Styrenix Performance Materials Ltd.

Styrolution ABS India’s holding company Styrolution (Jersey) is planning to reduce stake in the company from the current 87.33% to comply with the Securities and Exchange Board of India (SEBI) norms on minimum public share holding requirements.

Styrolution ABS is engaged in manufacturing and selling acrylonitrile-butadiene-styrene and styrene-acrylonitrile and other products to industries, such as consumer durables, automobiles, business machines, telecommunications, electronics, etc.