The Big Decision: Exit Petrochemicals?

Jean-Pierre Jeannet and Hein Schreuder

Chapter 11 in From Coal to Biotech, 2015, pp 197-215 from Springer

Abstract: Abstract The existential question remained for DSM whether it could and should exit the Commodity Chemical activities which caused the volatility of results and depressed the share price. This question was addressed in 2000 with respect to the large Petrochemical activities. With its decision to exit the Petrochemical activities and with its subsequent acquisition of the Vitamins business of Roche, the company took two very large steps in its transformation process within a few years. The chapter reflects on the way DSM switched from exploration to exploitation of its new strategic repertoire and pathway. It also introduces the concept of ‘strategic learning cycles’ as the motor of evolutionary change. This perspective is further elaborated in Chap. 13 .

Keywords: Private Equity; Performance Material; Manage Board; Unrelated Diversification; Auction Process (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-46299-7_11

Ordering information: This item can be ordered from
http://www.springer.com/9783662462997

DOI: 10.1007/978-3-662-46299-7_11

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().