Styrolution makes changes to its management board
Frankfurt, Germany – February 11, 2015 – Styrolution, the global leader in styrenics, is making three appointments to its management board, including two new regional presidents and a newly created position, president of operations. Hyung Tae (HT) Chang, who currently serves as President, Asia Pacific will retire in July 2015 following over 41 years of service to the chemical industry.
"I would like to thank HT for his valuable contribution to the success of Styrolution and his many years of dedicated service to the industry. We wish him and his family all the best for the future," said Kevin McQuade, CEO, Styrolution. "Steve and Rob will be strong promoters of our Triple Shift growth strategy in their regions, which is to drive even greater growth in specialties and ABS Standard, our focus industries, and emerging markets. I also have the same confidence that Pierre will be instrumental in further sharpening our technology and manufacturing excellence programs globally. At Styrolution, we are fortunate to have leaders who not only possess the expertise and drive to produce results but are also highly regarded internally and by their peers."
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, toys/sports/leisure, and packaging. In 2015, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,100 people and operates 15 production sites in nine countries.
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