INEOS Styrolution to Close ABS Production in Addyston, Ohio

INEOS Styrolution will permanently close production of styrenic resins in Addyston, Ohio. The plant manufactures ABS and suspension SAN resins which are used in a wide variety of applications and industries, including automotive, electronics, household goods, health care and construction.

“Over the past few years, we have seen the ABS market become increasingly competitive, particularly with growing competition from overseas imports,” says Steve Harrington, INEOS Styrolution CEO. “After a thorough analysis, we concluded that the substantial investment needed to continue operations and achieve profitable cost competitiveness makes this site no longer economical. This difficult yet necessary decision is driven primarily by external market conditions and is not a reflection of the performance or dedication of our team in Addyston.”

In recognition of the significant impact this decision will have on affected employees, the company says it is fully committed to respectfully supporting them through this transition. As always, safety remains at the forefront of operations for INEOS, according to Harrington. Also, the company says it remains dedicated to serving the North American ABS market and will continue to serve affected customers from their other production facilities in North America and within its global footprint.

“Our focus is on the future. We are taking steps to strengthen our position in the near term and ensure a strong foundation for our continued success,” Harrington says. “We remain committed to supplying our customers with a comprehensive range of high-quality styrenic polymer grades and ensuring both global availability and local production.”