Styrolution to become a standalone company within INEOS

Frankfurt, Germany

Key quotes:

  • Jim Ratcliffe, Chairman, INEOS Capital: "Styrolution has fulfilled its promise as a globally competitive business that competes effectively with large-scale producers from Asia and the Middle East. We are pleased to bring Styrolution fully into the INEOS family. After the purchase Styrolution will be run separately as a standalone company within INEOS, and continue to operate as it does today."
  • Roberto Gualdoni, CEO, Styrolution: "I am happy about this outstanding sign of confidence by INEOS in the long-term prospects our business.  We take this as a further motivation to keep on delivering value, focussing on our customers and implementing our strategy with creativity and determination."

    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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