Download list
Locations / Sites
Contacts
Login
Back to News

Borealis to acquire DEXPlastomers

Borealis, a leading provider of chemical and innovative plastics solutions, announced today that it has reached an agreement to acquire the shares of DSM Plastomers B.V. and Exxon Chemical Holland Ventures B.V., each holding a 50% interest in DEXPlastomers V.O.F. in Geleen, The Netherlands, from DSM Nederland B.V. and ExxonMobil Benelux Holdings B.V.  DEXPlastomers is a 50/50 Joint Venture ultimately owned by Royal DSM and ExxonMobil Chemical Company.

Following this agreement, the relevant employee representatives are being informed and consulted on the proposed sale to Borealis. The transaction is subject to customary approvals and notifications.

The products of DEXPlastomers are specialties complementary to Borealis’ current innovative plastic solutions. The agreement made with ExxonMobil Benelux Holdings B.V. and DSM Nederland B.V. underpins Borealis’ commitment to its Value Creation through Innovation strategy, as Borealis believes there is significant potential in DEXPlastomers’ technology.

END

For further information please contact:

Kerstin Meckler, Director Communications
Tel. +43 (0)1 22 400 389
e-mail: kerstin.meckler@borealisgroup.com 

Downloads
Borealis to acquire DEXPlastomers English, German
Media Contact
Virginia Mesicek
Senior Manager External Communications

Latest News

Media Release – 07/06/2016

Borealis extends Queo™ plastomers portfolio with polyolefin elastomers, rebrands Compact technology to Borceed™

Read more

Media Release – 16/10/2013

Queo™ – the new multifaceted team player from Borealis Plastomers

Read more

Media Release – 04/03/2013

Borealis acquires DEXPlastomers in Geleen

Read more

Media Release – 22/10/2020

First delivery of naphtha to new 80,000 m3 cavern at Borealis operations in Porvoo, Finland

Read more

Media Release – 20/10/2020

Covestro receives first supply of certified renewable phenol for polycarbonates from Borealis

Read more

Media Release – 15/10/2020

Borealis signs agreement with sustainable energy supplier Eneco, significantly boosting share of renewable energy used in its Belgian operations

Read more

News – 14/10/2020

Borealis joins NGOs and businesses' call for UN treaty on plastic pollution

Read more

News – 06/10/2020

EU supports Antwerp@C innovative CO₂ reduction project by granting Connecting Europe Facility (CEF) funding

Read more

Media Release – 25/09/2020

ITOCHU, Borealis and Borouge announce collaboration to enable uptake of renewable polypropylene in the Japanese market

Read more