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INEOS Styrolution makes final investment decision for ASA capacity in the Americas

 |  Subj: Press-releses

INEOS Styrolution, theáglobaláleader inástyrenics, announces today theáfinaláinvestment decision toáconstruct aánew 100kt capacity ASA plant atáits site ináBayport, Texas.

Theánew ASA (acrylonitrile styrene acrylate polymer) facility strengthens theáINEOS Styrolution position asátheáonly globaláproducer witháASA production capacity ináalláregions. Upon theástart-up, scheduled forá2021, theánew facility willáunleash additionalácapacity ofáABS polymers atátheáexisting INEOS Styrolution Altamira plant ináMexico.

Aácontract foráengineering, procurement, andáconstruction has been awarded toáWorleyParsons, aáleading globaláprovider forátheáchemicaláindustry.

ôIáamálooking forward toáoffering our customers additionaláASA capacity allowing forámore flexible production ofáspecialty grades per their growing demand inátheáAmericas. Ináaddition, we willábe able toáproduce more ABS ináour existing plant ináMexico also serving theágrowing ABS market,ö explains Alexander Glueck, President Americas.

Kevin McQuade, CEO INEOS Styrolution, comments: ôWe continue toáfollow aástrong growth path toámeet customer needs, particularly inágrowth markets like theáAmericas. Our Triple Shift growth strategy continues toáserve asáanáexcellent advisor.ö


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