DSM has decided to build a new factory for waterborne coating resins, which will produce polyurethane dispersions to be marketed by DSM Coating Resins and DSM NeoResins. Production will come on stream mid 2007. The total investment costs are approximately €20 million. The new factory will be built at DSM Coating Resins' existing production site in Meppen, Germany, which produces mainly specialty products including saturated polyesters, epoxy esters and polyurethane resins. The new factory will, amongst other things, produce the specialty polyurethane dispersions that DSM acquired from Hüttenes Albertus Lackrohstoffe in 2004.