DSM invests EUR 15 million in new resins plant in Meppen, Germany

Royal DSM N.V., the leading Life Sciences and Materials Sciences company from the Netherlands, today announces that it will invest nearly EUR 15 million in the construction of a new plant for the production of wet polyesters and other specialty resins in Meppen, Germany.

The new production line will be built at the existing site of DSM NeoResins+ in Meppen. The plant will be completed in the first half of 2009 and will allow for further expansions in the future.

Wet polyesters represent an important and promising product line. With this expansion DSM NeoResins+ will reinforce its strong position in the fast growing (more than 8% per annum) and strategically important markets such as can, coil and niches in the decorative segments.