United Statesamericas-styrenics.com
Americas Styrenics LLC (Americas Styrenics, often “AmSty”) is an integrated producer of styrene monomer and polystyrene in the Americas. Formed as a joint venture of Chevron Phillips Chemical Company and Trinseo, the company operates manufacturing and logistics assets primarily in the United States, with commercial reach across North and South America. Its product portfolio includes general-purpose and high-impact polystyrene resins used in packaging, appliances, consumer electronics, building and construction, and other applications.
AmSty’s operations span upstream styrene monomer production through downstream resin compounding and distribution, providing feedstock security and supply reliability for polystyrene customers. The company is also engaged in initiatives to increase polystyrene circularity, including development of recycled and advanced-recycling pathways intended to return polystyrene to styrene monomer for reuse.
Net loss $120M; adjusted EBITDA $81M; free cash flow negative $125M; advancing DIP-backed debt restructuring and restarted Americas Styrenics sale.
Q1 sales $725M (-8%); net loss $116M; Adjusted EBITDA $53M; Free Cash Flow -$244M; ending cash/liquidity $114M; added $50M to revolver; charges $31M
Price increases take effect Apr 1, 2026, or as governed by existing contract terms.
Q4 net loss of $251M, full-year loss of $546M. Sales down 19% in Q4, 15% annually. Restructuring costs impacted results. Adjusted EBITDA stable in Q4, down $41M annually.
Net loss of $110M, negative free cash flow of $38M. Plans to cease virgin MMA in Italy, close polystyrene in Germany, aiming for $30M profitability improvement.
