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), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainability-focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.

From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including consumer goods, mobility, building and construction, and medical.

Trinseo’s approximately 3,400 employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe, and Asia Pacific. Trinseo reported net sales of approximately $4.8 billion in 2021. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat.

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 future results to differ from those expressed by the forward-looking statements 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

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