| Royal DSM N. V. | |
|---|---|
 | |
| Type | Public (Euronext: DSM) |
| Founded | 1902 |
| Headquarters | Heerlen, the Netherlands |
| Key people | Feike Sijbesma, chairman of the managing board |
| Industry | Chemicals |
| Products | Nutritional products Pharma products Performance Materials Polymer Intermediates Base Chemicals and Materials |
| Revenue | ▲ € 8,757 billion (2007) |
| Operating income | ▲ € 823 million (2007) |
| Net income | ▲ € 429 million (2007) |
| Employees | 23,254 |
| Website | www.dsm.com |
DSM (in full Koninklijke DSM N. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands Year 1902 ( MCMII) was a Common year starting on Wednesday (link will display calendar of the Gregorian calendar (or a Common year starting Heerlen ( is a City and a Municipality in the southeastern Netherlands The municipality is the second largest in the province of Limburg. The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" The chemical industry comprises the companies that produce industrial chemicals In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Please update other articles as well to avoid contradiction within Wikipedia e Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses Please update other articles as well to avoid contradiction within Wikipedia e Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. Please update other articles as well to avoid contradiction within Wikipedia e Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Heerlen ( is a City and a Municipality in the southeastern Netherlands The municipality is the second largest in the province of Limburg. V. , or Royal DSM N. V. ) is a multinational chemicals company. The chemical industry comprises the companies that produce industrial chemicals Its headquarters are in Heerlen, the Netherlands. Heerlen ( is a City and a Municipality in the southeastern Netherlands The municipality is the second largest in the province of Limburg. The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands Originally a state-owned coal mining company (Dutch State Mines/De StaatsMijnen), the activities of DSM are now grouped into five clusters: Nutrition, Pharma, Performance Materials, Polymer Intermediates and Base Chemicals and Materials.
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Name
The name DSM is actually derived from the English language, it is the acronym of the translation of the Dutch name; De Nederlandse Staatmijnen translated into Dutch State Mines (DSM). Acronyms, initialisms, and alphabetisms are Abbreviations that are formed using the initial components in a phrase or name This company was regularly in the news in the late 1960s, because of the Dutch government's decision to close all the (state)mines. In 1973, after the last mine was closed, the company decided to carry the acronym as its name.
Company information
DSM’s products and services are used globally in a wide range of markets and applications. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics and electronics, life protection and housing. The company strategy focuses on accelerating profitable and innovative growth of the company’s specialties portfolio. [1] DSM has annual sales of almost EUR 9 billion and employs some 23,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. DSM sells products for mass consumers and not the end users.
History
DSM was established in 1902 as a state coal mining company. Year 1902 ( MCMII) was a Common year starting on Wednesday (link will display calendar of the Gregorian calendar (or a Common year starting Coal mining is the extraction or removal of Coal from the Earth by Mining. Through the years the company focussed not only on mining, but also on the chemical sector. Due to the closure of all the mines and the unemployment that followed, the Dutch government stimulated the chemical plants, to provide jobs for the miners.
In 1989 DSM was privatized, and started its first sale of the company's common shares to public investors. In 2002 the company sold their petrochemical division (the naphtha crackers) to SABIC of Saudi Arabia. SABIC (Saudi Basic Industries Corp is a diversified manufacturing company active in chemicals and intermediates industrial polymers fertilizers and metals Also in 2002, DSM acquired the nutritional products (amongst others vitamins) division of Roche. A vitamin is an Organic compound required as a Nutrient in tiny amounts by an Organism. F Hoffmann–La Roche Ltd is a Swiss global health-care company which operates world-wide under two divisions Pharmaceuticals and Diagnostics. In 2005 NeoResins, the coating resins business of Avecia was purchased.
References
See also
BASF SE () is a German chemical company and the largest chemical company in the worldDapyx Software network: MP3 Explorer | Ebook Manager | Zenithic