DSM to exchange PC business with Mitsubishi’s polyamide business

01-Jun-09
Subject to necessary approvals, DSM is set to swap its polycarbonate business for Mitsubishi Chemical Corp’s polyamide business by year end. The barter of the two businesses valued at a turnover of €90 mln each, will result in strengthening the strategic strengths of both the companies. Taking over Mitsubishi’s business will enhance DSM’s position in automotive, electrical and flexible packaging markets and strengthening its presence in Asia. Mitsubishi will benefit by strengthening its presence in polycarbonate, especially in Europe.
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