Styron: Operation as Standalone Company
Styron, a former business division of The Dow Chemical Company, Styron, a former business division of The Dow Chemical Company, announced the new company’s direction following the close of its sale to Bain Capital Partners on June 17.
As a standalone, privately held company, Styron will be a leading materials company with global reach and a unique product portfolio bringing together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users. The company has approximately USD 3.7 billion in revenue (based on 2009 data), with 20 manufacturing sites and 1,900 employees based in 30 countries.
The company benefits from a leadership position in its two flagship products, Polystyrene and Styrene-butadiene Latex, and a broad geographic reach, with a strong manufacturing and Research & Development presence in all regions.
Bain Capital, LLC is a global private investment firm that manages several pools of capital including private equity, venture capital, public equity, high-yield assets and mezzanine capital with approximately USD 65 billion in assets under management.
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