Innovation
Innovation is key to our Vision 2010 strategy. It is
key to continuing our success in a world of change characterized by global
societal trends such as individualization, global networking, aging and
population growth, and increased awareness of health, safety and environmental
issues. At the same time, science and technology are developing at a
tremendous speed, creating the technological base required for meeting the new
consumer needs for ‘specialties’.
New societal needs and new technological possibilities
This
convergence of new societal needs and new technological possibilities forms
the stage on which DSM will build further on its existing strengths and
develop new capabilities, products and processes. We will use our innovative
capacity and our networks and partnerships to make a contribution to the
process of sustainable development. Successful innovation is the result of a
dynamic, integrated process that is market-driven and collaborative and is
backed by efficient resource management and inspiring leadership.
Highlights and achievements in 2008
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DSM achieved a record year despite the impact of the global economic downturn
in the last quarter of 2008.
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Economic headwinds increased, notably during the fourth quarter, and the
company took several measures to improve cash flow, reduce costs and
strengthen profitability and future competitiveness.
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DSM remains fully committed to continued investments in innovation and will
continue to invest in growth businesses.
