Trinseo S.A., a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in the United States, Europe, the Asia-Pacific, and internationally. The company operates through six segments: Latex Binders, Synthetic Rubber, Performance Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Latex Binders segment offers styrene-butadiene, styrene-acrylate, vinylidene chloride, and butadiene-methacrylate latex products for the carpet and artificial turf markets, as well as performance latex products for the adhesive, building and construction, and technical textile paper market. The Synthetic Rubber segment provides styrene-butadiene rubber, emulsion styrene-butadiene rubber, nickel polybutadiene rubber, and neodymium polybutadiene rubber for use in tires and modifiers, as well as technical rubber products, such as conveyor belts, hoses, seals, and gaskets. The Performance Plastics segment offers engineered compounds and blends for the automotive, consumer electronics, medical, electrical, building and construction, appliance, and lighting markets. This segment also offers acrylonitrile-butadiene-styrene, styrene-acrylonitrile, and polycarbonate solutions; and soft-touch polymers and bioplastics, such as thermoplastic elastomers. The Polystyrene segment provides general purpose polystyrenes and high impact polystyrene for use in appliances, food packaging and food service disposables, consumer electronics, and building and construction materials. The Feedstocks segment offers styrene monomer, a basic building block of plastic. The Americas Styrenics segment provides styrene and polystyrene. Trinseo S.A. was founded in 2010 and is based in Berwyn, Pennsylvania.
IPO Year: 2014
Exchange: NYSE
Website: trinseo.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/4/2023 | $22.00 → $9.00 | Buy → Hold | Jefferies |
| 8/11/2022 | $42.00 → $34.00 | Buy → Hold | Deutsche Bank |
| 3/30/2022 | $60.00 | Buy | Deutsche Bank |
| 7/21/2021 | $72.00 | Hold → Buy | TD Securities |
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in dive
Trinseo (NYSE:TSE) (Trinseo or "the Company"), a specialty materials solutions provider, today announced it has entered into agreements to supply a polycarbonate technology license as well as all proprietary polycarbonate production equipment in Stade, Germany to a wholly owned subsidiary of Deepak Nitrite Limited (Deepak) for use in India. Deepak, headquartered in Vadodara, Gujarat, India, is a multi-division and multi-product chemical intermediates company. "While Trinseo recently announced its decision to exit virgin polycarbonate production, our polycarbonate technology is highly valued and the manufacturing equipment in Stade, Germany, can be utilized in India by Deepak," said Frank
Third Quarter 2024 and Other Highlights Net loss of $87 million, including pre-tax restructuring and other charges of $26 million related to recently announced restructuring initiatives, and EPS of negative $2.47 Adjusted EBITDA* of $66 million was $25 million higher than prior year Cash provided by operations of $9 million and capital expenditures of $12 million resulted in Free Cash Flow* of negative $3 million, a sequential improvement of $53 million. Third quarter Free Cash Flow* included a $16 million decrease in trade working capital Third quarter ending cash of $167 million, of which $2 million was restricted, with approximately $177 million of additional available liquidity
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President of Corporate Development, Investor Relations and Treasury. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registratio
Business and support function consolidation as well as exit of virgin polycarbonate production expected to result in $45 million to $50 million of annualized profitability improvement Trinseo (NYSE:TSE) (Trinseo or "the Company"), a specialty materials solutions provider, today announced restructuring initiatives to better position the business for longer-term growth, improved profitability, and increased cash generation. Effective October 1, 2024, the Company is combining the management of its Engineered Materials, Plastics Solutions and Polystyrene businesses, resulting in a reduction in workforce due to the consolidation of business management roles and support functions. These actions
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on October 24, 2024, to shareholders of record as of the close of business on October 10, 2024. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in dive
Second Quarter 2024 and Other Highlights Net loss of $68 million and EPS of negative $1.92 Adjusted EBITDA* of $67 million, including a $10 million unfavorable impact from net timing; Adjusted Net Loss* of $52 million, reflecting year-over-year and sequential profitability improvement Cash used in operations of $42 million and capital expenditures of $14 million resulted in Free Cash Flow* of negative $56 million. Second quarter Free Cash Flow* included a $12 million increase in working capital Second quarter ending cash of $108 million, of which $2 million is restricted, with approximately $244 million of additional available liquidity under two committed financing facilities w
