Styrolution to close U.S. polystyrene plantStyrolution to close U.S. polystyrene plant

Germany-based Styrolution is planning to close its polystyrene (PS) plant in Indian Orchard, MA by the end of this year. Closing this plant will cut PS production by about 150,000 tons and will affect 58 jobs.  The company said the closure comes following years of overcapacity in the North American polystyrene market, which have also impacted Styrolution, making it necessary for the company to take action to secure this business for the future.