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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
BASF and Ineos Launch Styrolution, Are Close to Divesting Spanish ABS Asset
9:29 AM MDT | October 7, 2011 | â€”LYN TATTUM AND NATASHA aLPEROWICZ
BASF and Ineos, partners in the styrenics joint venture Styrolution, say the company started operating as an independent unit on October 1, 2011, following approval from the relevant antitrust authorities. Styrolution, a 50-50 alliance, comprises the key styrenics activities of the two partners. It is the worldâ€™s leading supplier of styrenics, the owners say. Styrolution is the only leading player in the styrenics industry dedicated entirely to styrenics. It holds global number-one positions in styrene, polystyrene (PS), styrene-butadiene block copolymers, and...
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