Memorandum of understanding (MOU) was signed in Amsterdam this month in front of President Putin and Prime Minister Rutte.
DSM and Rostec will explore collaborations in the “field of conversion of cellulosic biomass from forestry and agriculture to fermentable sugars for the production of biofuels and/or biobased chemicals” and the manufacturing of bio-based products. Both companies will also work towards increasing the performance of Russia’s optical fiber networks using DSM’s UV-curable resins optical fiber materials. This MOU aligns with DSM’s main businesses in Russia, which include food and feed ingredients, biotechnology, fiber materials, and engineering plastics.
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