DSM reports fire in utilities building in Sisseln (CH)
July 02 2014 - 2:15AM
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
This
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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
HUG#1810833
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