- From idea to joint venture to successful enterprise in a decade
- INEOS Styrolution bases growth and commercial success on thorough and focused execution of our corporate strategy
INEOS Styrolution, the global leader in styrenics, celebrates the company’s tenth anniversary on October 1, 2021. Time to look back at ten successful years; time to look ahead at what will be next.
On October 1, 2011, Styrolution was established as a joint venture between INEOS and BASF. Three years later, the organisation became a wholly-owned company within the INEOS Group and changed its name to INEOS Styrolution to reflect the new ownership.
INEOS Styrolution has been on a growth path since its beginning, which included building new production sites[1] and completing acquisitions[2] worldwide. Today, the company operates 20 production sites in ten countries in all three global regions, EMEA, APAC and the Americas. This makes the company the undisputed market leader for styrenics.
INEOS Styrolution’s products demonstrate superior performance for applications across a broad range of industries including automotive, healthcare, household, electronics, construction and packaging. Its range of performance solutions and global service fosters close collaboration with partners and promotes strong customer loyalty.
INEOS Styrolution laid the foundation for sustainable growth very early in its existence. One year after it became part of the INEOS Group, the company published its first annual qualitative report on sustainability.
A growing family of sustainable ECO solutions and the shift towards a circular, low-carbon economy for styrenics provides a clear indication of the company’s future. With bio-attributed products and innovative recycling solutions, INEOS Styrolution promotes a growth in demand and a broad range of new application developments.
Steve Harrington, CEO INEOS Styrolution, comments: “I thank our customers for their continued trust in us. Without their continued support our success would not have been possible. I also thank our employees who followed us on our journey during the past decade. It is a journey that will continue based on innovation and flexibility to respond to new business needs.”
[1] See http://www.ineos-styrolution.com/news/INEOS-Styrolution-hosts-groundbreaking-ceremony-for-its-new-100kt-ASA-plant-in-Bayport-Texas and http://www.ineos-styrolution.com/news/INEOS-Styrolution-hosts-groundbreaking-ceremony-for-its-new-600kt-ABS-plant-in-Ningbo-China
[2] See: http://www.ineos-styrolution.com/news/K-Resin_SBC_business and http://www.ineos-styrolution.com/news/ineos-styrolution-announces-the-completion-of-the-acquisition-of-two-polystyrene-sites-in-China-from-total-sa