INEOS Styrolution makes final investment decision for ASA capacity in the Americas
20.12.18
Frankfurt, Germany
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- Continued commitment to meet our customers’ increasing future demand
- Expanding ASA and ABS production capacity in North America
- Underlining of the company’s Triple Shift growth strategy
INEOS Styrolution, the global leader in styrenics, announces today the final investment decision to construct a new 100kt capacity ASA plant at its site in Bayport, Texas.
The new ASA (acrylonitrile styrene acrylate polymer) facility strengthens the INEOS Styrolution position as the only global producer with ASA production capacity in all regions. Upon the start-up, scheduled for 2021, the new facility will unleash additional capacity of ABS polymers at the existing INEOS Styrolution Altamira plant in Mexico[1].
A contract for engineering, procurement, and construction has been awarded to WorleyParsons, a leading global provider for the chemical industry.
“I am looking forward to offering our customers additional ASA capacity allowing for more flexible production of specialty grades per their growing demand in the Americas. In addition, we will be able to produce more ABS in our existing plant in Mexico also serving the growing ABS market,” explains Alexander Glueck, President Americas.
[1] See also http://www.ineos-styrolution.com/de_DE/news/pr_espn for the initial announcement of the plans in April 2017.