Styrenix Performance Materials Ltd., formerly INEOS ABS (India) Limited, is a prominent global supplier of styrenics, specializing in styrene monomer, polystyrene, and ABS (acrylonitrile butadiene styrene) polymers. Established in 1973, the company began production in 1978 and has since expanded its operations with world-class facilities in Gujarat, India. Its diverse product portfolio, including ABSOLAN, ABSOLAC, and high-impact polystyrene, serves multiple industries like automotive, electronics, and healthcare, providing materials known for their mechanical and thermal properties akin to metals.
Over the years, Styrenix underwent several ownership changes, with significant stakes acquired by Bayer, Lanxess, and INEOS, reflecting its strategic importance in the global styrenics market. The company has continuously expanded its production capacities and achieved ISO 9001 certification, reinforcing its commitment to quality. Its strategic alliances and collaborations, such as with Japan Synthetic Rubber Company, have further strengthened its market position, making it a key player in engineering plastics and styrenics specialties.
