New AmSty Sustainability Report Details Innovation Journey

THE WOODLANDS, Texas – Thurs, July 20, 2023 – AmSty, the leading producer of styrene monomer, polystyrene and certified recycled polystyrene in the Americas, announces the release of its latest sustainability report, "Driving Sustainable Change." The report underscores the company's unwavering commitment to sustainability and highlights the transformative actions it has taken to promote environmental stewardship and social responsibility.

"The title speaks directly to our mission as a company. Sustainability is at the core of all we do and it's the right thing to do," said Dr. Randy Pogue, president & CEO of AmSty, which is celebrating its 15-year anniversary in 2023. "As part of that commitment, we prioritize actions that drive sustainable change, fuel innovation, build trust, improve operational efficiency and open doors to new opportunities."

Headquartered in The Woodlands, Texas, AmSty offers solutions and services to customers in multiple markets throughout the Americas. The company provides materials essential for making products that impact our everyday lives, like appliances, food packaging, home furnishings, medical products, insulation, tires, shoes and even solutions for water treatment.

"From product design and raw material procurement to manufacturing and logistics, our ongoing innovations in all areas make it possible to reduce the amount of material in products, accelerate plastic recycling and reduce energy consumption and air emissions," said Dr. Pogue. "Foundational to our sustainability efforts is the minimization of waste throughout our operations and supply chain. Our efforts in plastic recycling are also intended to reduce – and eventually eliminate – plastic waste in landfills."

Outlining progress toward its key priorities and goals, AmSty's new sustainability report details the importance of the sustainable features of the material it produces, its leadership in the industry as a pioneer in plastics circularity, its industry-leading safety performance and the company's commitment to operational excellence, corporate citizenship, a thriving and diverse workforce and community involvement.

Notable highlights in the report include:

• In 2013, AmSty designed and implemented a process at its Allyn's Point, Conn., plant to recycle polystyrene post-consumer waste. The end product is a blend of recycled and virgin polystyrene that customers use for a variety of applications. AmSty has recycled over 25 million pounds of polystyrene since 2014 and set a new annual record in 2022 approaching five million pounds per year, exceeding the previous annual record by 55 percent.
• In 2018 AmSty partnered with Agilyx – a plastics recycling technology company – to create the Regenyx joint venture in Tigard, Oregon. There, polystyrene foam is converted back to its original molecular form, with the resulting resin pellets used to make original products – with the same quality and durability. Polystyrene products like utensils, cups and food containers are made new again, instead of being tossed in the trash. Regenyx, recognized by the American Chemistry Council as a 2020 Sustainability Leader, is the first large-scale advanced polystyrene recycling system in the world.
• In 2022, AmSty signed a Memorandum of Understanding (MOU) with Encina Development Group, LLC (Encina) that will provide the opportunity to purchase up to 250,000 tons per year of circular feedstocks from Encina's facilities. AmSty plans to enter into additional offtake agreements to purchase circular feedstocks from those facilities.
• AmSty was the first U.S. company to work with the ISCC organization to apply their third-party certification system to recycled plastics in the U.S. ISCC stands for the International Sustainability and Carbon Certification and is the global gold standard for environmental, economic and social sustainability.
• AmSty's safety record – as measured by the Recordable Incident Rate (RIR) – is in the top quartile of chemical companies in the American Chemistry Council (ACC).

• Since its formation as a company, AmSty has consistently achieved top quartile environmental, health and safety performance within the industry.
• Looking to the future with a conversion from fossil fuel energy to renewables, AmSty constructed its first solar power project at the polystyrene plant in Cartagena, Colombia, with plans to install additional solar panels in 2023.

"This comprehensive report is a reminder of how far we've come as a company in our brief history and the bold actions we've taken to champion sustainability for a better future," said Richard Shaw, director of circular economy and sustainability at AmSty. "It also speaks to the contributions of our leadership, employees, contractors, customers and other stakeholders who share our vision and have been an important part of this journey."

"Driving Sustainable Change" is available at amsty.com. 

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About AmSty
AmSty is a leading integrated producer of styrene monomer and polystyrene, offering solutions and services to customers in a variety of global markets, and proud to be the leading producer of certified recycled polystyrene in the Americas. AmSty is a member of the American Chemistry Council and certified as a Responsible Care company. Headquartered in The Woodlands, Texas, AmSty is a joint venture equally owned by Chevron Phillips Chemical Company LP and Trinseo LLC.