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), John van Oorschot (CFO), Rob Buntinx (President, EMEA), Greg Fordyce (President, Americas), Jui Seng Tay (President APAC), Pierre Minguet (President Operations)
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 offers various styrenics commodity and specialty product types, i.e. styrenemonomer (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. Product trade names include Novodur®, Terluran®, and Lustran (ABS); Terlux® (MABS); and Luran® (acrylonitrile styrene acrylate).[3]
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.
Corporate history
Styrolution was founded in October 2011 as a 50-50 joint venture between BASF and INEOS. [4] Styrolution officially started operating as an independent company following the approval of the relevant antitrust authorities. In 2014, a joint statement announced that INEOS would take over the 50% stake of BASF SE for a purchase price of €1.1bn.[5][6] In February 2022, it was announced that INEOS Styrolution had concluded a joint agreement for Ensinger to acquire its StyLight thermoplastic composite materials business.[7]
In July 2022, an ABS joint venture was announced with SINOPEC as part of a $7bn deal between Ineos and SINOPEC with a new 600,000 tonnes world-scale ABS plant in Ningbo, China opening in 2023.[8]
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