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News

DSM forms functional materials business unit to focus on coatings and composites

DSM Functional Materials : 12 April, 2011  (Company News)
Following an extensive strategic study for its resins businesses, DSM proposes to expand its innovation activities in the area of formulated coatings and composites, with the formation of a DSM Functional Materials Business Unit.
DSM Functional Materials will focus on market trends pointing toward more environmentally friendly and lighter-weight materials. It will continue its operations in UV-curable materials with a strong focus on Asia and other high-growth economies, while also targeting additional high-growth areas for its innovation efforts, including:
Functional coatings and materials for solar applications
Functional wood coatings
Composite materials

The activities of its current DSM Desotech Business Unit will be integrated into this new structure. DSM Desotech is active in the development of high-performance UV-curable materials including the top-selling brands of DeSolite optical fiber coatings and Cablelite inks for the telecommunication industry, and Somos stereolithography additive fabrication materials. In 2008, this UV-curable portfolio was expanded to include UVolve Instant Floor Coatings and UVaCorr anti-corrosion coatings for tube & pipe.

'We will aim for a major portion of sales to fall under the DSM ECO+ definition1 by 2015. Secondly, much more than in the past, we will actively pursue partnerships and venturing to grow our efforts beyond what could traditionally be accomplished by our own efforts,' said Henk-Jan Koenen, Business Unit Director DSM Functional Materials (previously Business Unit Director DSM Desotech).
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