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Advent International and LANXESS AG announced the future global business structure and designated management team for their planned High Performance Engineering Materials joint venture, which will combine DSM Engineering Materials and LANXESS High-Performance Materials. The JV will have a head office near Düsseldorf, Germany, and existing locations in Geleen, Netherlands, and Dormagen, Germany.
“The joint venture will comprise three global business divisions, including Performance Materials, Specialty Materials and Intermediates, and expects to establish a small head office around Düsseldorf (Germany).”lanxess.com
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