“This added capacity supports Trinseo’s mold-in color, paint replacement solution,” said Olivier Bourgeois, Resins Business Director, Engineered Materials EMEA. “There’s a growing interest in this solution -- particularly with Automotive customers – since it improves a process and provides important performance benefits including durability, scratch resistance, and gloss and color retention. From a sustainability perspective, it also eliminates volatile organic compounds (VOCs) attributed to the paint process replaced by this solution.”
The new compounding line enables Trinseo to have a more agile response to changing market conditions with a more flexible production unit; Trinseo will also improve its capacity to serve customers with specialty and sustainable solutions by almost doubling its capacity over the next three years, while also improving product performance with low dust content. The new production line is also contributing Trinseo’s 2030 Sustainability Goals achievement with lower water and electricity consumption.
As Trinseo continues its journey to become a specialized solutions provider, the company is investing into capabilities that further support this transformation. The new asset will enable Trinseo to better serve cross-industry customers with a complete range of acrylic based specialty compounds.
In addition to PMMA resins, Trinseo produces MMA in Rho and Porto Marghera, Italy. Other European PMMA plants are at Saint-Avold, France where cast sheet and blocks are produced, and Bronderslev, Denmark, where cast sheet is manufactured. Trinseo owns four PMMA manufacturing assets in the United States and one in Mexico.
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 and Facebook.
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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.