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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Styrolution Streamlines; Ineos Styrenics Complex to Close
7:27 AM MDT | March 23, 2012 | —Natasha Alperowicz
Styrolution, the equally owned styrenics production joint venture between BASF and Ineos, has announced a program to streamline its operations in Europe and add capacity in emerging markets. Roberto Gualdoni, Styrolution CEO, speaking exclusively to CW last week, said that—as part of the plan—the company would terminate its agreement with Ineos to offtake styrene and polystyrene (PS) from Ineos’s Marl, Germany site. That will lead to the closure of the Marl complex, designed to produce 350,000 m.t./year of styrene and 180,000 m.t./year of PS...
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