Friday, December 28, 2007

DSM Venturing invests in Novomer Inc.

DSM Venturing, the corporate venturing unit of Royal DSM N.V., has invested in a stake in Novomer Inc. for an undisclosed amount. The companies also plan to sign a cooperation agreement. Both the investment and cooperation agreement will support DSM's plans to develop bio-based performance polymers to meet customers' growing needs for improved materials performance and environmental benefits at competitive costs.

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