Styrolution: Inauguration of New HQ in Frankfurt
Styrolution Group GmbH, the world’s leading supplier of styrenics, will operate from its global headquarters located in Frankfurt, Germany. The new facility was officially inaugurated on November 11 for employees from all global functions, as well as several functions from the EMEA region.
“We see this important step as a sign that we are standing on our own two feet as a company," said Roberto Gualdoni, chief executive officer, Styrolution, at the ribbon cutting ceremony for the new office building. "Now all global, as well as several EMEA functions, that are now distributed across various locations will be brought together under one roof so that we can better serve our customers from a central location."
Styrolution has been operating independently since Oct.1, 2011. The company is a 50-50 joint venture between BASF and INEOS, comprising the key styrenic business activities of both partners. Styrolution is the only company among key players on the market dedicated entirely to styrenics. Styrolution is number one worldwide in styrene monomer (SM), polystyrene (PS), styrene butadiene copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends. In acrylonitrile butadiene styrene (ABS), the company is number two worldwide. In total, Styrolution employs approximately 3,400 employees and operates 17 production sites in 10 countries. In 2010, pro-forma combined sales totaled 6.4 billion euros.
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