Corporate News

November 07, 2021

Trinseo Earns Frost & Sullivan’s Competitive Strategy Leadership Award for Supporting the Plastics Circular Economy

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics and latex binders, was presented with the 2021 Competitive Strategy Leadership Award by Frost & Sullivan, the premier global business strategy and consulting firm. Trinseo earned the recognition based on a recent independent analysis of its contributions to the circular economy in areas including strategy effectiveness, executive support, differentiation, stakeholder integration, customer purchase experience, price/performance and value, and brand equity.

“A circular economy is the future and Trinseo is committed to being part of it through the materials we offer,” said Francesca Reverberi, Senior Vice President and Chief Sustainability Officer of Trinseo. “As a company, Trinseo believes in using a science-based approach and technological innovation to provide cutting edge solutions, not only to customer challenges but to environmental issues and societal concerns. We are delighted that our dedication and efforts in the area of circularity are well recognized.”

Trinseo has been particularly active in styrenics circularity in recent years. Besides proactively working with customers to develop sustainably advantaged products, Trinseois a key contributor to various industry associations including, PlasticsEurope, American Chemistry Council, and Styrenics Circular Solutions. Trinseo also is a strong advocate of partnering with value chain stakeholders and believes that a circular economy can only be achieved through collaborative efforts.

“Trinseo’s pioneering efforts involving a 360‐degree approach toward circular polystyrene solutions that comprise advanced recycling, dissolution, and bio‐based feedstock‐derived resins enabled it to carve out an edge over the competition,” said Gautam Rashingkar, an industry analyst at Frost & Sullivan.

Trinseo formally mapped out an ambitious, measurable, achievable, and long-term sustainability journey in 2019 that included 15 sustainability goals grouped into 5 categories. Three of these goals focused on material solutions and its product portfolio:

By 2025, 30% of Trinseo’s technology and innovation/R&D efforts will be aimed at circular economy solutions
By 2030, 40% of Trinseo’s products will be sustainably advantaged
By 2030, 50% of Trinseo products will be used in applications that align with the United Nations Sustainable Development Goals (UNSDG)

The award further demonstrates Trinseo’s commitment to its sustainability goals and circularity.

For 60 years, Frost & Sullivan has been known for its business intelligence, research, and analysis services extending across 45 global offices, spanning 10 industries, 35 sectors, and 300 markets. The company applies a rigorous analytical process to evaluate multiple nominees in various award categories before determining its honorees. For more information, please visit 2021 Award Recipients | Frost & Sullivan Best Practice Awards.

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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