Editorial Information

Trinseo's New Development Brings Plastics Innovation to Terneuzen

Company completes two and a half year project aimed at inspiring growth and modernizing production

BERWYN, Pa. - Wednesday, September 27, 2017

Trinseo, (NYSE: TSE) the global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today the opening of its new Research and Development site in the city of Terneuzen, The Netherlands as part of its huge investment into the company’s future.

By modernizing two existing technical support center and research lab operations under one roof in Terneuzen, Trinseo has created a new Plastics Research Center that will house 180 non-manufacturing employees. This collaborative environment will help drive new plastics innovations within the company.

“Trinseo has a track record built on successful customer-driven innovations,” said Trinseo’s President and CEO, Christopher D. Pappas. “This project will enable Trinseo to drive these developments forward and extend our unique global asset base, helping us to serve our customers even better across Europe and the rest of the globe.”

The new facility will combine Trinseo’s European Development Center for Plastics with its supporting functions like Supply Chain, Environmental Health & Safety, Quality and Procurement, forming one of the company’s European logistical centers.

Trinseo already produces a range of products on the Terneuzen site, including styrene monomer, PC/ABS, ABS, and latex binders. These materials are produced to serve a range of industries, including automotive, construction and consumer products.

This new site will make the Terneuzen site the joint largest in Europe alongside Schkopau, Germany and bring a range of knowledge and expertise together; facilitating the creation of new innovations and providing a significant investment in the company’s future.

“Previously employees were scattered all over the industry park,” said Frans Kempenaars, director Trinseo Netherlands. “This new building works as an enabler for cross-functional projects. The combination of the open office space and the new Research & Development facility supports Trinseo’s plans to grow the Performance Material division by $100 million between 2016 and 2019.”

The city of Terneuzen and many local partners have helped Trinseo to realize this ambitious project, including facilitating infrastructure and providing specialized support. These partners and local dignitaries will be attending the opening celebration along with representatives from Trinseo’s Executive Leadership Team to celebrate the project’s success, both for Trinseo and the local area.

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 3,100 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 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.

Editorial Information

Get Exclusive Trinseo Content

Be the first to hear about new product information, company news, and more Trinseo updates conveniently via email!