Company Research Report: Americas Styrenics LLC (AmSty)

Company Overview

Name: Americas Styrenics LLC (AmSty)

Mission:
AmSty aims to create essential and sustainable materials that promote safe communities and support healthy living. They are committed to doing what’s right for their people, customers, and the environment, driving them to innovate towards a sustainable circular economy for plastics.

Founded: 2008

Founders: Joint venture between Chevron Phillips Chemical Company and The Dow Chemical Company.

Key People:

• Randy Pogue - President & CEO

• Larry Somma - Vice President & Chief Financial Officer

• Jonathan Kammerer - Vice President, Operations

• Tim Barnette - Vice President, Polymers & Sustainability

• John Medico - Vice President, Feedstocks, Styrene & Supply Chain

• Joe Hulett - General Counsel & Vice President, Human Resources

• Tim Watson - Vice President, Environmental, Health and Safety

• Bill Griebel - Director, Supply Chain and Customer Service

• Lisa Jones - Director, Human Resources

• Karen Oldakowski - Controller

• Alice Schmieg - Director, Corporate Finance and Strategy

• Richard Shaw - Director, Sustainability & Circular Economy

Headquarters: 24 Waterway Avenue, Suite 1200, The Woodlands, TX 77380, USA.

Number of Employees: No information is available.

Revenue: No information is available.

Known for: AmSty is renowned for being a leading producer of polystyrene and styrene monomer in the Americas and plays a pioneering role in circular recycling strategies for plastics. They are recognized for their innovative solutions in sustainability, especially through their PolyRenew® brand and Regenyx joint venture.

Products

Products Offered:
1. Polystyrene - GPPS (General Purpose Polystyrene):

• High clarity and chemical resistance, suited for medical labware, food packaging, insulation, and appliance applications.

2. Polystyrene - HIPS (High Impact Polystyrene):

• Known for excellent dimensional stability, toughness, and processing ability. Used in food packaging, consumer electronics, and thermoformed applications.

3. Styrene Monomer:

• Used in making polystyrene, paints, coatings, electronics, and automobiles.

4. PolyRenew®:

• An innovative line of certified recycled polystyrene, part of an advanced circular recycling initiative.

5. Other Products:

• Diethylbenzene, ethylbenzene, and toluene – used in manufacturing heat transfer products, automobile parts, paints, coatings, and fuels.

Key Features:

• PolyRenew® Products: Designed to incorporate 30% recycled content for applications such as food packaging.

• Regenyx: A joint venture focused on converting polystyrene waste back into high-quality styrene monomer.

Recent Developments

Innovations and Partnerships

• PolyRenew® Expansion: Expansion of the PolyRenew® brand with new high-efficiency recycled polystyrene products.

• Regenyx Completion: Concluded a five-year proof-of-concept project demonstrating effective polystyrene recycling technology.

• Polystyrene Recycling Alliance (PSRA): AmSty has become a founding member, aiming to create widespread recycling access for polystyrene.

New Products and Features

• CERTIFIED CIRCULAR RECYCLED POLYSTYRENE: PolyRenew® certified circular recycled polystyrene helps customers achieve sustainability goals as AmSty aims for 30% recycled content in all food packaging by 2030.

Strategic Initiatives

• Sustainability Reports: Publication of the "Building Momentum" sustainability report showcasing commitments and achievements.

• ISCC PLUS Certification: Achievement of ISCC PLUS certification at multiple facilities, reinforcing commitment to sustainable practices.

Additional Information

• AmSty is a leading integrated producer of polystyrene and styrene monomer, committed to sustainability and circular recycling within the plastics industry. Their innovative approaches protect the environment and meet customer sustainability goals, aligning with their mission of sustainable business excellence.

• Established in 2008 through a strategic joint venture, AmSty has grown to become a notable leader in recycled polystyrene initiatives, exemplified by their PolyRenew® and Regenyx projects.