Heerlen , Netherlands - Royal DSM NV is investing Euros 30 million to build a facility for waterborne emulsion resins at Waalwijk in the Netherlands . Products from the new plant will be marketed by DSM NeoResins+, and production is scheduled to come on stream at the end of 2008, said a 22 Sept announcement from DSM.
The new unit will be built at DSM NeoResins+' existing production site in Waalwijk, which is mainly used to make speciality products such as acrylic emulsions, acrylic beads and urethane resins.
DSM says its NeoResins+ unit is "a leading global player in the waterborne emulsions market, focusing on high-performance products." In this product group, DSM said, it expects 7 percent growth worldwide in the coming years.
Waterborne emulsion resins are sold in the company's key coating segments for joinery, decorative and industrial wood applications and for the graphic arts industry.
According to DSM, "further and stronger growth is expected in the light of the new upcoming VOC (volatile organic compound) regulations." DSM said its waterborne emulsions comply with all upcoming regulations adding that they "offer a good alternative to less environmentally friendly solvent-based resins while keeping high performance and durability standards."
"This expansion fits in perfectly with DSM's strategy Vision 2010 - Building on Strengths and will make DSM NeoResins+ fit for growth and for producing new innovative and sustainable products. With this investment we are underpinning our strong commitment to the coatings and graphic arts market and are expressing our confidence in the success of our innovation pipeline," commented Nico Gerardu, member of DSM's board and responsible for the Performance Materials cluster, in the company statement.