Royal DSM, a global science company active in health, nutrition and materials, announced it has invested €15 million for the expansion of its Coating Resins plant in Meppen, Germany.
The facility is specialized in the production of liquid polyesters and other specialty resins. With this expansion, DSM Coating Resins reinforces its position in the can and coil coatings segment and ensures it remains fit for growth in the BPA-free market.
The capacity expansion follows strong growth in the can and coil coatings segment in recent years with the growth due, in part to the market shift from epoxy-based packaging coatings towards new BPA-free solutions.
In particular, the investment will enable greater supply flexibility, the ability to meet growing demand and improved stock management. The investment underlines DSM's commitment to the sustainability and innovation of the coatings industry and strenghtens its long-term position as a leader in the market.