innovation. Considered to be one of the world’s most important innovation awards, the Outstanding Corporate Innovator Award recognizes organizations that demonstrate exceptional skill in continuously creating and capturing value through new product and service development.
Q3 operating profit from continuing operations EUR 139 million, more than double Q2 2009 (EUR 58 million). Strong Life Sciences performance due to robust Nutrition business. Materials Sciences continued strong recovery. Cost savings and efficiency improvements on track to achieve EUR 150 – 200 million on yearly basis by 2010. Cash flow from operating activities again very strong (Q3 EUR 517 million). Outlook for the rest of the year remains uncertain; Q4 operating profit currently expected to be lower than Q3, but above Q4 last year.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces that the contracts to establish nutrition and anti-infectives joint ventures in China with North China Pharmaceutical Group Corporation Ltd. (NCPC) are suspended. DSM will continue its search for partners in China as the company prepares for further growth in the country, which in 2008 represented 8% of DSM’s net sales.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that Jan Zuidam, Deputy Chairman of the Managing Board of Directors of DSM, will retire on 1 January 2010, after 36 years of service with DSM, of which he served 12 years as member of DSM’s Managing Board.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces that it has been awarded the international AVK Innovation Award in the Environment category for a new, lightweight version of air-cargo containers. The containers help airlines to cut carbon emissions by 28,000 tons a year, the equivalent of taking more than 8,500 cars off the road.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that ®claryl picture glass was awarded the 2009 ICIS Innovation Award for Best Business Innovation.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, and Maire Tecnimont S.p.A., a leading international engineering and construction group headquartered in Italy, announce that they have finalized today the sale of DSM’s urea-licensing subsidiary Stamicarbon B.V. to Maire Tecnimont for a total consideration of EUR 38 million on a cash and debt-free basis.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that the DSM Nutrition Award 2009 for research on Human Nutrition has been granted jointly to Professor Michael F. Holick of Boston University, USA, and Professor Heike A. Bischoff-Ferrari of the University of Zurich, Switzerland, in recognition of their seminal contributions to research on vitamin D and its role in human nutrition and health.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that it has finalized the sale of DSM Energie Holding B.V. (DSM Energy) to TAQA Abu Dhabi National Energy Company PJSC on 30 September 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that its KhepriCoat™ anti-reflective coating system has contributed to achieving the highest energy conversion ever of a full-size solar module.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today will update investors and analysts at its annual Analysts Conference in Amsterdam (NL) on the progress made with its Vision 2010 strategy. DSM is also providing an update on recent trading conditions.
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, has regained its number one position in the chemical industry sector in the Dow Jones Sustainability World Index*, published today. From 2004 to 2006 DSM was named the worldwide sustainability No. 1 in this sector. In 2007 and 2008 it ranked amongst the top leaders in the sector.
Q2 operating profit from continuing operations clearly higher than Q1 2009. Q2
total operating profit of EUR 79 million, substantially down from last year’s
record. Nutrition business remains robust. Materials Sciences recovers from
first quarter losses. Cash flow from operating activities once again very
strong (EUR 267 million); 44% higher than Q2 2008. Interim dividend unchanged
at EUR 0.40 per ordinary share. The outlook remains uncertain, although the
initial impact of inventory write-downs and customer de-stocking now looks to
be largely over.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces today that it has reached an
agreement with TAQA Abu Dhabi National Energy Company PJSC for the sale of DSM
Energie Holding B.V. (DSM Energy) for an enterprise value of EUR 285 million.
The intended sale is expected to close in Q3 2009, subject to regulatory
approvals and notifications.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, and Maire Tecnimont S.p.A., a leading
international engineering and construction group headquartered in Italy,
announce today that they have reached an agreement for the sale of DSM’s
urea-licensing subsidiary Stamicarbon B.V. to Maire Tecnimont for a total
consideration of EUR 38 million on a cash and debt-free basis. The intended
sale is expected to close by Q4 2009, subject to regulatory and other
customary approvals and notifications.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announced that it has officially
endorsed the ‘Roadmap to End Global Hunger’, a comprehensive strategy
announced by a broad based coalition of leading humanitarian organizations
aimed at addressing global hunger through short, mid range and long term
initiatives focused on achieving the Millennium Development Goals of halving
global hunger by 2015.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointment: Ben van Dijk (1951) at present Executive Vice President Corporate
Human Resources, will be appointed Director Strategic Projects with effect
from 1 September 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointment: Jos Goessens (1951) at present Executive Vice President Strategic
Projects, will be appointed Executive Vice President DSM Expert Center (DEC)
with effect from 1 July 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces an agreement to acquire
Biopract GmbH, based in Berlin (Germany). The acquisition of privately held
Biopract will serve as an entry point for DSM into the promising biogas
market, which is showing 15-20% growth per year.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, and Mitsubishi Chemical Corporation (MCC)
today announce that they have signed a memorandum of understanding for DSM to
acquire MCC’s Novamid® polyamide business in exchange for DSM’s Xantar®
polycarbonate business.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces that it will quadruple
production capacity for Stanyl® ForTii™ in order to meet market demand for
this new polymer, which is used in electronics and other applications.
Q1 operating profit down to EUR 57 million. Continuing strong performance from
Life Sciences businesses. Most Materials Sciences businesses severely impacted
by downturn. Continued strong cash performance, EUR 166 million cash from
operating activities. No quantitative outlook provided for 2009 in view of
uncertain economic conditions.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today provides the investment community with
comparative quarterly figures for 2008.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces that it has entered into a
multi-million dollar contract with Shire US Manufacturing Inc., a subsidiary
of Shire plc., for the manufacture and supply of specialty pharmaceutical
products to Shire.
