SOURCE: DSM N.V.

December 19, 2007 02:21 ET

DSM Dyneema to become separately reporting business group

HEERLEN, NETHERLANDS--(Marketwire - December 19, 2007) -


Following the mid-term evaluation of DSM's strategy Vision 2010 - building on strengths, DSM will accelerate its transformation towards a leading Life Sciences and Materials Sciences company. DSM Dyneema fits very well in this strategy. For transparency reasons, it has therefore been decided to position DSM Dyneema as a separate business group within the Performance Materials cluster with effect from January 1, 2008.

With effect from the same date Mr. Christophe Dardel, at present Business Unit Director DSM Dyneema, will be appointed Business Group Director DSM Dyneema, directly reporting to the Managing Board of Directors.

DSM

DSM creates innovative products and services in life sciences and materials sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com.

For more information:
DSM Corporate Communications        DSM Investor Relations
Nelleke Barning
tel. +31 (0) 45 5782017             tel. +31 (0) 45 5782864
fax  +31 (0) 45 5740680             fax  +31 (0) 45 5782595
e-mail media.relations@dsm.com      e-mail investor.relations@dsm.com

Press release-pdf: http://hugin.info/130663/R/1177048/233786.pdf

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information