Styrolution forms styrene monomer business unit

Published: January 9, 2013 6:00 am ET

Related to this story

Topics Materials Suppliers
Companies & Associations

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

Techmer PM planning new compounding plant

March 26, 2015 3:30 pm ET

As crowds gathered around their 3-D-printed Shelby Cobra sports car, Techmer PM officials revealed that the firm will open a new materials plant in...    More

Indian compounder Welset expands in PVC, masterbatches

March 26, 2015 6:00 am ET

Indian compounder Welset Plast Extrusions Ltd. (Booth S20059) is spending 60 crore rupees ($975,000) to expand capacity in PVC materials for the...    More

Image

RheTech adding extrusion line

March 26, 2015 9:16 am ET

John Levinson, President of RheTech Inc., which was recently acquired by Swedish rubber compounder Hexpol AB, was positive about the...    More

Image

Sabic adding more Ultem capacity

March 26, 2015 1:24 pm ET

Sabic Innovative Plastics will add more than 700 million pounds of material production capacity in the next five years — including a 30 percent ...    More

Image

DuPont exec: Still lots of lightweighting needed in the auto industry

March 23, 2015 6:00 am ET

In that role, Jeffrey Sternberg is responsible for bringing the breadth of DuPont advanced materials — as well as renewably sourced materials an...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events