INEOS has today announced its decision to permanently close its ABS production site in Addyston, Ohio. The Company will commence a safe and responsible decommissioning process in the second quarter of 2025.
“Over the past few years, we have seen the ABS market become increasingly competitive, particularly with growing competition from overseas imports,” said Steve Harrington, CEO of INEOS Styrolution and INEOS ABS.
“After a thorough analysis, we concluded that the substantial investment needed to continue operations and achieve profitable cost competitiveness makes this site no longer economical. This difficult yet necessary decision is driven primarily by external market conditions and
“Over the past few years, we have seen the ABS market become increasingly competitive, particularly with growing competition from overseas imports,” said Steve Harrington, CEO of INEOS Styrolution and INEOS ABS.
“After a thorough analysis, we concluded that the substantial investment needed to continue operations and achieve profitable cost competitiveness makes this site no longer economical. This difficult yet necessary decision is driven primarily by external market conditions and
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