On December 19, ICIS Chemical Business magazine announced its annual ICIS Top 40 Power Players 2016 — a global ranking of the leading senior executives making the greatest positive impact on their companies and the industry through investments, shifts in business models, mergers and acquisitions, and innovation.
Trinseo President and CEO, Chris Pappas, increased his position by 29 from 2015, placing him in the top 10 among a total of 40 Power Players.
“Pappas has seen the stock of Trinseo more than double since it began trading on the New York Stock Exchange in 2014 and the company is one of the top performers from a shareholder value perspective in 2016,” said Will Beacham, deputy editor of ICIS Chemical Business.
“Trinseo benefitted from the discipline it and others imposed on the styrenics market, which had been in the doldrums for well over a decade. … It is also expanding production of solution styrene butadiene rubber (SSBR) used to make tyres that improve fuel efficiency,” said Beacham.