June 13, 2023
(press release)
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Pfaeffikon, Switzerland –June 13, 2022 – Trinseo (NYSE: TSE), a specialty materials solutions provider, is set to showcase its sustainable portfolio at the 2023 Plastics in Automotive Engineering (PIAE) tradeshow in Mannheim, Germany. The event which runs from June 21 to 22 is the largest of its kind, focusing on automotive plastics – a crucial sector in the mobility industry. Trinseo will highlight its recycled-content-containing ALTUGLAS™ R-Life V825T Acrylic Resin and its MAGNUM™ BIO ABS Resin with 95 percent bio-attributed content. ALTUGLAS™ R-Life V825T is a family of sustainably advantaged injection molding grade acrylics with broad applicability in the automotive industry and beyond, available in clear, red, and black. The resins are available with either chemically or mechanically recycled feedstock and offer outstanding optical properties, UV stability, scratch resistance and colorability in line with their all-prime equivalents. ALTUGLAS™ R-Life V825T is offered with a minimum of 35% recyclate for mechanical recycling, and a minimum of 50% recyclate for chemical recycling. Trinseo is also introducing its MAGNUM™ ABS Resins with 95 percent bio-attributed content. This solution was made available in late 2022 and is offered in addition to Trinseo’s existing ABS bio formulations made with both 60 and 80 percent bio-attributed content. MAGNUM™ BIO ABS is produced by mixing bio-attributed feedstock with fossil-based polymers during polymerization according to ISCC+ mass balance principles. The material is structurally and functionally the same as its fossil-based counterpart and can be used with existing tooling and equipment, requiring no material requalification. “As the needs of our mobility partners evolve, so does our portfolio,” said Frank Schumann, Global Segment Director, Mobility. “As part of our commitment to sustainability, Trinseo has introduced enhanced flagship grades for automotive – PULSE™ GX ECO PC/ABS Engineering Resins, MAGNUM™ ABS BIO Resins, MEGOL™ ECO and BIO TPS Compounds — and now ALTUGLAS™ R-Life V825T Acrylic Resins. This emphasizes Trinseo’s commitment not only to our corporate sustainability goals, but also to helping our partners achieve theirs. We are not stopping here, as sustainability continues to be a worldwide priority.” About Trinseo Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably 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 building and construction, consumer goods, medical and mobility. 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 $5.0 billion in 2022. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat. This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, 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," “believe,” "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 investigate and remediate chemical releases on or from our sites, make related capital expenditures, reimburse third-party cleanup costs or settle potential regulatory penalties or other claims; our ability to successfully execute our business and transformation strategy; increased costs or disruption in the supply of raw materials; increased energy costs; our ability to successfully generate cost savings and increase profitability through asset restructuring initiatives; compliance with laws and regulations impacting our business; conditions in the global economy and capital markets; and those 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, performance or achievements 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.
Introducing ALTUGLAS™ R-Life V825T and MAGNUM™ ABS BIO95
Cautionary Note on Forward-Looking Statements
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