Styron busy with automotive and electronics markets

By Frank Esposito
Senior Staff Reporter

Published: October 23, 2013 6:20 am ET
Updated: October 23, 2013 6:23 am ET

Related to this story

Topics Materials, Materials Suppliers, K 2013, Business News & Features

DÜSSELDORF, GERMANY — Growth in the automotive and electrical/electronics markets is keeping materials maker Styron LLC busy in 2013.

“We’re focusing on where the growth in plastics is coming from, and finding the right fit for our products,” senior vice president and plastics business president Martin Pugh said in an Oct. 18 interview at K 2013. Pugh, a 35-year chemical industry veteran, joined Berwyn, Pa.-based Styron earlier this year.

In automotive, Pugh said that Styron’s materials “are continually reducing density on exterior applications,” such as polypropylene compounds used in lift gates on recent models of the Renault Clio vehicle. The firm’s Velvex-brand reinforced elastomers also are being used in auto bumpers.

For the E/E sector, polycarbonate/ABS and other Styron materials are finding homes in “smart meters,” charging stations and LED lighting, according to Pugh. Other E/E applications include covers and diffusers.

Styron also is seeing some growth from the medical field, where Pugh said its PC resins are being used in single-use and multi-use devices, as well as equipment housings and dialyzers.

The firm’s plant in Taiwan also recently began producing high recycled-content PC grades that can be used in notebook and tablet computers. “It’s a very consistent material,” Pugh said of the recycled grades.

At K 2013, Styron debuted new grades of Velvex compounds that are being used in instrument panel parts for the auto sector. The materials – developed with auto parts maker Autocomponent – offer improved soft-touch, scratch resistance and low gloss.

Styron employs 2,100 worldwide and posted sales of $5.5 billion in 2012. In North America, the firm operates resin maker Americas Styrenics as a 50-50 joint venture with Chevron Phillips Chemical Co. Styron was formed in 2011 when Boston private equity firm Bain Capital LLC bought the styrenics businesses of Dow Chemical Co.


Comments

Styron busy with automotive and electronics markets

By Frank Esposito
Senior Staff Reporter

Published: October 23, 2013 6:20 am ET
Updated: October 23, 2013 6:23 am ET

Post Your Comments


Back to story


More stories

Image

Foster building medical polymers plant

September 19, 2014 1:39 pm ET

Foster Delivery Science is investing $8 million in a new plant in Putnam, Conn., for production of medical polymer blends, as well as rods, film or...    More

Image

BP to restart damaged PTA unit in limited capacity by November

September 19, 2014 10:27 am ET

British Petroleum plc may restart its fire-damaged purified terephthalic acid (PTA) feedstock unit in South Carolina in late October or early...    More

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

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

Upcoming Plastics News Events

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

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

More Events