Trinseo (NYSE: TSE), the global materials company and manufacturer of plastics, latex binders and synthetic rubber, will introduce a broadened medical portfolio when it exhibits at the COMPAMED trade show in Dusseldorf, Germany from November 14 – 17, 2016 at booth L39 in Hall 8B.
Trinseo continues to expand its plastics portfolio for medical applications beyond polycarbonate-based compounds to medical grade styrenics. This includes its newest plastic, STYRON™ 2678 MED Polystyrene Resin, a general purpose polystyrene (GPPS) offering the versatility of polystyrene with the assurance of biocompatibility and a three year extended notification of change. STYRON™ 2678 MED is ideal for clear packaging, diagnostic components, petri dishes and test kit housings.
Trinseo will continue to highlight its MAGNUM™ ABS Resins and EMERGE™ Advanced Resins for applications including single- and multiple-use drug delivery devices and equipment housings. The company’s ABS offers the advantage of mass polymerization technology which results in lower residual monomers, exceptional purity, brilliant whiteness, and lot-to-lot consistency.
“Companies need plastics that support today’s trends in medical device design such as light weighting, aesthetic appeal, durability and cost reduction,” said Wassim Berrak, European medical business manager. “Trinseo’s portfolio of biocompatible plastics ranging from transparent polystyrene to ABS to glass-filled polycarbonate to chemical resistant blends offers customers the variety they seek along with the ability to choose materials having very specific requirements, most cost effectively.”
Trinseo supports the medical market through its Consumer Essential Markets (CEM) unit, part of its Performance Plastics business. Last month, Trinseo achieved a milestone when it became ISO 13485 certified as “manufacturer and developer of medical compounds” at its medical production facilities in Stade, Germany and Hsinchu, Taiwan and also in ancillary functions including Research & Development, Technical Service & Development, Sales, Quality and Procurement. This certification indicates Trinseo’s commitment to the medical devices business and strategic alignment with its customers’ objectives.
Earlier this year the company introduced a new production and fulfillment model featuring custom medical compounding in Asia Pacific complementing medical compounding in North America and Europe. These facilities are sourced with polycarbonate base resins from Trinseo’s highest quality, medically-equivalent resins produced in Germany and also by its joint venture partner, Sumika Styron Polycarbonate Limited, in Japan.
To arrange a meeting with Trinseo onsite at COMPAMED 2016 contact Paula Biskup, global business communications manager.
Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber 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, building and construction, and tires. Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: www.trinseo.com.
Cautionary Note on Forward-Looking Statements
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 the timing of the proposed acquisition of the Arkema MMA and PMMA business (the "Acquisition"); estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities and cost synergies relating to the Acquisition, 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 failure to complete the Acquisition or meet the conditions to closing, including antitrust, works council and other regulatory approvals; the failure to obtain the financing necessary to fund the Acquisition and the impact of the substantial indebtedness to be incurred; costs related to the Acquisition; following the Acquisition, our ability to successfully integrate the acquired businesses, generate expected cost savings and synergies, maintain relationships with customers, retain key employees and profitably grow the business; 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.