Moody's lowers Styrolution view to negative

Moody's Investors Service said it changed the outlook on the B2 corporate family rating of Styrolution Group GmbH to negative from stable.

The decision to change the outlook follows weaker-than-expected financial performance in the second and third quarters of 2011, Moody's said.

The agency said it expects this trend to continue into the first half of 2012 given the general slowdown in end-user markets, especially in Europe where the company generates half of its revenues.

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