Trinseo is restarting the sales process for its Styrenics business, and it will focus on marketing individual plants and regional businesses, the US-based styrenics and engineered materials producer said on Thursday.
Trinseo had paused the process in July 2022 because of economic uncertainty and deterioration in financial markets.
Prior to that, the company had planned to sell its feedstocks and polystyrene segments as well as its 50% stake in Americas Styrenics (AmSty). Trinseo and Chevron Phillips Chemical own equal stakes in AmSty.
By Al Greenwood
Source: icis.com
In order to improve operational efficiency and performance, Neste has appointed a new Leadership Team as of today. The members of the Leadership Team are: Heikki Malinen, who in addition to his President and CEO role, takes the lead of Neste’s Renewable Products business area, Markku Korvenranta, Eeva Sipilä and Hannele Jakosuo-Jansson.
INEOS Group Ltd. (London, U.K.; www.ineos.com) today announced its decision to permanently close its ABS (acrylonitrile butadiene styrene) production site in Addyston, Ohio. The Company will commence a safe and responsible decommissioning process in the second quarter of 2025.
Cepsa announced its name change to Moeve, marking a significant milestone in the company’s transformation. This change positions Moeve as a leader in the European energy transition and demonstrates the significant progress achieved under its 2030 Positive Motion strategy, reinforcing its full commitment to sustainable energy and mobility.