Trinseo Opens Its Polymethyl Methacrylate Depolymerization Facility In Rho, Italy

6/26/24 3:02:30 PM ET

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Depolymerization technology advances the circularity of acrylics, yields high-purity recycled monomer

Trinseo (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.

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Trinseo Announces Quarterly Dividend of $0.01 Per Share
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
11/21/24 2:19:00 PM ET
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Trinseo Announces Agreement to Sell Polycarbonate Technology License and Stade, Germany Polycarbonate Assets to Deepak Chem Tech Limited
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
11/13/24 9:00:00 AM ET
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Trinseo Reports Third Quarter 2024 Financial Results and Provides Fourth Quarter Outlook
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
11/6/24 5:16:00 PM ET
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Trinseo Announces Quarterly Dividend of $0.01 Per Share
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
11/21/24 2:19:00 PM ET
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Trinseo Reports Third Quarter 2024 Financial Results and Provides Fourth Quarter Outlook
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
11/6/24 5:16:00 PM ET
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Trinseo Announces Release Date and Conference Call for its Third Quarter 2024 Financial Results
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
10/31/24 8:03:00 PM ET
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Trinseo Appoints Han Hendriks to Chief Technology Officer Role
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
9/1/22 9:00:00 AM ET
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Trinseo Releases 12th Annual Sustainability & Corporate Social Responsibility Report
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
7/13/22 8:39:00 AM ET
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Trinseo Creates Two, Key Executive Leadership Team Roles; Appoints André Lanning to Chief Commercial Officer Role
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
2/21/22 10:00:00 AM ET
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Trinseo Opens Its Polymethyl Methacrylate Depolymerization Facility In Rho, Italy

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