October 7, 2008
Defining Americas Styrenics — A Venture Focused on Polystyrene Expansion, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- The Dow Chemical Company (NYSE:DOW) (Midland, Michigan) and Chevron Phillips Chemical Company LP (CPChem) (The Woodlands, Texas), in a recent joint venture, formed Americas Styrenics LLC. The 50:50 joint venture between the two chemical manufacturing monoliths represents the largest consolidation of polystyrene production capacity in the Western Hemisphere to date. In combining resources, the joint venture positions itself to focus on its inherent strengths, thereby further expanding market presence and commanding a greater market share.
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SOURCE: Industrial Info Resources