DSM opens service center in Hyderabad

By Satnam Singh
Correspondent

Published: December 5, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

HYDERABAD, INDIA (Dec. 5, 9:50 a.m. ET) — Royal DSM NV has opened a shared services center in Hyderabad to support all its global business units.

The Dutch company has operations in engineering plastics, pharmaceuticals and nutrition. The company said it plans to triple its sales in India over the next three years, from a current level of $200 million annually.

The center will initially manage back-office finance and accounting activities and later expand into services like transactional procurement, human resources and IT.

The facility started operations with 75 employees and will increase the headcount to 250 in the next three years.

Earlier this year DSM moved its engineering plastics global headquarters to Singapore. DSM Engineering Plastics has major operations in Evansville, Ind., and Sittard, the Netherlands.


Comments

DSM opens service center in Hyderabad

By Satnam Singh
Correspondent

Published: December 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Huntsman closing four pigment plants

March 5, 2015 3:36 pm ET

Huntsman Corp. is closing four plants — three in the U.S. and one in Germany — that make pigments for plastics and other markets.    More

Image

Mold maker Moldworx building in Arizona to bring in more molding

March 5, 2015 10:13 am ET

Moldworx LLC has begun leasing more space in Gilbert, Ariz., to allow it to grow its injection molding business.    More

Image

Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per...    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Image

Best Places To Work: No. 7, CMD Corp.

March 4, 2015 12:27 pm ET

There's a lot of innovating going on at the No. 7 company on Plastics News' Best Places to Work ranking.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events