HEERLEN, THE NETHERLANDS—DSM NV will boost its annual capacity for nylon 6 resin production by replacing a plant in Emmen, the Netherlands, while eliminating 125 jobs.
The new plant will cost 200 million Dutch guilders ($98 million) and is due to begin operating in 2000, the company said. The plant will replace DSM's existing, 165 million-pound-per-year facility in Emmen.
The Heerlen-based company is building a similar polymerization plant for nylon 6 at its site in Augusta, Ga.
A company spokesman said the new unit in Europe will allow the firm to trim 125 jobs at the Emmen site, which now employs 500.
In other news, DSM has opened a sales office in Istanbul to capitalize on rapid economic growth and expanding markets in Turkey and its neighboring countries. The company's annual sales in Turkey currently stand at nearly $50 million.