Ineos Styrolution, the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties, decided to set up a new SM plant with best-in-class technology in the US Gulf Coast. Ineos Styrolution is looking to get benefit from access to low-cost feedstock and energy from shale gas as well as an excellent infrastructure. The location of the plant is yet to be finalized.
Steve Harrington, President Global Styrene Monomer and Asia-Pacific, said, “The new plant will complement our existing SM production facilities and provide a sustained competitive advantage to enable us to supply the global market”
“This plan supports our ‘Triple Shift’ growth strategy and maintains our leading position as a global styrenics supplier to our key customers and industries”, added, Kevin McQuade, CEO at Ineos Styrolution.
Ineos Styrolution, a leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties, has world-class production facilities and more than 85 years of experience. Ineos Styrolution supports its customers with best solutions to succeed solution, designed to give them a competitive edge in their markets.