12 November 2012
Details
Borealis
has reached an agreement to acquire the shares of
1. DSM Plastomer B.V. from DSM Netherland B.V. and
2. Exxon Chemical Holland Ventures B.V. from
ExxonMobil Benelux Holdings B.V.
each holding a 50 % interest in
DEXPlastomers V.O.F.
in Geleen, The Netherlands
The agreement underpins
Borealis' commitment to its value creation
through innovation strategy, as Borealis
believes that there is significant potential
in DEX-Plastomers' technology
DEXPlastomers
is a 50/50 joint venture
ultimately owned by
Royal DSM and ExxonMobil Chemical Company
The products of DEXPlastomers are specialties
complementary to Borealis' innovate plastic solutions.
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