Trinseo PLC ("Trinseo" or "the Company")(NYSE:TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm. The facility, which is collateralized by trade receivables originated by Trinseo and its subsidiaries, replaces a prior financing facility of the same size that matures in November 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240718388261/en/ "We are thrilled to have the support
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, August 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Vice President of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listening only,
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced a correction to its previously issued press release dated June 27, 2024, under the headline "Trinseo Announces Quarterly Dividend of $0.01 Per Share". The previous press release contained a typographical error which erroneously indicated that the record date for the dividend was payable to shareholders of record as of the close of business on "July 7, 2024" rather than the correct record date of July 8, 2024. Other than this correction, there are no other changes to the previous press release. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas t
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it has appointed Han Hendriks to the newly created role of Chief Technology Officer (CTO), effective Oct. 1, 2022. As CTO, Hendriks will be a member of Trinseo's executive leadership team and will be based in The Netherlands. In this role, he will drive the development of differentiated technology and innovation, allowing Trinseo to meet unfilled and unrecognized customer needs and develop sustainable solutions across Trinseo's innovation pillars. "We are delighted to have Han join us during this critical moment in our company's transformational journey to become a specialty material solutions provider," sai
Trinseo (NYSE:TSE), a specialty material solutions provider, announced the release of its 2022 Sustainability & Corporate Social Responsibility (CSR) Report which showcases the Company's transformational journey throughout 2021 and accelerated the progress toward its 2030 Sustainability Goals. The Company's 12th annual Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards Core Option. GRI is the leading independent organization providing a common language and framework for public sustainability reporting. Additionally, the report incorporates the Sustainability Accounting Standards Board (SASB) Standards, and for the first time, the Task Forc
Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics and latex binders today announced that it has created two new Executive Leadership Team positions – the roles of Chief Technology Officer (CTO) and Chief Commercial Officer (CCO). "As we continue our journey to transform into a specialty solutions provider and as part of an effort to define a path forward, we have created two critical Executive Leadership roles as catalysts towards achieving our goals," said Frank Bozich, Trinseo President and Chief Executive Officer. "The role of CTO will drive the development of differentiated technology and innovation that allows Trinseo to meet unfilled and unrecognized custome
Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics and latex binders today announced that Paula Cooney will assume the role of Senior Vice President, Chief Human Resources Officer (CHRO) effective November 29, 2021. Cooney will be responsible for all human resource activities at Trinseo globally and will also become a member of Trinseo's Executive Management team. The role will be moved from Switzerland to North America and Cooney will replace Trinseo's current Switzerland-based SVP, CHRO, Alice Heezen, who will be leaving the company. "I want to thank Alice for the many contributions she has made to Trinseo over the years and wish her the best in her future endea
Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics and latex binders today announced that Francesca Reverberi will assume the newly created role of SVP and Chief Sustainability Officer. Effective immediately, in this new role, Reverberi is responsible for enhancing Trinseo's leadership position in sustainability by continuing to build out its portfolio of sustainable chemistries and driving its corporate and businesses strategies in this very important area. Reverberi is charged with propelling the company towards accomplishing its ambitious 2030 Sustainability Goals centered around increasing the sustainability of its product portfolio and operations, minimizing i
Close of acquisition marks a major step in Trinseo's transformation to becoming an advanced specialty and sustainable solutions provider Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today the closing of the previously announced transaction to acquire Arkema's polymethyl methacrylates (PMMA) business. PMMA is a transparent and rigid resin with a wide range of end uses that augments Trinseo's existing offerings across several end markets including automotive, building and construction, medical and consumer electronics. A compelling strategic fit that will accelerate transformation This acquisition serves as a cat
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in dive
