DSM and NHU form joint venture to add PPS compounds to DSM's global portfolio of high performance engineering plastics

摘要

THE joint venture, DSM NHU Engineering Plastics (Zhejiang) Co Ltd, in which DSM will hold a 60% share and NHU 40%, will be located at Zhejiang, Peoples Republic of China. It will produce a range of high performance engineering plastic compounds based on PPS polymer produced by NHU. The partners do not disclose financial details of the agreement or information on the capacity of the new operation. Products will be targeted principally at Automotive, as well as in Electrical and Electronics, and Industrial markets. Subject to anti-trust and other approvals from the relevant authorities the transaction is expected to close within a few months.