HORGEN, Switzerland – Trinseo (NYSE: TSE), a specialty materials and sustainable solutions provider, and one of the largest producers of polystyrene in Europe, announced thecommercialization of its STYRON X-TECH™ 4660 Polystyrene Resins for Extruded Polystyrene (XPS). The material allows customers in the Building & Construction industry to reduce material consumption in foam insulation boards through Trinseo’s patented cross-linked polystyrene technology.
“Customers are able to lower foam insulation board density without compromising compression strength with our STYRON X-TECH™ 4660 material,” said Alain Minelli, business manager of copolymers and polystyrene. “With extruded polystyrene insulation board, its closed cell foam structure is responsible for providing the long-term durability and rigidity that is needed. Trinseo’s new material impacts this structure by introducing increased melt strength to enhance performance and allow for raw material and cost savings.
“This innovative material was developed by Trinseo’s polystyrene R&D team, and it truly sets a new industry standard.”
Pictured: Trinseo's polystyrene research and development team who championed this inventive technology: Abidin Balan, Gilbert Bouquet and Luc Bosiers.
STYRON X-TECH™ 4660 Polystyrene Resin offers the same reliability and performance as previous resin formulations with greater sustainability advantage. It has been validated by several Trinseo partners who have been able to reduce weight of insulation board by approximately five percent, reducing carbon emisssions by a corresponding amount.
Trinseo is a significant innovator and investor in polystyrene technologies, recognizing the material’s recyclability and circularity potential. STYRON X-TECH™ 4660 Polystyrene Resin is the latest sustainable innovation that serves a growing demand in the marketplace resulting from the European Green Deal, which was adopted by the European Commission to focus on sustainability strategies on the continent.
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 or increased costs or disruption in the supply of raw materials; increased energy costs or 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.