DSM has today announced a major improvement package to boost profit
margins of its nutritional products division by €100m, which is
aimed at offsetting costs tied-up with acquiring Roche vitamins in
Dutch chemical group DSM has announced a global partnership with
the United Nations' World Food Programme (WFP) that aims to improve
and increase nutritious food for people in poor countries and
during humanitarian crises.
DSM is taking a two-pronged approach to sustaining profitability
and spurring growth for its Nutritional Products division, as it
reports volume growth for the Nutrition cluster as a whole but
sales on a par with last year due to...
DSM Nutritional Products is expanding distribution of its
olive-derived Hidrox ingredient to Europe, Asia, Latin America and
Africa, aimed at foods related to the Mediterranean lifestyle and
joint health supplements.
The Dutch chemicals group DSM is on course to significantly bolster
its presence as a supplier to China's food industry, with major
investments in ingredient production expected to bear fruit in two
China's dominance of the vitamin C market was confirmed last week
as DSM halted all production of the bulk vitamin in the US, making
its Dalry plant in Scotland the only remaining major plant outside
DSM is to close down production of bulk vitamin C in the US and cut
costs at its plant in Dalry, Scotland, as part of a series of
measures to ease pressure on its vitamin business, reports
DSM has reached an agreement with China's leading pharmaceuticals
group to buy out its stake in a vitamins joint venture,
strengthening the Dutch group's presence on the Chinese market,
reports Dominique Patton.
DSM Food Specialties is hoping to test its new recovery drink on a
team of racing drivers next summer. The trial could lead to a more
long-term involvement with the sport and raise awareness of the
finished product, said the Dutch...
Genomics, a growing area of the biotech landscape, is already
starting to bear fruits for the food industry with the news that
Dutch enzyme company DSM Food Specialities has successfully
designed a way to eliminate the bitter taste...
Netherlands-based DSM and the world's second vitamin maker Roche
have received permission from the Federal Trade Commission to go
ahead with the Roche Vitamins deal. Final transfer of the business
to DSM is expected at the end...
By all accounts DSM presented a less than rosy set of second
quarterly figures this week with sales and operating profit figures
both plummeting. The company predicts a further downward trend in
the third quarter but should rebound...
Dutch speciality chemicals company DSM continues on its steady path
to growth with the announcement today that operating profit for
2002 reached €383 million, a 14 per cent rise on 2001, thanks in
part to 6 per cent autonomous volume...