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(dsm) -- DSM is
to make further investments in its Kaohsiung polymerization facility in Taiwan
to upgrade and develop the company’s Specialty Polyamide capabilities for its
Novamid and Akulon Polyamide engineering plastic business. The Kaohsiung
site has been a part of DSM since 2010 and already produces specialty Polyamide
6 and 6/66 materials for its Novamid product line.
Construction has already begun and the investment is expected to be completed
by the last quarter of 2012. This investment is in line with DSM’s strategy of
focused growth and part of the continued expansion of its Akulon and
Novamid Polyamide product lines. It also demonstrates how DSM, as a leading
supplier of engineering plastics, is committed both to Asia and to the specialty
polymers market.
In May 2010 DSM added Novamid to its portfolio through a swap deal with
Mitsubishi Chemical Company. The Novamid product line gave DSM not only a
foothold in the Polyamide 6 business in the Japanese market but also added
Polyamide copolymers and other specialties to the DSM Polyamide portfolio.
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