Styrenix Performance Materials Limited Stocks

Styrenix Performance Materials Limited, a company founded in Vadodara, India, in 1973, is actively involved in the manufacturing, trading, and global distribution of engineering thermoplastics. Its business is structured across two main divisions: Specialties and Polystyrene. The firm's product range includes Absolac, a versatile plastic resin widely employed in the production of home appliances, automotive interior and exterior parts, consumer durables, and office equipment. Another offering, Absolan, finds its primary applications in stationery, cosmetic packaging, industrial goods, electrical devices, cosmetic jars, and various household uses. Additionally, Styrenix supplies general-purpose polystyrene, a transparent polymer essential for items such as TV light diffuser plates, XPS insulation boards, refrigerator drawers, medical labware, PSP packaging, CD jewel cases, disposable containers, and clothes hangers. Its high-impact polystyrene resin is integral to electronics goods, housing components, refrigerator liners, injection molds, beverage cups, dairy product packaging, sheets, disposables, yogurt bottles, and toys. The company underwent a name change in January 2023, transitioning from its former identity, INEOS Styrolution India Limited, to its present name. It operates as a subsidiary of Shiva Performance Materials Private Limited.