DSM completes sale participation in DEXPlastomers JV Borealis

DSM completes sale of participation in DEXPlastomers JV to Borealis

7:33 AM, 4th March 2013
DSM completes sale of participation in DEXPlastomers JV to Borealis

HEERLEN, THE NETHERLAND: Royal DSM, the global Life Sciences and Materials Sciences company, has completed the sale of its participation in DEXPlastomers VoF, a 50/50 Joint Venture of DSM with an affiliate of ExxonMobil Chemical, to Borealis. DSM also sold its LldPE Compact Solution Technology to Borealis. The transaction was announced in November 2012.

For DSM, a sale of DEXPlastomers is in line with its long-term focus of being a Life Sciences and Materials Sciences company, active in health, nutrition and materials. DSM’s 50 per cent participation in DEXPlastomers was reported under Corporate Activities in DSM’s accounts.

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