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    Home > Chemicals Industry > Rubber Plastic News > Net profit of 858 million euros!

    Net profit of 858 million euros!

    • Last Update: 2023-01-25
    • Source: Internet
    • Author: User
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    On February 17, 2022, Royal DSM of the Netherlands (Royal DSM) released its fiscal year 2021 performance report
    .
    The report showed that group sales rose 14% and adjusted EBITDA rose 18%

    .
    Adjusted net profit rose 21 percent to 858 million euros

    .
    Among them, DSM's sales in the nutrition field increased by 10%, and organic sales increased by 8%; sales in the materials field increased by 27%, and organic sales increased by 28%

    .

    The picture shows DSM China Park (the picture comes from Baidu Encyclopedia)

    Geraldine Matchett and Dimitri de Vreeze, Co-CEOs of Royal DSM, said: "Due to our continued success in responding to the dynamic changing market environment brought on by issues such as disruptions in global supply chains and logistics, we have DSM 's Nutrition and Materials businesses have shown solid performance results
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    In the future, DSM is well positioned to have a portfolio of innovative products, including sustainability-focused solutions such as the methane-reducing feed additive Bovaer® with Considerable growth potential

    .
    "

    Adjust strategic deployment to accelerate business transformation

    Adjust strategic deployment to accelerate business transformation

    In September 2021, DSM announced to accelerate the process of strategic transformation.
    The restructured business consists of three business groups and innovative businesses: Animal Nutrition and Health, Human Nutrition and Care, and Food Nutrition and Technology

    .
    The new architecture enables DSM to leverage its scientific knowledge to continuously expand its portfolio of health and nutrition solutions, as well as advanced digital and bioscience technologies

    .

    In order to integrate the advantages of all parties to improve the level of science and technology, DSM completed a series of acquisitions in 2021, including Amyris's flavor and fragrance bio-based intermediates business, Midori, a biotechnology start-up that develops targeted health products for animals, and dairy products.
    First Choice Ingredients, a supplier of savory flavourings, helps DSM reach a wider range of food and beverages, including plant-based alternatives

    .

    In addition, DSM announced in September 2021 that the company is considering strategic options for its materials business, including the possibility of a change of ownership
    .
    From January 1, 2022, these high-quality businesses will primarily be managed independently and maintain their existing growth strategies through further expansion of bio-based and circular economy solutions, thanks to the commitment to materials that protect the health of people and the planet DSM's innovation and business development will also focus on this growing demand

    .

    Practicing sustainable development and reducing carbon emissions

    Practicing sustainable development and reducing carbon emissions

    DSM's business operations are continuously optimized, including reducing emissions and increasing the use of renewable energy, thereby continuously improving safety standards
    .
    Throughout 2021, DSM has made significant progress in managing its environmental footprint, and in August announced an accelerated achievement of its greenhouse gas (GHG) Scope 1 and 2 emissions reduction targets: the company aims to achieve 2030 Greenhouse gas emissions reduced to 50% of 2016 emissions (23% in 2021); indirect value chain emissions per ton of product reduced by 28% (8% in 2021), renewable energy purchases reached total electricity purchases 75% (72% achieved in 2021) and 1% annual increase in energy efficiency (6% in 2021)

    .

    DSM's climate targets, reviewed and approved by the Science Based Target initiative, provide a strong roadmap for achieving net-zero emissions in line with the Paris Climate Agreement by 2050
    .

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