A major contributor to this article appears to have a close connection with its subject.(December 2011) |
Type | Subcompany of INEOS |
---|---|
Industry | Chemicals |
Number of locations | Frankfurt am Main, Germany (global and European headquarters), Aurora, Illinois, United States (regional headquarters Americas), Singapore (regional headquarters Asia-Pacific) |
Key people | Kevin McQuade (Chairman), Steve Harrington (CEO), Markus Fieseler (CFO), Alexander Glück (President, EMEA), Greg Fordyce (President, Americas), Pierre Minguet (President Operations) |
Products | Styrenics |
Revenue | €6.0 billion (sales 2021) |
Number of employees | 3,100 (2022) |
Website | www.ineos-styrolution.com |
INEOS Styrolution is a global styrenics supplier and is headquartered in Germany. It is a subcompany of INEOS and provides styrenics applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure.
Styrolution employs around 3,100 people. The global and European headquarters is situated in Frankfurt am Main, Germany, regional headquarters are located in Aurora, Illinois (United States) and Singapore. [1] Styrolution operates 16 manufacturing sites across nine countries: [2] Germany (Ludwigshafen, Schwarzheide, Cologne), Belgium (Antwerp), China (Foshan, Ningbo), France (Wingles), Korea (Ulsan, Yeosu), Thailand (Map Ta Phut), the United States (Channahon, Decatur, Texas City, Bayport), Canada (Sarnia) and Mexico (Altamira).
Styrolution offers various styrenics commodity and specialty product types, i.e. styrene monomer (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC), other styrene-based copolymers (SAN, AMSAN, ASA, MABS), and copolymer blends. Styrenics are thermoplastics.
Styrene monomer (SM) is an intermediate product. It is a colorless liquid that polymerizes easily.
Polystyrene (PS) is a thermoplastic resin that is used in many applications, such as disposable packaging, electronic devices, large appliances (for example in refrigeration liners) and household goods.
Acrylonitrile butadiene styrene (ABS) is a thermoplastic resin, used primarily in colored products that need to be heat and impact-resistant, such as vacuum cleaners or power tools. It is also commonly found in vehicles, mobile phone housings and recreational goods.
Styrene-butadiene block copolymer (SBC) is a thermoplastic resin that is transparent and impact-resistant. It is used to provide a high optical appearance and is mostly found in food and display packaging.
Styrene-based copolymers (SAN, AMSAN, ASA, MABS) and blends (ABS/PA, ASA/PA, ASA/PC) are thermoplastic resins that are mainly used in various technical applications, such as vehicles, garden equipment, tools, appliances, consumer electronics, communications devices and computers.
Styrolution was founded in October 2011 as a 50-50 joint venture between BASF and INEOS. It has more than 85 years of experience in the styrenics industry.
April 8, 2011: The formation of the joint venture is approved by the U.S. Federal Trade Commission (FTC) without any remedies. [3]
May 12, 2011: Styrolution places a 480 million Euro bond due 2016 on the capital market. [4]
May 27, 2011: BASF and INEOS sign a joint venture contract, which regulates the formation of the joint venture company Styrolution.
June 1, 2011: The EU Commission approves the formation of the joint venture Styrolution. It gives its approval subject to the requirement that the parties sell an ABS production site in Tarragona, Spain. This site accounted for less than 3% of Styrolution’s pro forma EBITDA before exceptionals for the year 2010. [5]
October 1, 2011: Styrolution officially starts operating as an independent company, following the approval of the relevant antitrust authorities.
November 30, 2011: BASF and INEOS sign a letter of intent for a joint venture combining their key styrenics assets.
June 30, 2014: Joint statement that INEOS takes over the 50% stake of BASF SE for a purchase price of €1.1bn. [6] [7]
November 17, 2014: Styrolution becomes wholly owned by INEOS.
January 18, 2016: To embrace its place in the INEOS family of companies, Styrolution announces that it has changed its company name to INEOS Styrolution. [8] [9]
February 1, 2022: It was announced that INEOS Styrolution had concluded a joint agreement for Ensinger to acquire its StyLight thermoplastic composite materials business. [10]
Petrochemicals are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane.
Polystyrene (PS) is a synthetic polymer made from monomers of the aromatic hydrocarbon styrene. Polystyrene can be solid or foamed. General-purpose polystyrene is clear, hard, and brittle. It is an inexpensive resin per unit weight. It is a poor barrier to oxygen and water vapour and has a relatively low melting point. Polystyrene is one of the most widely used plastics, the scale of its production being several million tonnes per year. Polystyrene can be naturally transparent, but can be colored with colorants. Uses include protective packaging, containers, lids, bottles, trays, tumblers, disposable cutlery, in the making of models, and as an alternative material for phonograph records.
BASF SE is a European multinational chemical company and the largest chemical producer in the world. Its headquarters are located in Ludwigshafen, Germany.
A thermoplastic, or thermosoft plastic, is any plastic polymer material that becomes pliable or moldable at a certain elevated temperature and solidifies upon cooling.
Acrylonitrile butadiene styrene (ABS) (chemical formula (C8H8)x·(C4H6)y·(C3H3N)z ) is a common thermoplastic polymer. Its glass transition temperature is approximately 105 °C (221 °F). ABS is amorphous and therefore has no true melting point.
