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DSM completes sale of participation in DEXPlastomers JV to Borealis


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-04 08:23:13 -

Royal DSM, the global Life Sciences and Materials Sciences company, announced
today that it has completed the sale of its participation in DEXPlastomers
V.o.F, a 50/50 Joint Venture of DSM with an affiliate of ExxonMobil Chemical, to
Borealis. DSM also sold its LldPE Compact Solution Technology to Borealis. The
transaction was announced in November 2012.

Established in 1996, DEXPlastomers is a 50/50 joint venture between DSM and
Exxon Chemical Holland Ventures B.V., producing C8 plastomers and linear low
density polyethylene. In the scope of the transaction are approximately 100
employees who have transferred to the new owner upon closing. DSM's LldPE
Compact Solution Technology was first developed in the 1960's to produce
polyethylenes in a certain density range and is instrumental to the operations
of DEXPlastomers.

For DSM, a sale of DEXPlastomers 
is in line with its long-term focus of being a Life Sciences and Materials Sciences company, active in health, nutrition and materials. DSM's 50% participation in DEXPlastomers was reported under Corporate Activities in DSM's accounts. DSM - Bright Science. Brighter Living.(TM) Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 23,500 employees deliver annual net sales of around €9 billion. The company is listed on NYSE Euronext. More information can be found at www.dsm.com. Or find us on: For more information: DSM Corporate Communications DSM Investor Relations Herman Betten Dave Huizing tel. +31 (0) 45 5782017     tel. +31 (0) 45 5782864 fax +31 (0) 45 5740680     fax +31 (0) 10 4590275 e-mail media.relations@dsm.com e-mail investor.relations@dsm.com Press release-pdf: hugin.info/130663/R/1682603/550446.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: DSM N.V. via Thomson Reuters ONE [HUG#1682603]


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