DSM evaluating future of SBR business

GELEEN, Netherlands (Feb. 21)—Dutch chemicals and pharmaceuticals producer DSM N.V. is evaluating the future of its emulsion styrene-butadiene rubber business. Preparations for the rationalization measures began last year, the Dutch chemicals group said in its 2001 annual report. At the same time, DSM Elastomers revealed it will carry out a restructuring and cost-reduction program to improve the competitiveness of its EPDM, thermoplastic vulcanizates and oil additives manufacturing operations. The company did not give details of the facilities involved. For fiscal 2001, DSM Elastomers reported a 15-percent drop in sales, to $467.8 million, and a decreased operating profit. The drop in sales reflects to a degree the repositioning of the SBR business into the firm's Venturing & Business Development unit in January 2001. DSM's SBR business—originally Copolymer Corp.—is located in Baton Rouge, La.