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Trinseo Unveils More Sustainable Latex Binders Solution

New latex binder for interior paints offers exceptional performance balanced with reduced environmental impact

BERWYN, Pa. - Friday, March 13, 2020

Trinseo (NYSE: TSE) a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, announced today the addition of a new low-to-zero volatile organic compound (VOC) latex to its LIGOS™ Binders product portfolio.

Trinseo’s newest offering, LIGOS™ C 9467 binder for interior paints, is an alkylphenol ethoxylate-free vinyl acrylic latex that combines maximum performance, including exceptional scrub resistance, touch up, and hiding performance, with low-to-zero VOC technology for reduced environmental impact. It is currently available in North America.

“At Trinseo, we are committed to delivering future-oriented solutions that meet unique market, application and processing needs,” said Lauren Pagano, Trinseo Global Business Director, CASE. “We designed LIGOS™ C 9467 to answer the demand for a more sustainable product that doesn’t sacrifice on performance. Not only does it help our customers reduce their environmental impact, formulations using Trinseo latex outperform similar products on the market by up to 700 scrub cycles.”

The new product, and the LIGOS™ portfolio, is part of Trinseo’s coatings, adhesives, sealants, and elastomers (CASE) business, focused on delivering future-oriented solutions that help customers meet their sustainability needs while designing products that address future trends and have true market differentiation. Trinseo’s CASE solutions include Styrene Butadiene latexes for roofing elastomerics that help reduce cooling costs and have remarkable adhesion to various substrates and bleed-through resistance, Styrene Acrylic latexes for masonry coatings that control moisture and structural damage, and bio-hybrid products for more sustainable interior paint primers.

“With over 70 years of experience in the latex binders business, we develop tailored, innovative solutions that address the individual needs of our customers—including performance, sustainability, regulatory, and economic issues—to drive their success,” Pagano said. “The CASE industry is a growth market for us, and we will continue to invest in our capabilities to service our customers and address significant megatrends including urbanization and sustainability.”

Trinseo acquired a new production facility in Rheinmunster, Germany, in late 2019. The acquisition expands Trinseo’s latex binders operation to nine manufacturing sites, four application lab facilities, and a global R&D hub strategically placed across the globe for production. The expanded network allows Trinseo to develop and produce new solutions, invest capital for technology upgrades, and optimize operations for the mix of products and chemistries most needed by CASE customers.

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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