Styrolution will buy K-Resin business | Chemical & Engineering News
Volume 94 Issue 44 | p. 16 | Concentrates
Issue Date: November 7, 2016

Styrolution will buy K-Resin business

Department: Business
Keywords: polymers, styrenics, engineering polymers, Ineos

Chevron Phillips Chemical and Daelim Industrial will sell their K-Resin styrene-butadiene copolymers joint venture to Ineos Styrolution. The business operates a 50,000-metric-ton-per-year K-Resin plant in Yochon, South Korea. CPChem closed a larger K-Resin plant in Texas in 2014. K-Resin is used in packaging, consumer products such as refrigerator crisper trays, and toys. CPChem has been narrowing its focus to bulk petrochemicals. Last year, it sold its polyphenylene sulfide business to Solvay.

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ISSN 0009-2347
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