NEWS for the Plastic and Rubber Industry

 

INEOS STYROLUTION at FEIPLASTIC 2019

INEOS Styrolution, the leading global producer of styrenics, showcased its broad range of solutions for the plastic industry at FEIPLASTIC 2019, Sao Paulo, Brazil, April 22-26.

The company exhibited its set of products at its booth J42, where visitors had the chance to learn more about INEOS Styrolution styrenic solutions for multiple industrial applications, as well as see and touch several innovative finished and semi-finished products manufactured with INEOS Styrolution polymers.

During the FEIPLASTIC event, INEOS also highlighted a recently announced company break-through related to styrenic recycling technology, as well as productive capacity expansion plans to consolidate the company’s global leading position in styrenics.

“Certainly, for FEIPLASTIC 2019 one of our key topics is the the expansion in productive capacity we currently have, which also includes South America market region, through our new US Bayport, TX new plant project,” said Alexander W. Gluck, President, INEOS Styrolution Americas.

Alexander Gluck, President, INEOS Styrolution Americas

The new INEOS Styrolution Bayport Tx production unit is a 1000.000 MT/ year plant for the production of Acryolonitrile- Butadiene-Stryrene and Acrilonitryle-Styrene-Acrylate polymers, which will be the first styrenic new project to be built in America since many years ago. INEOS Styrolution also has a 160.000 MT/year plant in Altamira, Mexico, which, according to Gluck, is one of the best ABS plants in America. The new Bayport project t is planned to be completed by mid-2021.

“We are quite excited because with this Bayport expansion we will be able to supply more material to South America and other Latin America countries out of Mexico and also to United States,” Gluck added.

At the same time, the referred expansion will be able to replace materials, which are currently being delivered from INEOS Styrolution plants from Europe and Asia, in order to provide high quality solutions for multiple market sector applications

INEOS Stryrolution provides a broad range solutions portfolio to cover several market applications, such as automotive, healthcare, electronic, building and construction.

INEOS Styrolution’s exhibition at FEIPLASTIC was also highly focused on sustainable solutions. The company showcased its StyLight series, one of the latest technology composite styrene resins available in the marketplace. StyLight provides a robust lightweight solution with outstanding surface quality for automotive interior and other wide-ranging applications.

According to Gluck, automotive industry is being affected by the current reduced global growth scenario. However, INEOS is confident to receive additional demand coming from U.S. due to the high number of cars with more than 10 years, which should be replaced by new cars in the near future.

Another important factor to be taken in account is how the new social economy is going to affect transportation business.

“New sharing economy and millennial population behavior will substantially affect the automotive industry in big cities, where possibly young millennials will not apply for license drivers as they use to do in the past, but in any case, in the country side of US we will see the same big car pattern behavior,” Gluck said.

According to Gluck, as a main supplier of solutions for the automotive industry, INEOS Styrolution is always looking for following the industry trends in every market region, offering materials for all kind of typical cars such as SUV, electronic vehicle (EV) cars and autonomous vehicles.

At the same time, INEOS Styrolution recently announced an important breakthrough in chemical recycling of polystyrene. INEOS Styrolution recently informed that it completed the first successful test runs producing virgin polystyrene from previously de-polymerized material.

“Polystyrene, which is our main focus, is the best plastic material to be recycled because it’s easily broken-down into monomeric chemical components,” Gluck said.

A lab-scale quantity of general-purpose polystyrene produced from 100% recycled styrene monomer by INEOS Styrolution in Antwerp signals a game changer in polystyrene production. The material is the result of experimental polystyrene production with styrene monomer feedstock produced from de-polymerisation of styrenic plastic.

For more information about INEOS Styrolution, please visit www.ineos-styrolution.com