Royal DSM N.V. has decided to build a new factory for waterborne emulsion
resins. This new plant will produce waterborne emulsions to be marketed by DSM
NeoResins+. Production will come on stream at the end of 2008. The total
investment costs amount to EUR 30 million.
The new factory will be built at the existing DSM NeoResins+ production site
in Waalwijk, the Netherlands, which is mainly used for the production of
specialty products such as acrylic emulsions, acrylic beads and urethane
resins.
DSM NeoResins+ is a leading global player in the waterborne emulsions market,
focusing on high-performance products. In this product group DSM expects 7%
growth worldwide for its waterborne emulsions in the coming years. The
products are sold in the company’s key coating segments for joinery,
decorative and industrial wood applications and for the graphic arts industry.
Further and stronger growth is expected in the light of the new upcoming VOC
regulations. DSM’s waterborne emulsions comply with all upcoming regulations
and offer a good alternative to less environmentally friendly solvent-based
resins while keeping high performance and durability standards.
“This expansion fits in perfectly with DSM’s strategy
Vision 2010 – Building on Strengths and will make DSM NeoResins+ fit
for growth and for producing new innovative and sustainable products. With
this investment we are underpinning our strong commitment to the coatings and
graphic arts market and are expressing our confidence in the success of our
innovation pipeline,” commented Nico Gerardu, member of DSM’s Managing
Board and responsible for the Performance Materials cluster.
About DSM NeoResins+
DSM NeoResins+ is the number one leading
global supplier of innovative specialty resins, focused on fulfilling the
needs of the coatings and graphic arts industries. DSM NeoResins+ has 1,200
employees and seven manufacturing sites: in Frankfort and Wilmington (US),
Shunde (China), Hoek van Holland and Waalwijk (the Netherlands), Meppen
(Germany) and Parets (Spain). Being focused on customer needs it has five
Application and Research & Technology Centers: in Wilmington (US), Shanghai
and Shunde (China), Parets (Spain), Waalwijk and Zwolle (the Netherlands). All
of these centers are supported by three Customer Service Centers: in
Wilmington (US), Shunde (China) and Waalwijk (the Netherlands).
