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 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.

Editorial Information

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