Heerlen ,NL, 28-Sep-2006
DSM Venturing, the corporate venturing unit of Royal DSM N.V., today announced that it has taken a minority share in Van Technologies Inc., a developer of an environmentally-compliant product-line of UV and water-based coatings. This investment paves the way for a broader range of activities in UV coating specialty market segments, a field DSM is presently focusing effort on.
Products developed by Van Technologies include innovative coatings for niche applications, such as specialty finishes, metals, building materials and plastics. Above all, their products are well positioned to take advantage of increased regulatory pressure and customer initiatives to convert from conventional solvent based products to clean/green technology. In this respect, the investment shows how DSM makes use of partnerships to make a contribution to the process of sustainable development.
DSM is a world leader in the development of high-performance ultraviolet light (UV) curable materials used in a variety of today's top industries. The cooperation with Van Technologies exemplifies how DSM builds on its existing strengths and develops new capabilities, products and processes by teaming up with innovative players all over the world.
Van Technologies Inc.
Van Technologies is dedicated to become the preferred supplier of innovative performance coating solutions using technologies that are environmentally responsible. They are intensive in the development and manufacture of UV curable and waterborne industrial coatings and support specialty finishes, composite, metal, plastic and other surface applications. For more information about Van Technologies see www.vtcoatings.com.
