Styrolution, the global leader in styrenics, has announced that on June 30, 2012, it lifted force majeure in the Europe, Middle East and Africa region for Terluran HH, Luran S, Luran, Luran HH, Lustran and Terlux grades. Force majeure has been in place since October 24, 2011 following a fire that occurred in a part of Styrolution’s production network in Ludwigshafen, Germany. Due to the nature of the supply chain, the company will lift force majeure within the next 45 days for these grades in Asia and the Americas.
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The grades affected by force majeure belong to Styrolution’s specialties portfolio. With this portfolio, Styrolution serves customers across all industries by understanding their unique requirements and offering high-quality, innovative products and customization. The company’s specialty grades can be found in various applications across multiple industries, including automotive, healthcare & diagnostics, building & construction, electronics and household goods.
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Styrolution is the leading global styrenics supplier with a focus on styrene monomer, polystyrene, specialties, and ABS. As a joint venture of BASF and INEOS, Styrolution combines the key styrenic assets of two of the largest chemical companies in the world, with world-class production facilities, complementary competencies and portfolios, and more than 70 years of experience. Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenics applications for many everyday products across a broad range of industries, including automotive, electrical/electronics, building and construction, household appliances, toys/sports/leisure, packaging, healthcare and diagnostics. In 2011, pro forma sales were at 6.6 billion euros, resulting in an EBITDA before special items of 317 million euros. Styrolution employs about 3,400 people and operates 17 production sites in ten countries.
For more information, visit www.styrolution.com