News Release

INEOS Styrolution names Markus Fieseler new CFO

07/01/16

Frankfurt, Germany

INEOS Styrolution, the global market leader in styrenics, today announced the appointment of Markus Fieseler as the company’s new Chief Financial Officer, effective October 1st, 2016. Mr. Fieseler currently holds the position of CFO of BASF Mexico and Central America & Caribbean.

 “I am very pleased that Markus is joining our management board. He not only brings with him extensive international experience in finance and controlling in the chemical industry, but also a deep understanding of the styrenics industry as he had been intimately involved in the carve out from BASF during the formation of Styrolution”, comments Kevin McQuade, Chief Executive Officer, INEOS Styrolution. “I am very confident given his international stature that he will be an asset to us in continuing to execute our long-term growth strategy.”

Over the course of his 24-year career, Mr. Fieseler has held various management positions in finance, controlling and accounting at BASF SE in Mexico, Germany, Russia, the U.S. and Italy.   He succeeds Christoph de la Camp, who elected to leave INEOS Styrolution effective June 30, 2016.