The company was established in 1902. It has more than century-old experience in innovation and reinvention. DSM made the right acquisitions and investments at the right time to make it a leader in nutrition, health and materials worldwide.
Working at DSM is exciting and rewarding for its 22,000 employees. The company’s involvement in emerging businesses has afforded these new workers with new technologies, new opportunities, new challenges and new materials.
The company’s net sales are reported at €9 billion per year. The number is expected to grow in the next few years since new applications and products are introduced to the market from year to year. Over the last five years for instance, the company’s product portfolio increased from 12% to 20%. As the overall portfolio diversifies, the company expects that by 2015, it can provide the products that do not exist today.
DSM understands the role of R&D in all its innovations. For its part, the company has set up R&D centers in strategic locations such as India, China and The Netherlands. These R&D centers are tasked to feed knowledge to its desire for innovations. That’s why for DSM, more innovations are yet to come.
In addition to R&D, DSM is also hunting potential collaborators and partners to help them look beyond the four corners of their chosen markets. This strategy is part of the company’s open innovation policy which includes licensing, venturing and intellectual property policy.