News for the plastics and rubber industry. Macplas

News with tag: DSM

DSM sells its engineering materials businees to Advent International and Lanxess

The global purpose-led science-based company, DSM, announced that it has reached an agreement to sell its Engineering Materials business to Advent International and Lanxess for an enterprise value of 3.85 billion euros. The proposed transaction marks the conclusion of DSM’s review of strategic options for...

DSM announced sale of Protective Materials business to Avient Corporation

The global purpose-led science-based company, DSM, announced that it has reached an agreement to sell its Protective Materials business to Avient Corporation for an enterprise value of 1.44 billion euros. The proposed transaction includes all of DSM’s Protective Materials activities, chiefly...

DSM expands compound production in China

DSM Engineering Materials announced the expansion of its high-performance materials production capacity at its Jiangyin plant in Jiangsu province, China. Work on an additional compounding line began in February 2022, with completion expected in 2023. The new line will help DSM to meet growing demand for high-performance polymers used in...

DSM and Sabic combine efforts to create recycled-based Dyneema

The global science-based company, DSM, and the global leader in the chemical industry, Sabic announced a collaboration to create recycled-based Dyneema. Through a joint pilot with multiple CirculariTeam members, the manufacturing and usage of Dyneema using mixed plastic waste as feedstock (via mass balance approach) will be...

Covestro completes acquisition of RFM business from DSM

On April 1, 2021, Covestro completed the acquisition of the RFM (Resins & Functional Materials) business from the Dutch company DSM. The transaction received regulatory approval after Covestro and DSM signed an acquisition agreement in late September 2020. The transaction substantially expands Covestro’s portfolio of sustainable coating...

Joint development of a new casing for meat products from post-consumer plastics

Driven by a shared vision of sustainability and strong collaboration, DSM, Sabic, Cepsa, Fibrant, and Viscofan have together created a multi-barrier casing for meat products made via advanced recycling of post-consumer plastics. The transition towards recycled-based multi-layer films enables the packaging industry to adopt a more sustainable solution...

Most read news