Styron sells Polystyrene Business

Styron Europe GmbH and Ravago S.A. signed a definitive agreement under which Styron’s Expandable Polystyrene (EPS) business will be sold to RP Compounds, a subsidiary of Ravago S.A.

The sale includes the EPS manufacturing facility in Schkopau, Germany, as well as related intellectual property and the SCONAPOR? brand. The transaction is subject to regulatory approval and completion of customary conditions. Expandable Polystyrene (EPS) is a type of plastic used to make foam insulation board and foam packaging. Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Styron previously announced plans to change the name of all Styron affiliated companies to Trinseo. Some, but not all, of the Styron companies are currently known as Trinseo; Styron companies that have not yet changed their names will continue to do business as Styron until their respective name changes are complete. Styron’s operating companies continue to do business as Styron at this time. www.styron.com