Editorial Information

Trinseo Celebrates 80th Anniversary of Synthetic Rubber Production

Company’s Schkopau, Germany site delivers innovative and consistent quality to tire manufacturer customers

HORGEN, Switzerland - Tuesday, June 13, 2017

Trinseo (NYSE: TSE), the global materials solution provider and manufacturer of plastics, latex binders and synthetic rubber, today is celebrating 80 years of synthetic rubber production in Schkopau, Germany close to its production site, which pioneered the commercialization of synthetic rubber and fostered its growth on an international scale.

Trinseo’s event for Schkopau employees, local partners (including associations and institutes) as well as government officials today is to thank all of the employees and local stakeholders who have made and continue to make the plant successful. The Company is also looking ahead to exciting projects that will ensure this plant remains in the vanguard of innovation for years to come.

During a series of additional events throughout this jubilee year, Trinseo will look back at some of the milestones achieved at Schkopau and will also celebrate this anniversary with its customers and partners in the future.

Celebrating ‘WIR’

The theme of the celebrations is ‘WIR’, which is German for ‘we’ or ‘us’. It captures the essence of the real team spirit at Schkopau, where employees have dedicated their careers to synthetic rubber research and manufacturing.

Most of Trinseo’s production goes to the tire industry and we have adopted some of their attributes: speed, innovation, team spirit, reliability and being forward-looking. This makes our teams innovative and dynamic, and they focus on speed of delivering continuously high-quality products.

The site underwent several periods of change during its history, such as name changes, changes of ownership and the expansion of the plant. The location of the site in Schkopau however, along with the expertise of the team, remains unbroken for the last 80 years.

From pioneer to innovator through team spirit

“At Schkopau we have a unique team with a proven long-standing commitment and dedication to customers – this spirit is a key to our success,” said Ralf Irmert, Managing Director Trinseo Deutschland GmbH.  “The growth witnessed at the site is phenomenal, as is our team spirit with close integration of operations, maintenance, technical service and development, supply chain management, research and development and the tech center. This offers us more flexibility and a quicker response time to meet customer demands.”

The upcoming S-SBR pilot plant, which begins operations in fourth quarter 2017, will shorten the time between development and industrialization. It allows Trinseo to be more efficient and flexible in developing high quality performance materials, and supports the Company in meeting increasing capacity demands. Innovations like this are only possible due to the strength of the teams on-site at Schkopau.

Further capacity expansions for Solution-Styrene Butadiene Rubber, coming in 2018, will add 50 KT of S-SBR capacity to the Schkopau site, increasing the company’s global S-SBR production by 33 percent. This is a direct response to customer demands and sustainability trends.

“The last 80 years has transformed Schkopau into the unique offering we have for the Synthetic Rubber industry, with a site that is able to deliver innovative and consistent quality. We have best in class, integrated assets and a strong knowledge base, which enable us to respond to industrial requirements and customers’ needs,” said Samer Al Jabi, Global Business Director Synthetic Rubber. Through this transformation, two things remain constant: our ties to the Schkopau plant and our team’s focus on our customers. The Schkopau plant has a bright future.”

Strong local ties

The Trinseo plant in Schkopau employs over 500 people and forms an important enterprise in the Saxony-Anhalt region. Not only does the site support local economy, it is one of the leading companies in the region with its strong focus on research and innovation. Out of all the Trinseo employees based in Schkopau, approximately 15 percent work in or for Research & Development.

Trinseo is committed to maintaining this strong local presence in the region and offers a high-quality apprenticeship program to young professionals who want to explore a career in the chemical industry in addition to working- with the local universities in joint projects.

Dr. Reiner Haseloff, Minister President of Saxony-Anhalt confirms the importance of Trinseo’s Schkopau plant for the region: “With several hundred jobs, Trinseo is an important employer in our federal state. I’m therefore glad Trinseo is expanding the synthetic rubber production here. This also applies to the commitment of Trinseo in the field of research and development, which is even more important in a region, where in-house R&D is still a novelty."

About Trinseo

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.

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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 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.

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