Styron May Be Considering Stock Offering

Midland, MI, March 9, 2011 — Styron Corp. is reportedly planning an initial public offering less than nine months after Bain Capital LLC bought the company from Dow Chemical Co. for $1.63 billion, according to a Reuters report, quoting anonymous sources.

Dow Chemical, based in Midland, still has 7.5% ownership of Styron, which, among other products, makes latex for the carpet industry.

Styron is likely to pick underwriters in the next few weeks, the report said.