Polyacrylonitrile (PAN), also known as polyvinyl cyanide and Creslan 61, is a synthetic, semicrystalline organic polymer resin, with the linear formula (C3H3N)n. Though it is thermoplastic, it does not melt under normal conditions. It degrades before melting. It melts above 300 °C if the heating rates are 50 degrees per minute or above. Almost all PAN resins are copolymers made from mixtures of monomers with acrylonitrile as the main monomer. It is a versatile polymer used to produce large variety of products including ultra filtration membranes, hollow fibers for reverse osmosis, fibers for textiles, and oxidized PAN fibers. PAN fibers are the chemical precursor of very high-quality carbon fiber. PAN is first thermally oxidized in air at 230 °C to form an oxidized PAN fiber and then carbonized above 1000 °C in inert atmosphere to make carbon fibers found in a variety of both high-tech and common daily applications such as civil and military aircraft primary and secondary structures, missiles, solid propellant rocket motors, pressure vessels, fishing rods, tennis rackets and bicycle frames. It is a component repeat unit in several important copolymers, such as styrene-acrylonitrile (SAN) and acrylonitrile butadiene styrene (ABS) plastic.
In polymer chemistry, a copolymer is a polymer derived from more than one species of monomer. The polymerization of monomers into copolymers is called copolymerization. Copolymers obtained from the copolymerization of two monomer species are sometimes called bipolymers. Those obtained from three and four monomers are called terpolymers and quaterpolymers, respectively. Copolymers can be characterized by a variety of techniques such as NMR spectroscopy and size-exclusion chromatography to determine the molecular size, weight, properties, and composition of the material.
Polybutadiene [butadiene rubber BR] is a synthetic rubber. Polybutadiene rubber is a polymer formed from the polymerization of the monomer 1,3-butadiene. Polybutadiene has a high resistance to wear and is used especially in the manufacture of tires, which consumes about 70% of the production. Another 25% is used as an additive to improve the toughness of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene rubber accounted for about a quarter of total global consumption of synthetic rubbers in 2012. It is also used to manufacture golf balls, various elastic objects and to coat or encapsulate electronic assemblies, offering high electrical resistivity.
Engineering plastics are a group of plastic materials that have better mechanical and/or thermal properties than the more widely used commodity plastics.
Kraton is the trade name given to a number of high-performance elastomers manufactured by Kraton Polymers, and used as synthetic replacements for rubber. Kraton polymers offer many of the properties of natural rubber, such as flexibility, high traction, and sealing abilities, but with increased resistance to heat, weathering, and chemicals.
Thermoplastic elastomers (TPE), sometimes referred to as thermoplastic rubbers, are a class of copolymers or a physical mix of polymers that consist of materials with both thermoplastic and elastomeric properties. While most elastomers are thermosets, thermoplastics are in contrast relatively easy to use in manufacturing, for example, by injection moulding. Thermoplastic elastomers show advantages typical of both rubbery materials and plastic materials. The benefit of using thermoplastic elastomers is the ability to stretch to moderate elongations and return to its near original shape creating a longer life and better physical range than other materials. The principal difference between thermoset elastomers and thermoplastic elastomers is the type of cross-linking bond in their structures. In fact, crosslinking is a critical structural factor which imparts high elastic properties.
In materials science, a polymer blend, or polymer mixture, is a member of a class of materials analogous to metal alloys, in which at least two polymers are blended together to create a new material with different physical properties.
Styrene acrylonitrile resin is a copolymer plastic consisting of styrene and acrylonitrile. It is also known as SAN. It is widely used in place of polystyrene owing to its greater thermal resistance. The chains of between 70 and 80% by weight styrene and 20 to 30% acrylonitrile. Larger acrylonitrile content improves mechanical properties and chemical resistance, but also adds a yellow tint to the normally transparent plastic.
A. Schulman was an American supplier of plastic compounding products, color concentrates, and additives before its acquisition by LyondellBasell in 2018.
Rubber toughening is a process in which rubber nanoparticles are interspersed within a polymer matrix to increase the mechanical robustness, or toughness, of the material. By "toughening" a polymer it is meant that the ability of the polymeric substance to absorb energy and plastically deform without fracture is increased. Considering the significant advantages in mechanical properties that rubber toughening offers, most major thermoplastics are available in rubber-toughened versions; for many engineering applications, material toughness is a deciding factor in final material selection.
Kumho Petrochemical Co., Ltd. is a multinational chemical company based in South Korea, with headquarters in Seoul. It was founded in 1970 when Kumho Group struggled to secure raw materials for its bus and tire businesses. Kumho Petrochemical has a global market leadership in the manufacturing of synthetic rubbers with the world's largest production capacity based on SBR and BR by IISRP 2012. It focuses on synthetic rubbers, synthetic resins, specialty chemicals, electronic chemicals, energy, building materials and advanced materials as its core business.
Trinseo is a company focusing particularly on the manufacture of plastics and latex binders. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.”
Acrylonitrile styrene acrylate (ASA), also called acrylic styrene acrylonitrile, is an amorphous thermoplastic developed as an alternative to acrylonitrile butadiene styrene (ABS), but with improved weather resistance, and is widely used in the automotive industry. It is an acrylate rubber-modified styrene acrylonitrile copolymer. It is used for general prototyping in 3D printing, where its UV resistance and mechanical properties make it an excellent material for use in fused deposition modelling printers.
Kaneka Corporation is a Japanese international chemical manufacturing company based in Osaka. The company was founded in 1949 and produces chemical products such as functional resin, foam resin, and synthetic fibers.
The Ensinger Group is engaged in the development and manufacture of compounds, semi-finished products, technical parts, composite materials and profiles made of engineering and high-performance plastics. The family-owned enterprise is represented in major industrial regions with manufacturing facilities or sales offices. The main office is located in Nufringen/Baden-Württemberg, Germany.