Styron begins operations as a materials company with global reach. The company, a former business division of The Dow Chemical Company, announced on June 18 the new company's direction following the close of its sale to Bain Capital Partners on June 17. As a privately held company, Styron has a product portfolio bringing together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users. The company has approximately 3.7 billion dollars in revenue (based on 2009 data), with 20 manufacturing sites and 1,900 employees based in 30 countries.