Styrolution forms styrene monomer business unit

Published: January 9, 2013 6:00 am ET

Related to this story

Topics Materials, Suppliers

FRANKFURT, GERMANY (Jan. 9, 11:15 a.m. ET) — Styrolution Group GmbH has created a new business unit devoted to its styrene monomer business. This leaves its regional business units to focus exclusively on the group’s polymers business.

The Frankfurt-based company said: “These changes are aimed at helping the company achieve further value-oriented growth through an improved focus on strategic business areas and better alignment of the organization to the global and regional character of its respective markets.”

Steve Harrington has been appointed president of the global styrene monomer business unit effective Feb. 1. He is currently head of Styrolution’s styrene monomer business in the Americas.

The reorganization is accompanied by changes in senior management at the company, which is a joint venture between BASF SE and Ineos Group.

Kevin McQuade has been appointed president, Europe, Middle East and Africa effective from March 1. He currently serves as president, Americas at Styrolution. He will continue to lead the Americas’ polymers business on an interim basis until his successor assumes his new role in June.

Alexander Glueck will become president, Americas from June 1. He is currently the group’s senior vice president, global strategy, R&D, and procurement.

The three individuals will serve in their new roles on Styrolution’s management board.


Comments

Styrolution forms styrene monomer business unit

Published: January 9, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its...    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

Latvian plastics recycler Nordic Plast boosts capacity

September 16, 2014 10:15 am ET

Latvian plastics waste recycler Nordic Plast Ltd. has invested more than 2.5 million euros ($3.2 million) to expand capacity and modernize production ...    More

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

UPDATED — U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of...    More

Image

BASF analyzes products based on sustainability potential

September 15, 2014 11:48 am ET

Chemicals giant BASF SE has created a new process for managing its product portfolio based on sustainability criteria.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events