DSM and CVC finalize partnership for Polymer Intermediates and Composite Resins
All approximately 1,900 employees have transferred to ChemicaInvest, which is 65% owned by CVC and 35% by DSM. DSM contributed its global caprolactam business (Europe, North America, its 60% stake in DNCC (China) and the caprolactam licensing business), acrylonitrile business and composite resins business including its 75% stake in JDR (China). DSM's 65% stake in the service organization Sitech Services held via its caprolactam and acrylonitrile businesses was also transferred.
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