DSM Upgrades US Waterborne Coatings Facility
DSM is investing an undisclosed "substantial" sum to upgrade its production facilities for waterborne resins for inks and coatings at Wilmington, Massachusetts in the US.
The Dutch chemical producer said trends toward environmentally friendly and renewable products call for novel resin technologies that enable customers to stay ahead of expected environmental and regulatory challenges without sacrificing performance
"We believe that, together with our industry partners, we can transform the coatings market towards healthy and environmentally-friendly technologies and solutions. Introducing waterborne products that deliver on sustainability as well as improved performance, creates significant growth opportunities for our customers," said Patrick Niels, president of DSM Resins & Functional Materials.
DSM's resins used in packaging, construction, flooring, automotive, textiles, decorative, adhesive and general industrial segments are sold under the trade names NeoRez, NeoRad and NeoPac.