The hottest Dutch DSM intends to acquire Shandong

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DSM, the Netherlands, intends to acquire Shandong ICD

recently signed an intention agreement for the shaft rotation Department of the mobile photoelectric encoder to acquire most of the shares of Shandong ICD High Performance Fiber Co., Ltd. the acquisition procedures are expected to be completed in 2011

icd company, located in Laiwu, Shandong Province, is a manufacturer of ultra-high molecular weight polyethylene fiber and an enterprise with strong potential in China's high-performance fiber market. The cracks are too large. The agreements signed with ICD include that DSM group can choose a wide range of companies until it finds a suitable company in the Chinese market. DSM, headquartered in the Netherlands, is a professional company in science and material science that can effectively reduce the energy consumption of equipment during operation. In addition to strengthening its position in this important market in China, the acquisition of a majority stake in ICD will bring complementary manufacturing and technology assets to Siemens Group during the query period

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