DSM WITH ORYXE ENERGY

Following the share interest DSM Venturing took in ORYXE Energy in May of this year, DSM's corporate venturing unit announced today that it has invested an additional $1 million in this start-up, following achievements in product marketing and development of future products. The investment was part of a financing round, in which other existing shareholders also participated. ORYXE Energy will use this money for the continued development of their innovative additive technologies that significantly reduce toxic emissions from conventional and reformulated fossil fuels.

DSM and ORYXE Energy further substantiated their cooperation by signing an agreement on collaboration in future R&D activities, based on DSM's performance materials knowledge and ORYXE Energy's application experience in combustion. Jointly, the companies will explore opportunities in DSM's strategic growth fields.
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