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API to Showcase New Sustainable TPU Material at SIMAC 2020

Sustainable, light TPU made with bio-based content

MUSSOLENTE, Italy - Tuesday, February 18, 2020

API, an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics which was acquired by global materials company Trinseo in July 2017, will be presenting the new expandable bio-based TPU APILONTM 52 BIO LIGHT at SIMAC Tanning Tech 2020, February 19-21, in Milan, Italy – Hall 14, Booth C48. In order to demonstrate the applications of this material solution, a slipper will be showcased during the trade show at API’s booth.

“We are very dedicated toward building a sustainable future, where complete circularity is attained through thoughtful innovation,” said Giancarlo Busa, Global Market Leader, Footwear. “What we are bringing to the SIMAC Tanning Tech 2020 is a TPU that is light, made with bio-based raw materials.

“This is another step Trinseo is taking towards meeting our sustainability goals, which also strengthens our already broad portfolio in luxury, athletic, and professional footwear. This is especially encouraging as we believe bio-based materials will become the de facto choice in luxury footwear by the year 2030.”

APILONTM 52 BIO LIGHT is an additional development by Trinseo in the expansion of its portfolio of sustainable materials, as it is the Company’s first lightweight thermoplastic polyurethane (TPU) made with bio-based content. The material reduces production cycle time by up to 60% compared to thermosetting materials like EVA, therefore cutting production costs and lowering energy consumption.

Moreover, its outstanding characteristics – lightness (density down to 0.4 g/cm3), softness (hardness between 35 and 50 shA), natural haptics with velvet touch, and sustainability – provide manufacturers with more options when it comes to bringing their designs to life in vivid colors. This is available through the in-house produced APICOLOR™, a color masterbatch allowing for a vast range of tone options.

Trinseo is a member of the European Bioplastics Association and its commitment to sustainability has been condensed in Bio & Beyond, a strategy to replace fossil-based materials with bio-based alternatives. Through Bio & Beyond, Trinseo also aims to continue supporting its fashion and footwear customers by helping them overcome material challenges, without hindering their creativity and expressivity. In the long run, Trinseo’s objective is to lessen the dependency on fossil fuels.

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.

Cautionary 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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