Styrenix Performance Materials Ltd. Stock Analysis STYRENIX.NS

Styrenix Performance Materials Ltd. engages in the manufacture and sale of engineering thermoplastics. The company is headquartered in Vadodara, Gujarat and currently employs 473 full-time employees. The firm 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 Absolan (SAN), which is a polymerized plastic resin produced from styrene and acrylonitrile, and mainly used for products such as lighting, stationery, novelties, refrigerators and cosmetic packing. The company 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 firm has manufacturing facilities at Nandesari, Moxi, Katol and Dahej in Gujarat.