DSM Strengthens its Market-Leading Position in The Development and Commercialization of Sustainable, Innovative Resins and Circular Economy Solutions

Date: 08/10/2018
Categories: Other news

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, has today announced the strengthening of its leadership in sustainable, innovative resins & circular economy solutions with the successful expansion of its production capacity of its sustainable liquid polyester technology and other specialty resins, through the operational launch of a new state-of-the-art polyester production facility in Meppen, Germany.

This completed expansion follows the strong growth in our can and coil coatings segment in recent years, with growth driven by the market shift from epoxy-based packaging coatings toward new more sustainable bisphenol (BPA)-free solutions. DSM's new facility will enable greater supply flexibility and security, the ability to meet growing customer demand and address customer needs, as well as improving DSM's own inventory management and positively contributing to DSM's working capital management.

In addition, the investment in new technology underlines DSM's commitment to the production of high-quality products and economic incentives in the region of Meppen, which links the economic areas of northern and central Europe.

Fredrik Hjelmqvist, Managing Director, Powder, Can & Coil Coating Resins, DSM: "After months of preparation, we're very proud to launch this new facility in Meppen. This development underlines our continued commitment to the Can & Coil market and reinforces our capability to meet our customer demand moving forward – and specifically their demand for more sustainable solutions."

Martin Vlak, Managing Director, Specialty Resins, DSM: "Through the launch of this new facility, we have again underlined our ambition to take a market-leading position in the development and commercialization of innovative resins and circular economy solutions. For example, our Niaga® resins are environmentally friendly solutions that are clearly aligned with DSM's purpose of creating brighter lives for all."