12 November 2012 08:03 [Source: ICIS news]
SINGAPORE (ICIS)--DSM has reached an agreement with ?xml:namespace>
DEXPlastomers is a 50:50 joint venture between DSM and Exxon Chemical Holland Ventures that produces C8 plastomers and linear low density polyethylene (LLDPE), the company said in a statement.
The deal, expected to close in the first quarter of next year, includes the sale of the DSM’s LLDPE compact solution technology to Borealis, DSM said.
In 2012, DEXPlastomers expects revenues of about €180m ($228m), it added.
($1 = €0.79)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections