WCA July 2007

Industry News

New president for DSM China Wei-Ming Jiang, currently senior vice president Strategic Projects Asia at DSM’s Corporate Planning Department, was appointed president DSM China on 1 st May. He succeeds Stefan Sommer, who will continue his assignment as strategic advisor to DSM’s Managing Board. The appointment of Wei-Ming Jiang underlines the strategic importance DSM attaches to China as an emerging market. “Increasing our presence in emerging economies is a key driver of our Vision 2010 strategy,” said Jan Zuidam, deputy chairman of DSM’s Managing Board. “For China our target is to achieve sales of more than US$1 billion by 2010, which represents a doubling compared to 2005. I would like to thank Stefan Sommer for his valuable contribution to the fast development of DSM China. The appointment of Wei-Ming Jiang shows DSM’s ongoing commitment to China and underlines our firm belief that China will contribute significantly to our Vision 2010 ambitions.” Before he joined DSM, Mr Jiang worked for Novozymes for 15 years in several management positions in Asia-Pacific and China. He was actively involved in the development of a biotech-industry platform in China. He also contributed to an increased awareness and implementation of sustainable entrepreneurship in China, amongst other things in his capacity as vice-chairman of the China Business Council for Sustainable Development, a position which he will continue to fulfil as president of DSM China.

Sale of Lati USA plant Lati USA Inc has completed its North American market re- organisation through the sale of the facility located in Deming Way, Summerville, South Carolina, to the company Force Protection Technologies Inc. Lati USA will continue commercial activity across the North American market, distributing its materials from the plants of its parent company based in northern Italy. The new office is now in Mount Pleasant, South Carolina. The company will focus its sales on high range compounds, special and high performance products.

Lati USA Inc – USA Fax : +1 843 881 8352 Email : info@us.lati.com

Lati Industria Termoplastici SpA – Italy Fax : +39 0332 409 307 Email : info@lati.com Website : www.lati.com

DSM China Ltd – China

Fax : +86 10 6530 9282 Website : www.dsm.com

Email : china.communications@dsm.com

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Wire & Cable ASIA – July/August 2007