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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), 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.

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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 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.

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