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2011. október 4., kedd 09:14 |
New leading styrenics supplier starts operations |
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Ludwigshafen, October 4th 2011 (APA/OTS) - On October 1st, 2011
Styrolution officially started operating as an independent company,
following the approval of the relevant antitrust authorities. The
new company is a 50:50 joint venture between BASF and INEOS,
comprising the key styrenics activities of the two partners.
Styrolution is the world's leading styrenics supplier. |
Styrolution is the only one of the key players dedicated entirely to
styrenics, and a strong leader in the market. It holds global number
one positions in styrene monomer (SM), polystyrene (PS),
styrene-butadiene block copolymers (SBC), other styrene-based
copolymers (SAN, AMSAN, ASA, MABS) and copolymer blends, and a
number two position in acrylonitrile butadiene styrene (ABS).
Giving customers a competitive edge in their markets Says
Styrolution's CEO Roberto Gualdoni: "Using different business models
to serve the different needs of the commodity and specialty
styrenics markets, we are determined to give our customers a
competitive edge. Our highly professional and passionate team around
the world works diligently to deliver the best and most efficient
solutions to drive the success of our customers - with fast and
reliable supply, the highest product quality and consistency,
constant innovation, and a professional service. This is in our
corporate DNA and is reflected in our company name, which is a
combination of the words 'styrenics' and 'solution'. Our objective
as a company is to be and remain a strong leader in our markets
globally, and we are excellently positioned for profitable growth
and long-term success." Global presence and industry-benchmark manufacturing sites With its
global and regional headquarters in Frankfurt, Germany and regional
headquarters in Channahon (USA) and Singapore, Styrolution has a
global market presence, which allows it to always be close to its
customers and to serve their needs in the best possible way. The
company employs around 3,400 people, and its 17 manufacturing sites
across ten countries represent industry benchmarks and are among the
most efficient in the world. With best-in-class production
technology, leading R&D skills and strong IP and patents positions,
Styrolution is perfectly equipped to ensure top quality, efficiency
and innovation.
ABOUT STYROLUTION Styrolution is the leading global styrenics supplier with a focus on
styrene monomer, polystyrene, copolymers, and ABS. As a joint
venture of BASF and INEOS, Styrolution combines the key styrenics
assets of two of the biggest chemical companies in the world - with
more than 70 years of experience, complementary competencies and
portfolios. Styrolution strives to serve the success of its
customers by offering them the best possible solution, designed to
give them a competitive edge in their markets. The company provides
styrenics applications for many everyday products across a broad
range of industries, including automotive, electrical/electronics,
building and construction, household appliances,
toys/sports/leisure, packaging, healthcare and diagnostics. In 2010,
pro forma combined sales were at 6.4 billion euros, resulting in an
EBITDA before exceptionals of 407 million euros. Styrolution employs
about 3,400 people at 17 sites in ten countries.
Further information on Styrolution is available at
www.styrolution.com
Note: Printable Images of the Styrolution logo and the CEO Roberto
Gualdoni can be downloaded in the newsroom at www.styrolution.com
CONTACT Christine Schönfelder Head of Corporate Communications, Investor Relations and Change
Management
Styrolution Group GmbH KS/K - H201 67056 Ludwigshafen Germany Phone: +49 621 60-45375 Email: christine.schoenfelder@styrolution.com Internet: www.styrolution.com
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