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DSM sells DSM Agro and DSM Melamine to Orascom Construction Industries.

Chemical Business Newsbase

| March 30, 2010 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

Koninklijke DSM is selling its DSM Agro and DSM Melamine businesses to Orascom Construction Industries (OCI) in Cairo for EUR 310 M, excluding liquid assets and free from debts. For the time being the 779 workers will not be affected. DSM Agro produces ammonia and fertilizers with a high nitrogen content at the plant on the Chemelot site in Sittard-Geleen. DSM Melamine manufactures melamine, an intermediate for synthetic resins, at …

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