Ineos Combines Its Styrolution and Ineos ABS Businesses Here
Ineos is bringing together its Styrolution and Ineos ABS business activities in North America by end of year.
Ineos is integrating the North American business activities of Ineos ABS, Addyston, Ohio into Styrolution, Aurora, Ill.—both of which are wholly-owned Ineos companies. At NPE2015, Ineos ABS, the largest producer of SAN, the second largest producer of ABS, and the leading regional producer of SMA in North America, joined Styrolution at its booth. Leading global styrenics supplier Styrolution produces styrene monomer, PS, ABS standard and styrenic specialties. Advantages of the integration measures, which are expected to be fully implemented by year’s end, are:
• Becoming one business: Core functions will merge, including marketing, sales, customer service, supply chain, procurement, R&D, human resources and manufacturing. Customers are expected to benefit from the combines, market-facing organization offering a single source to serve their styrenic needs.
• A powerful, combined product offering: Customers will benefit from a harmonized offering comprised of the respective portfolios of Styrolution and Ineos ABS including, specialty ABS grades and the standard ABS portfolios of each, as well as other styrenic specialites. Leveraging Styrolution’s global setup, the new arrangement also opens up new opportunities for customers across the globe to purchase products from Styrolution that Ineos ABS currently makes. OEMs and molders alike are expected to further benefit from the industry-specific polymer expertise both companies offer across automotive, healthcare, household, construction, and electronics.
• Alignment with Triple Shift growth strategy: The planned integration is also said to help drive two key components of Styrolution’s Triple Shift strategy; namely, bolstering the company’s market position in styrenic specialties and standard ABS, as well as expanding the company’s position in higher growth customer industries. The third component of this strategy is expansion of the company’s global footprint into emerging markets.
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