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Trinseo Receives Mass Balance Certification from ISCC

Trinseo announces mass balance certification for three material families

BERWYN, Pa. - Thursday, October 15, 2020
Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today that it received Mass Balance certification for three families of products it manufactures in Europe.

Trinseo Europe GmbH received the certification from the International Sustainability & Carbon Certification (ISCC), a globally applicable sustainability certification system that covers all sustainable feedstocks, including agricultural and forestry biomass, circular and bio-based materials and renewables, following an audit by TÜV Nord. ISCC’s mass balance system is designed to support bio-economy and circular economy initiatives, such as reduce reuse recycle which in turn will reduce negative impacts to natural resources and reduce climate emissions.

Mass balance is a chain of custody model designed to keep track of the total amount of input (e.g. sustainable feedstock) throughout the production cycle and ensure an appropriate allocation to the finished goods. For example, recycled feedstock replaces an equivalent amount of virgin feedstock at the beginning of the value chain (input) to be allocated to the product (output) in such a manner that the input and output match.

The certification was issued for three material families manufactured at three European sites: polystyrene from Tessenderlo, Belgium, polycarbonate produced in Stade, Germany and synthetic rubber from Schkopau, Germany.

“The mass balance certification is another step taken by Trinseo, as a material solutions provider, towards helping our customers reach their sustainability goals. I am proud that Trinseo does not simply talk about being sustainable or environmentally friendly, but it is taking a leadership role to drive sustainability in our industry. We will continue to invest in future-oriented solutions, from our product portfolio to our processes, in accordance to the 2030 Sustainability Goals we announced earlier this year,” said Andre Lanning, Vice President, Strategy, Corporate Development, Sustainability & Marketing Communications.

In July, Trinseo released its 2020 Sustainability & Corporate Social Responsibility Report and announced its 2030 Sustainability Goals on climate change, sustainable product portfolio, supplier and operational responsibility, and a sustainable workforce. Reaching a milestone celebrating its 10th anniversary this year, Trinseo believes it was high time to embark on an ambitious, measurable, and achievable longer-term sustainability journey, on which the mass balance certification represents a significant milestone.

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.

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.

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