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DSM acquires full ownership of NPC PA6 polymer facility.

Europe Intelligence Wire

| January 07, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, and Shaw Industries Group, Inc. announce today that DSM has acquired full control of the PA6 polymerization facility of Nylon Polymer Company LLC (NPC) in Augusta (Georgia, United States). Shaw Industries and DSM Chemicals North America were previously joint venture partners in NPC.

As a result of the transaction, which has been closed, NPC is fully integrated into DSM Engineering Plastics' activities as of 1 January 2010. Financial details and terms of the transaction will not be disclosed.

For DSM Engineering Plastics the acquisition of the full ownership of the PA6 polymerization facility is an important step in its strategy to increase its geographical …

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