DSM spreads out in Turkey

DSM Composite Resins, through its subsidiary Euroresins Kompozit Ürünler (also known as Euroresins Turkey, ERT) has outlined its future growth plans for Turkey which include closer cooperation with Turkish company Dyo Boya Fabrikalari Sanayi (DYO). The arrangement, through which DSM will obtain a local source of supply of its standard resins in the Turkish polyester market, also involves a transfer of DYO's existing UPR business to ERT. The entire deal should be completed by end of June.