23 October 2015
DETAILS
- Project activities for future joint venture
for ABS and SAN specialties in South America
suspended due to adverse market environment - Strong commitment to South America
remains unchanged - Project to be revisited once market conditions
have sustainably turned favourable again
the global leader in styrenics, and
the largest producer of thermoplastic resins in America
and a global leader in biopolymers,
announced today their mutual agreement
to suspend all project activities
related to a future joint venture in Brazil.
The decision was driven by Styrolution
and was a result of the current adverse market conditions
and uncertain market outlook.
CONTACT STYROLUTION
Christine Schönfelder
Vice President Corporate Communications,
Investor Relations, Advocacy and Change Management
Phonework+49-69-509550-1076
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