Styron Announces Plans to Build New Latex Production Unit in Zhangjiagang, China
Styron announced plans to expand its latex capacity at its Zhangjiagang, China production facility. The projected additional capacity of latex will help to better serve the growing demand for latex in China’s paper and paper board industry, which is projected to grow significantly over the next few years.
“The China market continues to show tremendous growth, and this expansion reinforces our leadership in meeting customer needs”, said Chris Pappas, President and CEO of Styron LLC. “Zhangjiagang is the ideal location for Styron to expand our latex production and offerings. We’ve built and operated a plant on this site since 2002 and will continue to benefit from its strategic location, local resources, employees and community support.”
The new unit, expected to commence production in Q4 2012, will be adjacent to Styron’s existing latex manufacturing units at Zhangjiagang, and will complement Styron’s other latex production facilities located in Korea, Indonesia and Australia. The expanded latex production facility will significantly enhance Styron’s ability to help regional customers move to optimised product formulations with higher ‘value in use’.
Styron announced it has changed its name to Trinseo, effective February 1, 2015.
The name Trinseo comes from the word “intrinsic,” meaning something is essential and belonging by its nature. The new company name reflects how Trinseo’s technologies and materials play an intrinsic role in the ... more
Styron, a former business division of The Dow Chemical Company, announced the new company’s direction following the close of its sale to Bain Capital Partners on June 17.
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