Third Quarter 2024 and Other Highlights Net loss of $87 million, including pre-tax restructuring and other charges of $26 million related to recently announced restructuring initiatives, and EPS of negative $2.47 Adjusted EBITDA* of $66 million was $25 million higher than prior year Cash provided by operations of $9 million and capital expenditures of $12 million resulted in Free Cash Flow* of negative $3 million, a sequential improvement of $53 million. Third quarter Free Cash Flow* included a $16 million decrease in trade working capital Third quarter ending cash of $167 million, of which $2 million was restricted, with approximately $177 million of additional available liquidity
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President of Corporate Development, Investor Relations and Treasury. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registratio
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on October 24, 2024, to shareholders of record as of the close of business on October 10, 2024. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in dive
Second Quarter 2024 and Other Highlights Net loss of $68 million and EPS of negative $1.92 Adjusted EBITDA* of $67 million, including a $10 million unfavorable impact from net timing; Adjusted Net Loss* of $52 million, reflecting year-over-year and sequential profitability improvement Cash used in operations of $42 million and capital expenditures of $14 million resulted in Free Cash Flow* of negative $56 million. Second quarter Free Cash Flow* included a $12 million increase in working capital Second quarter ending cash of $108 million, of which $2 million is restricted, with approximately $244 million of additional available liquidity under two committed financing facilities w
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, August 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Vice President of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listening only,
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced a correction to its previously issued press release dated June 27, 2024, under the headline "Trinseo Announces Quarterly Dividend of $0.01 Per Share". The previous press release contained a typographical error which erroneously indicated that the record date for the dividend was payable to shareholders of record as of the close of business on "July 7, 2024" rather than the correct record date of July 8, 2024. Other than this correction, there are no other changes to the previous press release. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas t
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on July 22, 2024 to shareholders of record as of the close of business on July 7, 2024. About Trinseo Trinseo (NYSE:TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in diverse mat
First Quarter 2024 and Other Highlights Net loss of $76 million and EPS of negative $2.14 Adjusted EBITDA* of $45 million, including a $13 million favorable impact from net timing; Adjusted Net Loss* of $69 million Cash used in operations of $66 million and capital expenditures of $16 million resulted in Free Cash Flow* of negative $82 million. First quarter Free Cash Flow* included a $61 million increase in trade working capital driven by seasonal factors and a more than 50% increase in styrene monomer prices First quarter ending cash of $171 million, of which $5 million was restricted, with approximately $252 million of additional available liquidity under two undrawn, committ
Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2024 financial results on Thursday, May 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listening only, please regi
Jefferies downgraded Trinseo from Buy to Hold and set a new price target of $9.00 from $22.00 previously
Deutsche Bank downgraded Trinseo from Buy to Hold and set a new price target of $34.00 from $42.00 previously
Deutsche Bank resumed coverage of Trinseo with a rating of Buy and set a new price target of $60.00
TD Securities upgraded Trinseo from Hold to Buy and set a new price target of $72.00
Morgan Stanley resumed coverage of Trinseo with a rating of Equal-Weight and set a new price target of $67.00
Alembic Global Advisors reiterated coverage of Trinseo with a rating of and set a new price target of $80.00 from $60.00 previously
Citigroup reiterated coverage of Trinseo with a rating of and set a new price target of $60.00 from $54.00 previously
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
4 - Trinseo PLC (0001519061) (Issuer)
SC 13G - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
SC 13D - Trinseo PLC (0001519061) (Subject)
SC 13D - Trinseo PLC (0001519061) (Subject)
SC 13G - Trinseo PLC (0001519061) (Subject)
SC 13G/A - Trinseo PLC (0001519061) (Subject)
8-K/A - Trinseo PLC (0001519061) (Filer)
10-Q - Trinseo PLC (0001519061) (Filer)
8-K - Trinseo PLC (0001519061) (Filer)
8-K/A - Trinseo PLC (0001519061) (Filer)
8-K - Trinseo PLC (0001519061) (Filer)
144 - Trinseo PLC (0001519061) (Subject)
10-Q - Trinseo PLC (0001519061) (Filer)
8-K - Trinseo PLC (0001519061) (Filer)
8-K - Trinseo PLC (0001519061) (Filer)
8-K - Trinseo PLC (0001519061) (Filer)
Depolymerization technology advances the circularity of acrylics, yields high-purity recycled monomerTrinseo (NYSE:TSE), a specialty material solutions provider, announced today the opening of its polymethyl methacrylate (PMMA) depolymerization facility in Rho, Italy, on June 25. The pilot facility represents a significant step forward in the Company's commitment to sustainability, as the next-generation recycling technology helps advance a circular infrastructure for acrylic solutions and is aligned with Trinseo's 2030 Sustainable Product Portfolio Goals.
