Editorial Information

Trinseo Partners with CEDAP on Polystyrene Application Development

BERWYN, Pa. - Friday, January 31, 2020

Trinseo (NYSE: TSE), the global materials company and manufacturer of plastics, latex binders, and synthetic rubber, announced today its collaboration with CEDAP, a leading specialist in sheet extrusion for the packaging industry. The partnership seeks to advance the implementation of recycled polystyrene (PS) used in food packaging applications by utilizing chemically recycled PS to develop and test food grade recycled PS packaging.

Trinseo will also collaborate with CEDAP lending technical expertise to support the development of a 100% PS made yogurt container. CEDAP is currently participating in a project, which aims to create a mono material yogurt container, including the label, lid, and pot. This project is spearheaded by the consortium Citeo, including Plastiques Venthenat (PV), Amcor, and Triballat.

“This is an exciting collaboration that Trinseo is lending technical, processing and performance expertise on,” said Nicolas Joly, Global Business Director, Polystyrene and Feedstocks at Trinseo. “The implementation of a recycled PS in food grade packaging is coming closer to reality as we work hand in hand with the packaging industry. Furthermore, the development of a mono material yogurt pot would enable greater ease of recyclability and in turn unlock the opportunity for a new life in other applications via chemical or mechanical recycling of PS.”  

Trinseo’s Engagement in PS Recycling

Trinseo is highly engaged in several partnerships and initiatives to close the loop on PS recycling, namely:

Full PS circularity is a game changer, offering a unique potential for closed loop recycling – with two fewer steps than recycling of other polymers. Depolymerization is an innovative technology for PS recycling, which has already proven to bring polystyrene waste back into a monomer – unlocking the intrinsic circularity of PS even further. In turn, PS circularity is particularly advantageous as it diverts waste material away from landfills, leading to a reduction in greenhouse gases and harmful emissions.

In North America, Trinseo’s joint venture, Americas Styrenics (AmSty), recently formed a joint venture with Agilyx, named Regenyx LLC, dedicated to fully recycling post-consumer polystyrene materials back into new polystyrene products. Through Regenyx, AmSty is providing customers with PS recycled from a monomer state, from post-consumer waste, known as PolyUsable™.

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.

Editorial Information

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