Adhesives & Sealants Headlines

DSM Coating Resins Outlines Organizational Alignment

November 11, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

DSM Coating Resins, a business unit of Royal DSM N.V., has outlined plans to align the organization with a sharpened strategic focus on its core coating and graphic arts resins markets. As part of these plans, the business unit aims to capture additional synergies from the merger of two business units (formerly known as DSM Powder Coating Resins and DSM NeoResins+) announced earlier this year. DSM also plans to further improve the financial performance of this newly formed business unit, which is also necessary due to the challenging economic circumstances and weak building and construction markets, especially in Europe and North America.

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.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI Sept 2014 cover

2014 September

Our September issue features articles focusing on high-tech applications and raw materials, as well as a preview of the ASC Fall Convention and Expo. Check it out today!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px