News

Frankfurt, Germany

Report underlines the company’s contributions to a circular economy

New sustainability targets focus on delivering circular solutions for styrenics

INEOS Styrolution, the global leader in styrenics, published its fourth sustainability report today. The report, titled “Living Sustainability. Together”, provides a detailed overview of the company’s recent sustainability efforts.

Achievements highlighted in the report include:

Proof-of-concept on chemical recycling developed with polystyrene produced from 100% recycled styrene monomer

Recipes for recycled ABS developed

Concept of bio-attribution for styrenics established

84% reduction in SOx emissions and 52% reduction in landfill waste (over the period 2014 to 2018)

INEOS Styrolution has continued its progress to achieving its sustainability targets set in 2017. With the company’s increased focus on circular solutions, it has now added new sustainability targets focused on delivering circular solutions for styrenics. They are:

To offer 30% recycled polystyrene in plastic packaging in Europe by 2025

To offer recycled ABS at commercial scale by 2020

“We have a clear vision to be recognised as the global leader in providing sustainable styrenics solutions”, says Kevin McQuade, CEO INEOS Styrolution. “During the course of the past year, we have made clear strides to contribute to a circular economy.  And we are committed to further exploring opportunities to drive sustainability not only within our own business, but also to work with our customers and stakeholders to develop sustainable and circular products and solutions throughout the entire styrenics value chain.”

Click here to read INEOS Styrolution’s full sustainability report.

Click here to visit INEOS Styrolution’s new sustainability website.

ABOUT INEOS STYROLUTION

INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including Automotive, Electronics, Household, Construction, Healthcare, Packaging and Toys/ Sports/ Leisure. In 2018, sales were at 5.4 billion euros. INEOS Styrolution employs approximately 3,500 people and operates 20 production sites in ten countries.

For futher information contact:

Name : Dr. Ralf Leinemann

Position : Global Manager PR & Marketing Communications

Phone Number : work +49 69 5095501366

Email : ralf.leinemann@ineos.com