Styrenix Performance Materials Limited — JV/Acquisition, 17-01-2025: Acquisition

Styrenix Performance Materials has completed the acquisition of 100% shareholding in INEOS Styrolution (Thailand) Co., Limited from its existing shareholders. This strategic move aims to enhance market presence and operational efficiencies within the region. INEOS Thailand will now operate as a wholly owned subsidiary, contributing to Styrenix's growth trajectory and reinforcing its competitive positioning in the polymers market. The deal supports both diversification and potential synergies that could positively impact shareholder value moving forward.