Thursday, January 26, 2012

Americas Styrenics Announces New CEO, Bradley Crocker

THE WOODLANDS, Texas - Thursday, January 26th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Americas Styrenics LLC (AmSty), the joint venture between Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) and Styron, today announced the appointment of Bradley Crocker as Chief Executive Officer, effective January 30, 2012.

Crocker served most recently as Chief Operating Officer of Lawter, Inc., following numerous assignments in the chemical industry at companies including Nalco Chemical Company, International Paper, and Momentive Specialty Chemicals.

“This is an exciting time for AmSty, as it transitions from a successful turnaround in its first three years, toward a focus on growth and profitability. On behalf of the AmSty Board of Directors, we are excited to have Brad join the AmSty team,” said Paul Moyer, Vice President and General Manager of Plastics for Styron.

“Brad’s appointment concludes a lengthy and careful selection process to find the right leader to bring AmSty to the next phase of its development as an industry-leading integrated producer of polystyrene and styrene monomer,” said David Smith, Vice President of Olefins & NGL for Chevron Phillips Chemical, and Chairman of the AmSty Board of Directors.

Crocker commented, “I’m excited to join such a dedicated and talented group of employees, with strong parent companies behind them, and a rich legacy of industry-leading performance.”

About Americas Styrenics LLC

Americas Styrenics is the largest integrated producer of polystyrene and styrene monomer in the Western Hemisphere, offering solutions and services to customers in a variety of markets throughout the Americas. Formed on May 1, 2008, it is a joint venture equally owned by Chevron Phillips Chemical Company LP and Styron, and is headquartered in The Woodlands, Texas. For more information about Americas Styrenics, visit www.amsty.com.

About Chevron Phillips Chemical Company LP

Chevron Phillips Chemical is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. The LLC and its affiliates own over $8 billion in assets and employ approximately 4,700 people at 40 manufacturing and research facilities in eight countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron Corporation and ConocoPhillips, and is headquartered in The Woodlands, Texas. For more information about Chevron Phillips Chemical, visit www.cpchem.com.

About Styron

Styron is a leading global materials company, dedicated to innovate and deliver for its customers. Styron's unique and balanced product portfolio brings together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users. Styron has a leadership position in its two flagship products, polystyrene and latex. The company benefits from global scale, a long-standing tradition of unrivaled customer relationships and a robust innovation pipeline. Styron has approximately $5 billion in revenue (2010), with 20 manufacturing sites in all geographies. Styron's 2,100 employees are committed to listen to customers' needs and provide them with innovative and sustainable solutions in markets such as appliances, automotive, building & construction, carpet, commercial transportation, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. More information about Styron can be found at www.styron.com.

Contacts

Americas Styrenics

Melanie Markowski, 1-281-203-5436

MMarkowski@amstyrenics.com

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