Styrolution today announced new appointments to its management board, the formation of a new global business unit for styrene monomer and a regional focus on the company's polymer business.

Key points:

Styrolution will establish a global business unit dedicated to styrene monomer. Regional business units will now focus exclusively on strengthening Styrolution's leading market position in polymers.

Steve Harrington has been appointed president of the global styrene monomer business unit effective February 1, 2013. Mr. Harrington has been working in the styrenics industry since 2005, holding various commercial roles within several Ineos businesses with territorial responsibilities including: Africa, the Middle East and Russia. Most recently, he led Styrolution's styrene monomer business in the Americas. Mr. Harrington holds a degree in chemistry from Hull University and currently serves as chairman of the Styrene Information and Research Center.

Kevin McQuade has been appointed president, Europe, Middle East and Africa effective March 1, 2013. Mr. McQuade currently serves as president, Americas at Styrolution. During his over thirty-year career, he has held management positions at Ineos Nova, BASF and Mobil Chemical Company. Mr. McQuade holds chemical engineering degrees from The Cooper Union and the University of Delaware, as well as an MBA from New York University. He will continue to lead the Americas polymers business on an interim basis until his successor assumes his new role in June 2013.

Dr. Alexander Glueck has been appointed president, Americas effective June 1, 2013. Dr. Glueck has a career spanning 19 years at BASF having held management roles in Europe and Asia. He currently serves as Styrolution's senior vice president, global strategy, R&D, and procurement. Dr. Glueck received his PhD in chemistry from Ludwig-Maximilians-Universität in Munich, Germany.

All three individuals will serve in their new roles on Styrolution's management board together with the board's existing members, Roberto Gualdoni (chief executive officer), Christoph de la Camp (chief financial officer) and Hyung Tae Chang (president, Asia Pacific).