DSM Reorganizes Coating Resins Businesses

ZWOLLE, The Netherlands - DSM announced reorganization plans that will see its DSM Powder Coating Resins and DSM NeoResins+ business units merged into a single new unit, DSM Coating Resins.
In the restructuring towards one coating resins unit, a subdivision will be made based on different market dynamics, which will be reflected in the organizational approach for these subdivisions. The new setup is designed to help DSM effectively and efficiently grow its position as a leading specialty resins supplier for the coatings industry.
DSM Coating Resins will be headed by Patrick Niels, currently Business Unit Director of the Powder Coating Resins unit, and will be led from Zwolle, the Netherlands. Steve Hartig, currently Business Unit Director of DSM NeoResins+, will move to lead another unit within DSM. The changes will go into effect April 1, 2011.