ELGIN, IL – DSM is expanding its innovation activities in the area of formulated coatings and composites with the formation of a DSM Functional Materials Business Unit. DSM Functional Materials will focus on market trends pointing toward more environmentally friendly and lighter-weight materials. It will continue its leadership in UV-curable materials with a strong focus on Asia and other high-growth economies. The new business unit will also target additional high-growth areas for its innovation efforts, including functional coatings and materials for solar applications, functional wood coatings, and composite materials.