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Sells DSM Synres to Standard Investment, Euroresins to Cathay Investments
December 23, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Royal DSM announced it has reached agreement with Standard Investment for the sale of DSM Synres, as well as with Cathay Investments for the sale of Euroresins. Subject to customary approvals and notifications, the transactions are expected to close in Q1 2015. Financial details will not be disclosed at this time. DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (The Netherlands) for the global coatings, adhesives and graphic arts markets sinc...
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