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As a result of the alignment, the number of worldwide positions at DSM Coating Resins will be reduced by 150 full-time employees. According to the company, this will allow it to effectively and efficiently continue to grow its position as the leading coating resins supplier for developing innovative building blocks for sustainable coating systems.
“DSM Coating Resins will continue its drive to develop resins for innovative, sustainable coating solutions, such as water-based, powder and UV coating systems,” said Patrick Niels, business unit director. “In order to do that, we need to ensure sufficient financial returns. This organizational alignment will address our cost base, as well as sharpen our focus on developments in our core technologies and segments. This will allow us to continue to invest in developing innovative sustainable resin systems for our customers, while at the same time safeguarding our returns also in an economically challenging environment.”
For more information, visit www.dsm.com.