NEW COLLABORATION IN SIZINGS & BINDERS

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NEW COLLABORATION IN SIZINGS & BINDERS
17 May 2006 - DSM Coating Resins

DSM Sizing & Binders extended its Neoxil product portfolio with new sizing and binding grades for the glass fibre production industry. These products, developed and manufactured by DSM NeoResins, herald a new phase of cooperation between the two business units. As Remko Goudappel, Business Director, Sizings & Binders commented: "this is the start of an important collaboration between our two businesses which will result in a new range of innovative products being introduced to the glass fiber market during the course of this year."

DSM Composite Resins (Sizing & Binders) expand their Neoxil product range for the glass fibre industry by close cooperation with DSM NeoResins.

DSM Sizing & Binders and DSM NeoResins (specialty coatings) have made an agreement for development in the field of polyurethane, and polyacrylate chemistry for applications in thermoplastic glass fibre reinforced applications. From the start of this year, DSM Sizings & Binders has assumed the supply of existing NeoResins products to glass fiber producers. Additionally, the first set of specialty products from existing and newly developed NeoResins systems will be offered under the Neoxil tradename for glass fibre.

The agreement includes cooperation in technical support, R&D, and manufacturing (including plants in Europe and the US). Neoxil will remain the dedicated name for products to the glass fibre industry, while NeoResins will pursue other markets including specialty coatings and adhesives.

Henk van de Wiel, Commercial Director, DSM Neoresins added: "we are continually exploring synergies with other business units to exploit specialist niche markets. Our cooperation with DSM Sizings & Binders is an excellent example of how we are channeling these synergies to most effectively meet the needs of our customers."

DSM Sizing & Binders is a Unit within DSM Composite Resins AG. The Unit is dedicated to the development, manufacture and marketing of Neoxil sizings & binders that are applied to glass filaments during the manufacturing process of glass fibre. Although the layer of sizing is very thin and contributes only 1.0% of the weight of the glass, it adds great value by protecting the glass strands from breaking and making them compatible with the different plastic matrices. Without Neoxil, a glass fibre cannot be used to reinforce plastic, and for every type of plastic, a specific Neoxil has been developed. Neoxil is also a secondary binder that, once cured, holds glass strands together to form a glass mat.

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About: DSM Coating Resins
DSM Coating Resins is one of the business groups making up DSM’s Performance Materials cluster. It specializes in the development, manufacture and sale of resins for coating systems. It is a global supplier of polyester resins for powder coatings, can coatings and coil coatings. The company also plays an important role as a resins supplier to the decorative coatings market, protective and maintenance coatings market, and industrial coatings markets. DSM Coating Resins has production sites in many countries in Europe, North America and Asia.

DSM's activities are grouped into three clusters: Life Science Products, Performance Materials and Industrial Chemicals. DSM Nutritional Products will remain a seperate entity for the time being. The group has annual sales (pro forma, including the recent acquisition - renamed DSM Nutritional Products) of approximately EUR 8 billion and employs in the region of 25 000 people around the world. Its headquarters are based in The Netherlands.

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