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(PlastEurope) -- On 11 November,
Styrolution (Frankfurt / Germany inaugurated its new global and European
headquarters in Frankfurt. The joint venture of BASF (Ludwigshafen / Germany)
and Ineos (Lyndhurst /UK) officially began trading as a standalone company on 1
October from BASF’s Ludwigshafen headquarters.
At the ribbon-cutting ceremony, CEO Roberto Gualdoni said Styrolution’s
move to Frankurt is an important sign of its independence. In the new HQ, all
global and some EMEA business functions now distributed across several locations
will be brought together under one roof.
The company with pro-forma sales of EUR 6.4 bn in 2010 sand 3,400
employees at 17 worldwide sites regards itself as world’s leading producer of
styrene monomer, polystyrene, styrene-butadiene copolymers and other
styrene-based copolymers as well as copolymer blends. It sees itself as world’s
number two player in ABS.
Perspectives of development of polymer markets, pricing issues and other
important aspects will be discussed at The Polymers
Summit-2011, which will be held in Moscow on November 30, 2011 at the
Ritz Carlton Hotel. The Summit will be organized by MRC with the support of
ICIS. The main idea of the Summit is to find a "the golden mean" between
producers and converters. When producers receive exactly such margin of
production, which helps them to invest in production expansion in order to
substitute polymers imports, and the converters receive such price of feedstock
that helps them to compete imported finished products. The Summit site gives an
access to the live video of the Summit, speakers" presentations, as well as
opportunities to ask questions or make appointments to any Summit
partcipant.
mrcplast.com
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