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RDSMY Royal DSM NV (QX)

33.85
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal DSM NV (QX) USOTC:RDSMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 33.85 24.85 34.78 0.00 01:00:00

DSM reports fire in utilities building in Sisseln (CH)

02/07/2014 7:15am

GlobeNewswire


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.

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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



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DSM N.V. via Globenewswire

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