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Styron begins operations as global company

Source: Date:2010-07-22
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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 17 June. 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 $3.7 billion in revenue (based on 2009 data), with 20 manufacturing sites and 1,900 employees based in 30 countries. "Styron is a brand new global materials company that stands on seven decades of heritage - built upon a history of strengths in technology, application expertise, operations excellence, innovation and global reach," said Mr. Christopher D. Pappas, President and Chief Executive Officer of Styron. 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. www.styron.comAir Max 1 Mid Liberty Max Kicks

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