Press release

DSM completes creation of Vitamin E Joint Venture with Nenter - JV stops production for significant upgrade of plant to DSM standards

Heerlen, NL, 27 Aug 2019 08:00 CEST

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, has completed the creation of a 75/25 joint venture (JV) with Nenter & Co., Inc., as first announced on 29 January 2019. The JV acquired all Nenter’s Jingzhou Vitamin E production and related assets. The JV will immediately start implementing the anticipated upgrade activities to ensure compliance with DSM’s safety, health and environmental standards, and will therefore stop production. The shutdown will last as long as needed to finalize these significant upgrades.

The JV now owns and will operate the vitamin E production facilities in Jingzhou, Hubei, China and has a minority shareholding in Nenter’s Shishou facility, in Hubei, China, where an intermediate for vitamin E is produced. The JV will produce vitamin E exclusively for DSM.

The JV will upgrade and refurbish the facilities to secure a high-quality and sustainable supply of vitamin E, which complies with DSM’s safety, health and environmental standards.

The shutdown that was already planned as from beginning of September will be extended to enable the implementation of these upgrade activities. As soon as there is more clarity on the total duration of the shutdown, an update will be given. 

For more information

Lieke de Jong-Tops

Senior Communications Manager
+31 45 578 2420
media.contacts@dsm.com

Dave Huizing

Vice President Investor Relations
+31 45 578 2864
investor.relations@dsm.com

Lieke de Jong-Tops

Senior Communications Manager
+31 45 578 2420

Dave Huizing

Vice-President Investor Relations
+31 45 578 2864

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