INEOS Styrolution is a global styrenics supplier and is headquartered in Germany. It is a subcompany of

INEOS INEOS Group Limited is a British multinational chemicals company headquartered and registered in London. , it is the fourth largest chemical company in the world. Ineos is organised into about 20 standalone business units, each with its own ...

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.

Headquarters and sites

Styrolution employs around 3,100 people. The global and European headquarters is situated in

Frankfurt am Main Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ...

, Germany, regional headquarters are located in

Aurora, Illinois Aurora is a city in the Chicago metropolitan area located partially in DuPage County, Illinois, DuPage, Kane County, Illinois, Kane, Kendall County, Illinois, Kendall, and Will County, Illinois, Will counties in the U.S. state of Illinois. Locat ...

(USA) and

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. Styrolution operates 16 manufacturing sites across nine countries:

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

(Ludwigshafen, Schwarzheide, Cologne),

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...

(Antwerp),

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

(Foshan, Ningbo),

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

(Wingles),

Korea Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic o ...

(Ulsan, Yeosu),

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bo ...

(Map Ta Phut), the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

(Channahon, Decatur, Texas City, Bayport),

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

(Sarnia) and

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

(Altamira).

Product portfolio

Styrolution offers various styrenics commodity and specialty product types, i.e.

styrene Styrene () is an organic compound with the chemical formula C6H5CH=CH2. This derivative of benzene is a colorless oily liquid, although aged samples can appear yellowish. The compound evaporates easily and has a sweet smell, although high concen ...

monomer In chemistry, a monomer ( ; ''mono-'', "one" + '' -mer'', "part") is a molecule that can react together with other monomer molecules to form a larger polymer chain or three-dimensional network in a process called polymerization. Classification Mo ...

(SM),

polystyrene 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 ...

(PS),

acrylonitrile butadiene styrene Acrylonitrile butadiene styrene (ABS) (chemical formula (C8H8)''x''·(C4H6)''y''·(C3H3N)''z'' is a common thermoplastic polymer. Its glass transition temperature is approximately . ABS is amorphous and therefore has no true melting point. A ...

(ABS), styrene-butadiene block copolymers (SBC), other styrene-based copolymers ( SAN, AMSAN, ASA, MABS), and copolymer blends. Styrenics are

thermoplastics A thermoplastic, or thermosoft plastic, is any plastic polymer material that becomes pliable or moldable at a certain elevated temperature and solidifies upon cooling. Most thermoplastics have a high molecular weight. The polymer chains associate ...

Styrene Styrene () is an organic compound with the chemical formula C6H5CH=CH2. This derivative of benzene is a colorless oily liquid, although aged samples can appear yellowish. The compound evaporates easily and has a sweet smell, although high concen ...

(SM) is an intermediate product. It is a colorless liquid that

polymerize In polymer chemistry, polymerization (American English), or polymerisation (British English), is a process of reacting monomer molecules together in a chemical reaction to form polymer chains or three-dimensional networks. There are many for ...

s easily.

Polystyrene 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 ...

(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 Acrylonitrile butadiene styrene (ABS) (chemical formula (C8H8)''x''·(C4H6)''y''·(C3H3N)''z'' is a common thermoplastic polymer. Its glass transition temperature is approximately . ABS is amorphous and therefore has no true melting point. A ...

(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

copolymer 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 some ...

s (SAN, AMSAN, ASA, MABS) and blends (ABS/PA, ASA/PA, ASA/PC) are thermoplastic

resin In polymer chemistry and materials science, resin is a solid or highly viscous substance of plant or synthetic origin that is typically convertible into polymers. Resins are usually mixtures of organic compounds. This article focuses on natu ...

s 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 BASF Societas Europaea, SE () is a German multinational corporation, multinational chemical company and the List of largest chemical producers, largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany. The ...

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 The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction ov ...

(FTC) without any remedies. May 12, 2011: Styrolution places a 480 million Euro bond due 2016 on the capital market. 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 The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

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 Tarragona (, ; Phoenician: ''Tarqon''; la, Tarraco) is a port city located in northeast Spain on the Costa Daurada by the Mediterranean Sea. Founded before the fifth century BC, it is the capital of the Province of Tarragona, and part of Tar ...

, Spain. This site accounted for less than 3% of Styrolution’s pro forma

EBITDA A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, stat ...

before exceptionals for the year 2010. 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 A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a contract, legally binding agreement. The concept is similar to a Heads of agreement ( ...

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. 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. February 1, 2022: It was announced that INEOS Styrolution had concluded a joint agreement for Ensinger to acquire its StyLight thermoplastic composite materials business.

References

{{reflist

External links

Chemanager-online.com: Dedicated to Styrenics, October 14, 2011

* ttp://www.ineos-styrolution.com INEOS Styrolution website
INEOS website
Chemical companies of Germany Manufacturing companies based in Frankfurt

Headquarters and sites

Product portfolio

Corporate history

See also

References

External links