Products
Downloads
Locations / Sites
Contacts
Download list
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

Latest News

Media Release – 06/02/2019

Borealis and Borouge launch new regulated Bormed™ healthcare solution for medical and diagnostic devices at Pharmapack 2019

Read more

Media Release – 05/02/2019

Number of Borealis patent applications hits ten-year high in 2018

Read more

Media Release – 30/01/2019

Borealis announces continued support for UAE social welfare organisations

Read more

Media Release – 15/01/2019

Nestlé to join Project STOP as new strategic partner addressing the challenge of marine litter

Read more

Media Release – 11/12/2018

Lucrèce Foufopoulos - De Ridder appointed as Borealis Executive Vice President Polyolefins and Innovation & Technology

Read more

Media Release – 06/12/2018

Borealis increases PP capacity in Europe; strengthens commitment towards European customer base

Read more

Media Release – 05/12/2018

Thinking circular, Borealis launches EverMinds™: a new communication platform dedicated to circular economy solutions

Read more

Media Release – 29/11/2018

Borealis issues inaugural rated corporate bond

Read more

News – 13/11/2018

​Borealis Annual Report 2017 honoured with Austrian Sustainability Reporting Award (ASRA) 2018 in the category of first GRI report

Read more