Slide 1: Regulation 30 stock exchange announcement cover letter
December 09, 2024 To, BSE Limited National Stock Exchange of India Limited Dept. DSC_CRD Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No. C/1, ‘G’ Block, Dalal Street Bandra- Kurla Complex, Mumbai 400 001 Bandra (‘E’) Mumbai 400 051 BSE Scrip Code: 506222 NSE Symbol: STYRENIX Subject: Announcemen
Slide 2: SPA Sign-off for Acquisition of INEOS Styrolution (Thailand) Co., Limited
NSE: STYRENIX | BSE: 506222 SPA Sign-off for Acquisition of INEOS Styrolution (Thailand) Co., Limited
Slide 3: Plant gate photo of Styrenix facility
Slide 4: Synopsis
Synopsis Good presence in Thailand and in other Asian market Is in business of manufacturing and selling Specialty Plastic based products Products are used in various applications across various industries like Automotive, HH, Packaging etc., Opportunity for expansion, new product developmen
Slide 5: Strategic Rationale for Acquisition
Strategic Rationale for Acquisition Gives Global presence and Inorganic growth Target is almost in similar space of operations and product Better opportunities for market expansion outside India Better Product technology and product profile Benefits of synergies across companies due to dif
Slide 6: Turnaround Strategy
Turnaround Strategy Utilize full capacity available for ABS, SAN and RUBBER Improve market share in Thailand Additional Export sales opportunities to Asian markets for products produced in India Optimize utilities & fixed cost 5
Slide 7: Additional Details
Additional Details Additional details will be shared once the transaction is completed in early 2025. 6
Slide 8: For further information, please contact
For further information, please contact : Bhupesh P. Porwal - Chief Financial Officer bhupesh.porwal@styrenix.com KINDLY READ THE DISCLAIMER AT THE END OF THE PRESENTATION
Slide 9: Disclaimer
Disclaimer This presentation has been prepared by Styrenix Performance Materials Ltd. (“Styrenix” or the “Company”) solely for your information and may not be taken away, reproduced, or redistributed directly or indirectly, to any other person (whether within or outside your organization or firm) or
Slide 10: Disclaimer
Disclaimer No representation, warranty, guarantee or undertaking (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information, including any projections, estimates, targets and opinions, contained herein, and no liability whats