Trinseo (NYSE: TSE) a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced that its EMERGE™ Advanced Resins can be found in the Currant Smart Outlet, a smart home product manufactured by consumer electronics company Currant. With the smart outlet and a corresponding mobile app, consumers receive a breakdown of their power usage as well as personalized suggestions powered by artificial intelligence (AI) to help them reduce energy consumption.
Trinseo has been supplying EMERGE™ Advanced Resins for the application during the prototype stage and now in production. The materials can be seen throughout the application ranging from the outer housing to internal components.
Trinseo’s EMERGE™ Advanced Resins are specialty compounds that use Trinseo’s proprietary CALIBRE™ Polycarbonate Resins in their formulation. “This particular application shows the versatility of Trinseo’s CALIBRE™ Polycarbonate Resins as a base material,” said Tony Kam, TS&D technical development specialist at Trinseo’s Tsing Yi facility in Hong Kong. “The materials have all been designed to meet the specifications of each part or component, including design and weight requirements, UL safety standards, and aesthetics.”
Currant selected Trinseo for several reasons including for the company’s sample stock program, its ability to provide technical service support from prototype to mass production, and its ability to coordinate support seamlessly between North America and Asia Pacific.
Another reason for Currant’s choice was Trinseo’s color matching capability, including its ability to achieve an ultra-bright white. Trinseo’s color lab in Hsinchu, Taiwan as well as its newest color capabilities in Mussolente, Italy – resulting from its acquisition of Italian Thermoplastic Elastomer (TPE) manufacturer API Applicazioni Plastiche Industriali S.p.A. (API) – truly distinguish the company in the marketplace.
Currant makes smart home products that help people save energy. Coupling the latest technology with advanced AI capabilities, Currant makes it easy to view, analyze, and understand electricity usage, empowering consumers to change wasteful patterns without sacrificing comfort or convenience. CEO Hasty Granbery founded Currant in 2015 after he discovered that his toaster used more energy each day when it was idle than when it was making toast, and wanted a way to easily see how everything else in his house was affecting his energy bill. For more information visit https://www.currant.com/.
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.