Styrolution shifting resin production
By Frank Esposito, Plastics News
Posted 21 March 2012
Global polystyrene and styrene monomer leader Styrolution Group is making several changes to its global production, including no longer sourcing those materials from a plant in Marl, Germany, by the end of the year.
Media reports said that move will result in the elimination of 110 jobs at the plant, which is operated by Styrolution co-owner Ineos Group. Officials with Frankfurt-based Styrolution declined to confirm the cuts, and officials with Ineos in Lyndhurst, England, could not be reached for comment.
Styrolution announced the Marl move in a 19 March news release, when it also confirmed capacity expansions in South Korea and India and improvements to a German plant.
“To maintain and expand our leading market position, implementing our strategic priorities quickly and rigorously is key,” CEO Roberto Gualdoni said in the release. “I am convinced that these measures will increase our competitive strength ... and allow us to serve our customers even better.”
In Ulsan, South Korea, Styrolution will open a new line for acrylic-styrene-acrylonitrile (ASA) by July. Officials said in the news release that the new line will offer customers greater security of supply and shorter lead times.
The Indian move will increase capacity for ABS and styrene-acrylonitrile (SAN) resins in Vadodara by 2014.
In Germany, Styrolution will equip its plant in Ludwigshafen with modern logistics and process control systems. Other improvements will increase the plants flexibility and supply reliability. Work done at the plant - which makes styrenic copolymers - is expected to be wrapped up in early 2013.
Styrolution was formed in October 2011 as a joint venture between Ineos and chemicals giant BASF SE of Ludwigshafen.
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