Interim report January-June 2017
2016 was an eventful and expansive year for BEWi and the intensive pace, with manystrategic activities, continued during the first six months of 2017. We completed twoacquisitions, refinanced the Group and entered the final phase in completing a new productionline for manufacturing grey EPS. Running in and test production began in June. Commercially, the first six months was very trying as we experienced a historically highvolatility in the price of styrene. Sharp price increases during the first quarter were followed bysharp decreases during the second quarter. Pricing to