Trinseo (NYSE: TSE), a specialty material solutions provider, will highlight its VOLTABOND™ Binders product portfolio at the Battery Show Europe in Stuttgart, Germany, from June 28 – 30 at booth 10-C40.
Trinseo’s portfolio of high-performance binders play an essential role in battery functionality by improving low-temperature cell performance and cycling behavior. VOLTABOND™ Binders enable a safe, non-toxic, aqueous-based coatings process that is considered sustainably advantaged compared to more common alternatives.
“As a strategic partner for battery innovations, we are committed to delivering forward-looking solutions that go beyond materials to improve the entire battery value chain and therefore boost the global energy transformation,” said David Zhu, Global Battery Business Manager, Trinseo. “The lithium-ion battery industry is a growing market, and we will continue to invest in our capabilities worldwide to serve our customers and address industry objectives, including minimizing impurities, reducing capacity loss, improving energy consumption, and enabling recyclability.”
Trinseo’s second appearance at the European Battery Show comes soon after the Company’s ISCC certification for Mass Balance at its Terneuzen, The Netherlands, plant in October 2021, which certifies the Company’s styrene butadiene products with sustainability declarations. Trinseo is also Mass Balanced certified for its styrene butadiene and styrene acrylic products at its Rheinmünster, Germany, site. Based on demand, the Company is exploring expanding the number of Latex Binders plants for Mass Balance certification.
Trinseo’s Latex Binders business operates a strong global network consisting of nine manufacturing sites, four application lab facilities, and a strategically placed global R&D hub, offering local support and security of supply to its customers. It is the largest producer of latex binders in Asia and Pacific countries.
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.
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 estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities and cost synergies relating to the acquisition of the MMA and PMMA businesses from Arkema S.A.; 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 such a difference include, but are not limited to, our ability to successfully integrate the acquired MMA and PMMA businesses, generate expected cost savings and synergies, maintain relationships with customers, retain key employees and profitably grow the business; 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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