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Royal DSM and Neste have formed a strategic partnership under which DSM Engineering Materials will replace a significant portion of fossil feedstock with biobased and waste plastic-derived hydrocarbons from Neste for the production of high-performance engineering resins.
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.