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Third DSM Desotech plant in three years

26 January 2001

DSM Desotech Inc., a world leader in the development and supply of UV-curable materials, is expanding its operations with a new manufacturing facility in Stanley, North Carolina. The facility is to be located in an existing building purchased by DSM Desotech. Scheduled to begin operations in January 2002, the roughly EUR 35 million investment marks the third new production facility for DSM Desotech in three years, following the 1999 opening of a plant in Hoek van Holland, the Netherlands, and the construction of a new facility in Tsukuba, Japan, in 2000. Japan Fine Coatings in Tsukuba is part of a 50/50 joint venture with JSR. The Stanley facility will absorb DSM Desotech's present operation in Charlotte, NC, and will be expanded and equipped for the production of fiber optic coating materials and other specialty UV-curable materials including hardcoats, CD lacquers, DVD bonding adhesives and rapid prototyping resins. In addition to the relocation of its Charlotte personnel, more than 35 new jobs will be created locally, totaling a staff of approximately 70.