DSM Elastomers back in profit in 2004

By Liz White, ERJ staff
Heerlen, the Netherlands-DSM’s elastomers business is back in profit. “Having posted an operating loss in the previous year, DSM Elastomers succeeded in closing last year on an operating profit,” the group’s annual results statement said.

“Demand for EPDM rubber picked up again in 2004,” and despite surging raw material prices, “we were able to pass on the price rises to our customers.” DMS Elastomers said. “Margins improved in all regions,” and this, combined with results of restructuring, “resulted in a sharp improvement…

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