Corporate News

October 25, 2021

Trinseo Expands Footwear & Fashion Portfolio with Bio TPU for Sustainable Leather Alternative

Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics and latex binders, announces the launch of two sustainably-advantaged material grades dedicated to footwear and fashion. These new materials are aligned with Trinseo’s 2030 Sustainability Goals that 40% of its products will be sustainably advantaged.

Trinseo developed two sustainable Thermoplastic Polyurethane (TPU) families – the APILON™ 52 BIO TL and TNE, tailored for sustainable synthetic leather, produced respectively through coagulation, and extrusion - calendaring process. Containing up to 50% bio-based content, these materials provide luxury brands an alternative bio-textile to animal and synthetic leather, and they are suitable for applications such as footwear, as well as fashion apparel & accessories. Along with physical and mechanical properties similar to conventional alternatives made with PVC and PU, these bio-based grades also provide a soft touch resembling natural leather.

“Our TPU solutions for footwear and apparel have long been successful in meeting the highest standards of aesthetics, durability and, above all, sustainability. APILON™ 52 BIO TL and TNE series offer high-quality and sustainable solutions for footwear and apparel applications. As the footwear and apparel industry evolves, we are eager to be part of the movement toward a more sustainable future," said Aldo Zanetti, Global Market Leader Footwear, Medical & Personal Care

These two series are designed in a response to market needs. These sustainable TPU are GMO-free and contain about 50% bio-based content. Trinseo’s new sustainable materials provide a combination of sustainability, durability, softness, flexibility, and high quality, all the while maintaining an easy processability.

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.

Forward Looking Statements:

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.