Borealis acquires DEXPlastomers

Borealis, a leading provider of polyolefins, base chemicals and fertilizers, announced the acquisition of DEXPlastomers in Geleen (The Netherlands) from DSM Nederland and ExxonMobil Benelux.
Until March 4, DEXPlastomers was a 50/50 joint venture ultimately owned by Royal DSM and ExxonMobil Chemical Company. The site is located in the Chemelot industrial park, 50 km away from the Borealis site in Beringen (Belgium). Approximately 100 employees will be transferred to Borealis Plastomers (formerly DSM Plastomers) and other Borealis group companies outside The Netherlands.
The products manufactured in Geleen are specialty products, complementary to Borealis' current innovative plastic solutions.