Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borealis signs agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd

photo: Head Quarter & Smart factory

photo: © DYM Solution Co. Ltd

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces that it has signed an agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd. The agreement and transaction are subject to all required regulatory approvals.

Based in Cheonan South Korea, DYM Solution Co. Ltd. was founded in 1992 and is a provider of compound solutions for the global wire and cable industry. It specialises in semi-conductive, halogen-free flame retardant (HFFR), rubber and silane cured compounds.

With this investment, Borealis seeks to extend the global Wire & Cable asset footprint it has together with Borouge, thereby embodying the mission of Bringing Energy All Around. Borealis will be able to build upon its extensive and sophisticated portfolio, with complementary products and technologies for semi-conductive, flame retardant, rubber and silane cured compounds.

“Having access to an Asian manufacturing base would significantly expand our ability to foster continuing organic growth for Borealis and Borouge and enable us to meet the requirements of our wire and cable customers even better,” says Borealis Chief Executive Alfred Stern.
 
END

photo: Head Quarter & Smart factory

photo: © DYM Solution Co. Ltd

Downloads
Borealis signs agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd English, Dutch, Finnish, French, German, Korean, Swedish
photo: Head Quarter & Smart factory photo: © DYM Solution Co. Ltd
Media Contact
Virginia Mesicek
Senior Manager a.i., External Communications

Latest News

News – 16/05/2019

Proud to have been nominated for the ‘CIRCUMAT’ at the Energy Globe Awards

Read more

Media Release – 08/05/2019

OMV ReOil project: OMV and Borealis extend their partnership at the industrial site in Schwechat

Read more

News – 15/04/2019

Borealis EverMinds™ - establishing circular thinking with value chain partners at the Plastics Recycling Show Europe (PRSE)

Read more

News – 11/04/2019

Value chain partners explore sustainable rigid packaging solutions at Borealis event in Munich

Read more

News – 10/04/2019

Schwarz Retail Group Supports Project STOP in Asia

Read more

Media Release – 23/03/2019

Borealis and ADNOC sign Memorandum of Understanding to explore strategic opportunities in the polyolefin industry

Read more

News – 19/03/2019

Borealis wins the 2019 Foreign Investment of the Year Trophy

Read more

News – 19/03/2019

Best polymer producers for Europe awards

Read more

News – 14/03/2019

Solar energy for Myanmar hospital thanks to Borealis Social Fund and Quentys™

Read more