INEOS Styrolution to build a world-scale styrene monomer plant in the US Gulf Coast

28 March 2018 14:41 Source:ICIS News

LONDON (ICIS)--INEOS Styrolution will commission an engineering study to build a world-scale styrene monomer (SM) plant in the US Gulf Coast, the company said on Wednesday.

The new SM plant will use best-in-class technology and benefit from access to low-cost feedstock and energy from shale gas as well as an excellent infrastructure. A specific location is yet to be defined, the announcement said.

Steve Harrington, president of global styrene monomer and Asia-Pacific, commented: “The new plant will complement our existing SM production facilities and provide a sustained competitive advantage to enable us to supply the global market.”

Kevin McQuade, CEO at INEOS Styrolution; “This plan supports our ‘Triple Shift’ growth strategy and maintains our leading position as a global styrenics supplier to our key customers and industries.”

Photo by Al Greenwood

Styrene is used to make polystyrene (PS) and acrylonitrile butadiene styrene (ABS). (Photo by Al Greenwood)

By Vasiliki Parapouli