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SK picglobal and INEOS Styrolution ink MOU for renewable styrene monomer

SINGAPORE, Nov. 8, 2022 /PRNewswire/ SK picglobal, a market leader for propylene oxide and its derivatives including propylene glycol,and INEOS Styrolution, the global leader in styrenics, have signed a memorandum of understanding (MOU) yesterday giving INEOS Styrolution access to renewable styrene monomer ("SM") produced from SK picglobal's SM plant located in Ulsan, South Korea. This agreement is an extension to INEOS Styrolution's efforts in creating a circular economy for both polystyrene (PS) and acrylonitrile butadiene styrene (ABS) in Asia. Under this MOU, SK picglobal will produce and supply renewable SM to INEOS Styrolution upon obtaining ISCC PLUS certification, estimated to be within 2023. INEOS Styrolution has committed to saving one million tonnes of CO2 emissions by 2030 and selling 500kt of ECO products in 2030; and achieving net zero emissions by 2050. "This agreement with SK picglobal is the right step to helping INEOS Styrolution achieve those ....

South Korea , Republic Of Korea , Taeho Hwang , Tripleone Somerset , Asia Pacific , Arndt Kotyczka , Petrochemical Industries Company , Senior Communications , Pte Ltd , Vice President , Global Styrene Monomer , Relations Manager , Communications Manager , Nov 8 , 022 Prnewswire Sk Picglobal , A Market Leader For Propylene Oxide And Its Derivatives Including Glycol , And Ineos Styrolution , He Global Leader In Styrenics , Ave Signeda Memorandum Of Understanding Mou Yesterday Giving Ineos Styrolution Access To Renewable Styrene Monomer Quot Sm Produced From Sk Picglobal 39s Plant Located In Ulsan , Outh Korea This Agreement Is An Extension To Ineos Styrolution 39s Efforts In Creatinga Circular Economy For Both Polystyrene Ps And Acrylonitrile Butadiene Styrene Abs Asia Under Mou , K Picglobal Will Produce And Supply Renewable Sm To Ineos Styrolution Upon Obtaining Iscc Plus Certification , Stimated To Be Within 2023 Ineos Styrolution Has Committed Saving One Million Tonnes Of Co2 Emissions By 2030 And Selling 500kt Eco Products In Achieving Net Zero 2050 Quot This Agreement With Sk Picglobal Is The Right Step Helping Achieve Those Goals Demonstrates Our Commitment Toa Sustainable Future Across All Market Segments , Uot Said Arndt Kotyczka , Vice President , Global Styrene Monomer , Neos Styrolution Quot Thisrenewable Sm Source Will Enable Us To Offer Recyclable ,

Styrene Monomer(SM) Market Size, Share, Growth

Global Styrene Monomer (SM) market size is estimated to be worth US$ 56510 million in 2022 and is forecast to a readjusted size of US$ 77920 million by. ....

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Styrene Monomer (SM) Market Size, Share, Growth [2022]

Global Styrene Monomer (SM) market size is estimated to be worth US$ 56510 million in 2022 and is forecast to a readjusted size of US$ 77920 million by. ....

United States , Asahi Kasei , Asia Pacific , Lyondell Basell , Styrene Monomer , Global Market Conditions , Major Key Players Listed , Market Report , Segment Covered , Global Styrene Monomer , Market Size , Production Capacity , Historic Production , Forecasted Production , Value Estimates , Sales Channels , Risks Factors , Business Research Insights , Tyrene Monomer Sm , Tyrene Monomer Sm Market , Tyrene Monomer Sm Industry ,