DSM Integrated Annual Report 2021

Our focus in Materials

Following the sale of our Resins & Functional Materials businesses to Covestro AG, our Materials activities now consist of DSM Engineering Materials and DSM Protective Materials. These are both high-quality businesses with a strong growth and earnings potential.

In view of our accelerated strategic journey to become a focused Health, Nutrition & Bioscience company, these two excellent Materials businesses may not be able to achieve their full potential in driving the important industrial shift to a bio-based and circular economy under our ownership. Going forward, the Materials Business Groups will therefore be managed largely on a stand-alone basis. We are reviewing strategic options for both Materials businesses, including a possible change of ownership.

Meanwhile, we will continue to develop our high-growth and high-margin specialty Materials businesses. These focus on three growth platforms: Improved Health & Living, Green Products & Applications, and New Mobility & Connectivity.

Circular economy
Circular economy refers to an economy that is restorative and in which materials flows are of two types: biological nutrients, designed to re-enter the biosphere safely, and technical nutrients, which are designed to circulate at high quality without entering the biosphere throughout their entire lifecycle.