DSM Integrated Annual Report 2021

About DSM Materials

Our Materials cluster comprises DSM Engineering Materials and DSM Protective Materials. The cluster produces a high-quality portfolio of specialty materials for global end-markets including electrical components and electronics, automotive, food packaging, medical, personal protection, commercial marine, and apparel. Through our advanced and sustainable solutions, we are meeting demand for safer materials, greater efficiency and improved environmental performance.

Sale of DSM Resins & Functional Materials

In 2021, we completed the sale of our Resins & Functional Materials and associated businesses to the specialty materials player Covestro AG.

Review of strategic options for our Materials businesses

In September, we announced the acceleration of our strategic journey to become a focused Health, Nutrition & Bioscience company. As a result, 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. In this context, we initiated a review of strategic options for our Materials businesses, including a possible change of ownership. The Materials businesses will therefore be managed largely on a stand-alone basis.

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.