DSM reports fire in utilities building in Sisseln (CH)
July 02 2014 - 2:20AM
Royal DSM, the global Life Sciences and
Materials Sciences company, today
reports a fire at a utilities building of one of its
intermediates production plants in Sisseln, Switzerland, which
occurred about a week ago. There was only equipment damage; at no
time has there been any impact on personal safety, the environment
or public health. The production of a few intermediates, mainly for
Animal Nutrition & Health, has been interrupted. Impact to
customers is expected to be minimal.
The majority of the estimated impact of €20-25 million is
covered by insurance. An amount of €15 million will be covered by
DSM Insurances' captive insurance and will be recognized as part of
Corporate Activities in DSM's Q2 results due to be published on 5
August 2014.
DSM - Bright Science. Brighter Living.(TM)
Royal DSM is a global science-based company active in health,
nutrition and materials. By connecting its unique competences in
Life Sciences and Materials Sciences DSM is driving economic
prosperity, environmental progress and social advances to create
sustainable value for all stakeholders simultaneously. DSM delivers
innovative solutions that nourish, protect and improve performance
in global markets such as food and dietary supplements, personal
care, feed, medical devices, automotive, paints, electrical and
electronics, life protection, alternative energy and bio-based
materials. DSM's 24,500 employees deliver annual net sales of
around €10 billion. The company is listed on NYSE Euronext. More
information can be found at www.dsm.com.
Or find us on:
For more
information:
DSM Corporate
Communications Herman Betten
tel.+31(0)455782017
e-mail media.contacts@dsm.com |
DSM Investor
Relations Dave Huizing tel. +31 (0) 45 5782864
email investor.relations@dsm.com |
Press release-pdf
http://hugin.info/130663/R/1810833/625300.pdf
HUG#1810833
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