Editorial Information

20-Year Partnership Reaps Success for Yildiz Polimer and Trinseo

With a record amount of LIGOS Binders sold in 2017, Trinseo and their Turkish latex binders partner are flying high

HORGEN, Switzerland - Friday, August 24, 2018

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, celebrated the successes of a 20-year partnership this month.

In 1998, Trinseo began working with Yildiz Polimer, a latex binders distribution company located in Gaziantep, Turkey. Founder Yasar Erturhan partnered with Trinseo to promote the use of binders in the Turkish carpet market, and over the last two decades the relationship has grown and seen real success.

“Without Yildiz, Trinseo would need to be based in Gaziantep to service the multitude of small customers in the area,” said Inas Soliman, Binders Account Manager, Turkey and Middle East. “Yasar helps us immensely by frequently joining us as a participant at DOMOTEX – the world’s leading trade fair for floor coverings – in Hannover.”

For Yildiz Polimer, it has led to the opening of a brand new factory this month, with new tanks and an increased storage area.

This relocation will not only mean that their site is closer to their customers in the Gaziantep Organized Industrial Zone, meaning that they can provide local technical services, but that they can also customize, formulate, and produce compounds within their factory.

Both companies are celebrating a record year of LIGOSTM Binders distributed through Yildiz Polimer in 2017. The partnership continues to expand with Yildiz Polimer shortly beginning work with Trinseo’s Adhesives and Construction market.

About Gaziantep

Gaziantep is a region in South Eastern Turkey. Having recently experienced significant growth, the region has now become one of the world’s leading producers of machine woven carpets, representing over 90% of Turkish carpet production. There are approximately 250 carpet manufacturers in the region employing over 100,000 people.

About Trinseo

Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solutions to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.8 billion in net sales in 2019, with 17 manufacturing sites around the world, and approximately 2,700 employees. For more information visit www.trinseo.com.

Note on Forward-Looking Statements

This press release may contain “forward-looking statements” including, without limitation, statements concerning plans, objectives, goals, projections, expectations, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts. Forward-looking statements may be identified by the use of words like “expect,” “estimate,” “will,” “may,” or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on the Company’s current expectations and assumptions regarding the impact from the COVID-19 pandemic, the Company’s business, the economy and other future conditions. Specific factors that could cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, risks related to the ongoing impact of the COVID-19 pandemic and those discussed in the Company’s Annual Report for the year ended December 31, 2019 filed with the Securities and Exchange Commission (“SEC”), in subsequent Quarterly Reports on Form 10-Q and in other filings and furnishings made by the Company with the SEC from time to time. Other unknown or unpredictable factors could also have material adverse effects on the Company’s performance. As a result of these or other factors, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof and are not a guarantee of future performance. The Company undertakes 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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