HEERLEN, the Netherlands - Royal DSM N.V. has announced the acquisition of the U.S.-based company Soluol, a developer, producer and marketer of high-performance urethane resins. Financial details of the transaction were not disclosed.

The acquisition of Soluol enhances DSM’s specialty-resins presence in North America and adds new technology as well as a production facility in Rhode Island. The acquired company will be grouped under the DSM NeoResins+ business unit, part of the DSM Resins business group.