# BASF and INEOS to form Styrolution styrenics joint venture

BASF and INEOS will combine their global styrenics businesses into a new 50:50 joint venture called Styrolution, headquartered in Frankfurt, Germany. The deal, signed on 29 November 2010, is expected to close in 2011, subject to antitrust approval.

- Type: Acquisition
- Announced: 2021-11-28
- Where: Frankfurt, Germany, Germany
- Status: announced
- Products: styrene monomers, polystyrene, ABS, SBC, styrene-based copolymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [INEOS](https://endata.com/companies/9807.md) (partner)
- [Styrolution](https://endata.com/companies/59269.md) (target)

## Sources

- [icis.com](https://www.icis.com/explore/resources/news/2011/05/30/9464411/Articles/2010/11/30/9414959/BASF-INEOS-to-merge-styrenics-businesses-into-new-JV-in.html/), 2021-11-28: "BASF and INEOS will combine their global styrenics business into a new 50:50 joint venture (JV) called Styrolution, the companies said in a statement on Tuesday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.