Covestro: Acquisition of sustainable coating resins business from DSM
On 30 September 2020, Covestro signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. According to Covestro, by expanding its portfolio in the attractive growth market for sustainable coating resins, the company is taking a significant step in its long-term corporate strategy to strengthen its sustainable and innovation-driven businesses.