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
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 02/05/2023

Borealis launches portfolio of circular plastomers and elastomers based on renewable feedstock

Read more

News – 03/11/2022

Excellent starting resin for flexible TPO compounds: New soft random heterophasic PP

Read more

Media Release – 15/09/2022

On presents the first ever shoe made from carbon emissions in partnership with LanzaTech, Borealis and Technip Energies

Read more

Media Release – 05/11/2021

On announces CleanCloud™ - turning carbon emissions into running shoes in cooperation with LanzaTech and Borealis

Read more

News – 24/06/2019

Borealis assists those seeking to change from polystyrene to more sustainable polypropylene packaging

Read more

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 – 15/02/2024

Borealis and Axpo sign two new long-term wind PPAs

Read more