INEOS Styrolution India Limited Approves Reconstitution of Committees of the Board of Directors
December 30, 2020 at 02:34 am EST
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INEOS Styrolution India Limited at its board meeting held on December 30, 2020, approved reconstitution of committees of the board of directors. The various Committees of the Board have been reconstituted: Audit Committee: Mr. Anil Shankar, Chairperson, Independent Director, Ms. Ryna Karani, Member, Independent Woman Director and Mr. Vinesh Sadekar, Member, Independent Director. Stakeholders' Relationship and Governance Committee: Ms. Ryna Karani, Chairperson, Independent Woman Director, Mr. Anil Shankar, Member, Independent Director, Mr. Robbie Alphons Maria Buntinx, Member, Non-Executive Director and Mr. Sanjiv Vasudeva, Member, Executive Director. Corporate Social Responsibility Committee: Mr. Anil Shankar, Chairperson, Independent Director, Mr. Vinesh Sadekar, Member, Independent Director and Mr. Sanjiv Vasudeva, Member, Executive Director. Nomination and Remuneration Committee: Ms. Ryna Karani, Chairperson, Independent Woman Director, Mr. Robbie Alphons Maria Buntinx, Member, Non-Executive Director and Mr. Anil Shankar, Member, Independent Director.
Styrenix Performance Materials Limited is an India-based company. The Company is a producer of Absolac (ABS). ABS is a plastic resin produced from Acrylonitrile, Butadiene & Styrene, used for manufacturing of home appliances, automobiles, consumer durables and business machines. The company is also a manufacturer of Polystyrene (PS) and ABSOLAN (SAN), which is a polymerized plastic resin produced from Styrene and Acrylonitrile, and mainly used for products, such as lightings, stationeries, novelties, refrigerators, and cosmetic packing. It is engaged in providing styrenic applications for various everyday products across a range of industries, including automotive, electronics, household, construction, healthcare, packaging, and toys/sports/leisure. Its products include Absolac ABS, Absolac High Heat ABS, Absolan SAN, GPPS, and HIPS. The Company operates its manufacturing facilities at Nandesari, Moxi, Katol and Dahej and research and development center at Moxi in Gujarat.
STYRENIX PERFORMANCE MATERIALS LIMITED 