The DSM Annual General Meeting of Shareholders on 25 March 2009 passed a
resolution to declare a dividend for 2008 of EUR 1.20 per ordinary share of
EUR 1.50 par value. An interim dividend of EUR 0.40 per ordinary share having
been paid on 22 August 2008, the final dividend for 2008 will amount to EUR
0.80 per ordinary share.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, North China Pharmaceutical Group Corporation
Ltd. (NCPC GroupCo) of Shijiazhuang, Hebei Province, People’s Republic of
China, NCPC ListCo, the listed affiliate of NCPC and the State-owned Assets
Supervision and Administration Commission of the State Council (SASAC) of
Hebei Province today announce that they have signed the contracts regarding
investment by DSM in NCPC GroupCo and the establishment of three joint
ventures in the areas of nutritional products and anti-infectives.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
changes: Mr. Ben van Dijk, currently Executive Vice President Corporate Human
Resources is ready for a new challenge after leading the Human Resource
function of DSM for 10 years. Mr. Paul Jarrell will be appointed as Executive
Vice President Corporate Human Resources as per 1 September.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, presents its seventh annual sustainability
report, the Triple P report (People, Planet, Profit) 2008. This year’s report
has achieved an A + rating according to the guidelines of the Global Reporting
Initiative (GRI). This is the highest score companies worldwide can achieve
for the transparency of their sustainability reporting efforts.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces that DSM Biomedical obtained
an exclusive world-wide license for a unique drug & biologics delivery system
developed by MediVas LLC. Integrated into DSM’s Trancerta® Drug Delivery
platform, this will open up a broad range of opportunities for next generation
drug delivery. DSM’s activities in this field are an illustration of the way
DSM is leveraging its competences in Materials Sciences into Life Sciences
applications.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces today that it has opened a new
manufacturing facility for producing engineering plastics compounds in India.
With this new greenfield facility, DSM underlines its long term commitment to
one of the world’s largest and fastest growing emerging economies.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in The Netherlands, has successfully issued a EUR 500 million
5.75% bond due 2014.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces today that its Managing Board and
Supervisory Board have decided to withdraw a proposal to the Annual General
Meeting of Shareholders (AGM) to change the Total Shareholder Return vesting
scheme for stock options and performance shares (stock incentives).
Royal DSM NV, the world’s leading Life and Materials Sciences company,
announced today a scientific breakthrough in tackling iron deficiency and
malaria in partnership with the World Food Programme. It has found a new way
to resolve a longstanding nutrition problem – using its enzyme expertise to
provide iron to those suffering from iron deficiency, without increasing the
risk of malaria.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, and the French starch and starch-derivatives
company ROQUETTE confirmed during the international Life Sciences Forum,
BioVision, that its bio-based succinic acid demonstration plant in Lestrem
(France) will be operational by the end of 2009. The pilot scale production
has proven that this biological route for producing succinic acid can be
commercially viable. The first tests for customers are already underway with
this ‘green’ succinic acid.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces that today a new factory for
waterborne acrylic resins has been opened in Waalwijk (Netherlands). Total
investment costs amounted to EUR 30 million.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointment: Ms Femke Weijtens (41) at present Director External Relations at
Schretlen en Co N.V. (the Netherlands), will join DSM on 1 April 2009 and
prepare for her new position as Corporate Secretary. She will succeed Paul
Fuchs, who retires with effect from 1 September 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces today that credit rating agencies
Standard & Poor’s and Moody’s have confirmed their credit ratings for the
company.
Full year operating profit up 10% to EUR 903 million; Q4 down 35% to EUR 123
million. Continuing strong performance from Life Sciences businesses and DSM
Dyneema in Q4. Most Materials Sciences businesses severely impacted by
downturn since beginning of Q4. Focus on cash over profitability generates
strong cash flow in Q4; cost saving program of EUR 100 million under way.
Solid long-term financial position; dividend maintained at EUR 1.20 per share.
No quantitative outlook provided for 2009 in view of the uncertain economic
conditions.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces that its Triple P report
2008 achieves an A + according to the guidelines of the Global Reporting
Initiative (GRI). The A + rating is the highest score companies worldwide can
achieve for the transparency of their sustainability reporting efforts.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, announces that today exactly twenty years
ago the company was first listed on Euronext Amsterdam. To celebrate this
anniversary Feike Sijbesma, Chairman of the DSM Managing Board, earlier today
rang the opening bell on Euronext Amsterdam.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces that the previously
announced sale of DSM Special Products BV to Arsenal Capital Partners (United
States) will not be completed.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointment: Luca Rosetto (1963) at present Business Unit Director Europe /
Americas within the Business Group DSM Anti-Infectives, will be appointed
Corporate Vice President Safety, Health, Environment and Manufacturing
(CSHE&M) with effect from 1 March 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointment: Hans van Suijdam (1950) at present Director Strategic Projects in
China, will be appointed Director Corporate Operational Audit (COA) and
Compliance Officer as per 1 April 2009.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the opening of its DSM China
Campus in the Zhangjiang Hi-Tech Park in Pudong New Area, Shanghai. The Campus
will advance local research and development competence and as it is one of the
first LEED Gold-certified buildings in China, it will become a symbol of DSM’s
sustainable development in China.
Royal DSM N.V., the global Life Sciences and Materials Sciences company
headquartered in the Netherlands, today announces the following management
appointments: Gerard de Reuver (1956) at present Business Group Director DSM
Anti-Infectives (DAI), will be appointed Director Strategic Projects as per 1
March 2009. Stefan Doboczky (1967) at present Business Unit Director DAI
China, will succeed Gerard de Reuver as Business Group Director DAI as of 1
March 2009.