STYROLUTION According to a news release dated May 31 2011 [] Styrolution is a joint venture between BASF and Ineos Industries that makes styrene based plastics. Headquarters is in Frankfurt/Main, Germany. In 2014, Ineos bought out BASF's interest.
The company makes styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends. Expandable polystyrene is not part of the jv.
Plants are located in Germany (Ludwigshafen, Schwarzheide, Cologne, Marl), Belgium (Antwerp), Korea (Ulsan), India (Dahej, Vadodara), Mexico (Altamira), Spain (Tarragona), Thailand (Map Ta Phut), Canada (Sarnia), the United States (Indian Orchard, Joliet, Decatur, Texas City, Bayport), France (Wingles) and Sweden (Trelleborg).
Parts of the company appear to be the styrene plastics business from Monsanto. Dow Chemical and General Electric have had competitive businesses although they were recently spun off or divested as low margin businesses.
These are commodity thermoplastics usually sold by the cubic inch in competition with PVC, polyethylene, and polypropylene. This compares with high performance plastics usually called engineering plastics.
In 2014, Styrolution announced plans to close its plant in Indian Orchard, MA shutting down production of polystyrene there and moving selected businesses to Decatur, AL.