Exchange biz activities is win-win situation for DSM & MCC
29 May '09
3 min read
The intended swap is another important step in the ongoing growth of DSM Engineering Plastics in Asia. Last year DSM opened the first Akulon PA6 polymerization plant in China and earlier this year a greenfield facility for producing engineering plastics compounds in India opened.
In Japan, DSM Japan Engineering Plastics K.K. successfully entered the market with the world's number one high-heat polyamide (Stanyl) two decades ago. It is envisaged that MCC's polyamide business will be combined with DSM Japan Engineering Plastics K.K.
The transaction is subject to various external approvals and will be submitted to the works councils according to the usual procedures. Closing is expected before the end of the year.