L R AS Published on Saturday 3 October 2020 - n° 334 - Categories:accord-cooperation-redemption

DSM sells solar glass coating products to Covestro

DSM of the Netherlands sold its resins and functional materials business, which includes anti-reflective and dirt-repellent solar glass coating products, to Germany's Covestro. DSM retains

the bottom sheets of panels. The activity sold represents sales of €1,012 million in 2019, with gross operating profit of €133 million.

The disposal is based on a net price of €1.4 billion.

https://www.pv-magazine.com/2020/10/01/dsm-exits-coatings-business-in-e1-6bn-deal/

The company of the 1st of October

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