European styrene products manufacturer Ineos Group has recently announced that it will establish a new thermoplastic composites production plant in the next few years in response to growing demand for the company's StyLight product line. According to the company, the Stylight styrene-acrylonitrile-based composite was featured at the K exhibition in Dusseldorf in 2016 due to its strong structure, beautiful appearance, easy processing, stable dimensions, and high surface quality. After its debut, it is widely used in the automotive, electronics and sports industries. The product line now also includes a polypropylene-based product.
Pierre Juan, Ineos Styrolution's vice president of future business and innovation, said: "Since the launch of StyLight, we have invested a lot of resources in improving material quality and product process indicators. I have been following the development of StyLight from the beginning, and I am very happy Our products are recognized by our customers, and I look forward to further innovation in this product. "
Ineos Styrolution said the company is prioritizing the plant in Germany, but has not yet identified a specific location. The plant will be operational in 2022.
Kevin McQuade, CEO of Ineos Styrolution, said: "The decision to establish a production base for StyLight is part of our larger investment plan. Recent commercial activities, such as the acquisition of polystyrene assets in China and Bayport, Texas The construction of a new 100,000-ton ASA (acrylonitrile / styrene / acrylate copolymer) plant and the development of a new 10,000-ton ABS (acrylonitrile / butadiene / styrene copolymer) production line in Vangele, France, show us Will continue to be the world's leading supplier of styrenic plastics. "