2024 OutlookSecond quarter 2024 net loss of $53 million to $38 millionSecond quarter 2024 Adjusted EBITDA of $60 million to $75 millionCommenting on the second quarter outlook, Bozich said, "We are seeing the positive earnings momentum from the end of the first quarter continue into the second quarter, including similar sales and margin levels to start the quarter. I am confident in a significant sequential profitability improvement as the turnaround at Americas Styrenics is behind us, and as we enter the seasonally stronger period for many of our building and construction applications. Additionally, there has been continued tightness in the styrene and MMA markets that is supportive of cont
Trinseo (NYSE:TSE) reported quarterly losses of $(1.94) per share which beat the analyst consensus estimate of $(1.98) by 2.02 percent. This is a 92.08 percent decrease over losses of $(1.01) per share from the same period last year. The company reported quarterly sales of $904.000 million which beat the analyst consensus estimate of $857.000 million by 5.48 percent. This is a 9.26 percent decrease over sales of $996.300 million the same period last year.
Americas Styrenics LLC is a joint venture with Chevron Phillips Chemical Company LP. Any proceeds from the sale are expected to be used to pay down a portion of the recently issued $1.077 billion of term loans maturing in 2028. The company expectd the exit process to lead to a definitive arrangement no later than early 2025.
Trinseo's (NYSE:TSE) short percent of float has fallen 3.6% since its last report. The company recently reported that it has 744 thousand shares sold short, which is 3.48% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.14 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is impo
Shares of IPG Photonics Corporation (NASDAQ:IPGP) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued soft first-quarter guidance. IPG Photonics posted GAAP earnings of 89 cents per share, versus market estimates of 95 cents per share. The company’s quarterly sales came in at $298.90 million versus expectations of $286.12 million. IPG Photonics shares dipped 11.2% to $92.06 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers Ohmyhome Limited (NASDAQ:OMH) shares climbed 300% to $4.80. BioNexus Gene Lab Corp. (NASDAQ:BGLC) got a boost, surging 270% to $1.52. Digital Brands Group, Inc. (NASD
2024 OutlookFirst quarter 2024 net loss from continuing operations of $77 million to $67 millionFirst quarter 2024 Adjusted EBITDA of $40 million to $50 millionCommenting on the outlook for 2024, Bozich said, "We are seeing stronger order loads to begin the year following the challenges we faced in the fourth quarter, and therefore, we expect significantly higher sequential profitability in the first quarter of 2024. However, we view first quarter profitability as the low point of the year due to seasonally lower volumes and turnaround activity in the first quarter, as well as the timing of newly awarded business."Bozich continued, "The unprecedented drop in demand we saw starting in the thi
Trinseo (NYSE:TSE) reported quarterly losses of $(2.99) per share which missed the analyst consensus estimate of $(1.33) by 124.81 percent. This is a 73.84 percent decrease over losses of $(1.72) per share from the same period last year. The company reported quarterly sales of $837.50 million which missed the analyst consensus estimate of $853.00 million by 1.82 percent. This is a 14.12 percent decrease over sales of $975.20 million the same period last year.
Trinseo (NYSE:TSE) reported its Q4 earnings results on Monday, February 12, 2024 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Trinseo missed estimated earnings by 124.81%, reporting an EPS of $-2.99 versus an estimate of $-1.33. Revenue was down $137.70 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.07 which was followed by a 5.74% increase in the share price the next day. Here's a look at Trinseo's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.96 -0.39 -0.69 -1.45 EPS Actual -1.03 -1.92 -1.01 -1.72 Revenue Estimate 973.00M 1.09B 1.08B 1.07B Revenue Act