Trinseo plc

05/24/2022 | Press release | Distributed by Public on 05/24/2022 05:24

Trinseo Shares Expertise in Sustainable Materials Development

Trinseo Shares Expertise in Sustainable Materials Development at The Greener Manufacturing Show in Atlanta

Trinseo: "All Material Solutions Can Be Sustainable"

BERWYN, Pa.- Tuesday, May 24, 2022

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics and latex binders, will participate in the Greener Manufacturing Show in Atlanta, Georgia, June 8 and 9.

In addition to exhibiting at Booth 904, the company will share its expertise in developing sustainable material solutions for brand owners in industries including building & construction, consumer electronics, home appliances, medical, and mobility. The company's approach is centered on pursuing advancements in mechanical recycling and chemical recycling, the development of bio products, and product design to meet sustainability objectives. Examples of Trinseo products that enable sustainable product design are ENLITE™ Structural Polymers for metal replacement to reduce weight, i.e., lightweighting, and PLEXIGLAS® Acrylic Resin mold-in-color technology for automotive trim to eliminate the time and expense of finishing and painting.

Trinseo Sustainability Business Leader, Sarmenio Saliba, is on the agenda to present "The Transformation of a Plastics Manufacturer towards Circularity." In his presentation he will highlight the importance of a corporate commitment to sustainability to help customers achieve sustainability aims. Saliba will share Trinseo's 2030 Sustainability Goals - a series of strategic, ambitious, and achievable goals that drive its sustainable solutions development efforts, including:

  • By 2025, 30% of technology and innovation and R&D efforts will be aimed at circular solutions
  • By 2030, 40% of products will be sustainably advantaged and 50% of products will be used in applications that are aligned with the United Nations' Sustainable Development Goals (UNSDG)

Also on the agenda is Walter van het Hof, Industry Affairs, Public Policies & Sustainability Reporting Leader, who will present "Trends & Developments towards Circularity and the Implications." In addition to summarizing trends, van het Hof will share regulatory developments and industry expectations and his experience driving sustainability efforts for Trinseo globally and how the company anticipates on these.

A leader in the development of circular solutions, Trinseo is recognized for its achievements and has received much attention in Europe for its support of the packaging industry with sustainable materials. The company's focus at the Greener Manufacturing Show will be on its portfolio of bio-based and recycled content containing solutions, such as MAGNUM™ BIO ABS, PULSE™ ECO PC/ABS, EMERGE™ ECO PC, and ALTUGLAS™ R-Life Acrylic Resins.

About Trinseo

Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics and latex binders with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, and building and construction. Trinseo had approximately $4.8 billion in net sales in 2021 and has 26 manufacturing sites and one recycling facility around the world and approximately 3,400 employees. For more information, please visit: www.trinseo.com.

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This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like "expect," "anticipate," "intend," "forecast," "outlook," "will," "may," "might," "see," "tend," "assume," "potential," "likely," "target," "plan," "contemplate," "seek," "attempt," "should," "could," "would" or expressions of similar meaning. Forward-looking statements reflect management's evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause such a difference include, but are not limited to, our ability to successfully execute our transformation strategy and business strategy; our ability to integrate acquired businesses; global supply chain volatility, increased costs or disruption in the supply of raw materials or increased costs for transportation of our products; the nature of investment opportunities presented to the Company from time to time; and those factors discussed in our Annual Report on Form 10-K, under Part I, Item 1A -"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.