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TRINSEO PLC - 10-Q - Management's Discussion and Analysis of Financial Condition and Results of Operations

Trinseo swings to Q3 2022 net loss of US$119.8M from income of US$93.1M a year earlier on lower sales, higher cost of sales, SG&A costs, interest expense; net sales down 7.2% to US$1.18B on lower volumes amid economic uncertainty, customer destocking

TRINSEO PLC FILES (8-K) Disclosing Results of Operations and Financial Condition, Financial Statements and Exhibits

Trinseo evaluating its asset footprint, is considering closure of its styrene plant in Boehlen, Germany, optimization of its PC production and sourcing and its PMMA sheets business, and reduction of its SB Latex capacity in Hamina, Finland

Trinseo expects Q3 net income from continuing operations to be between negative US$123M and negative US$118M; Q3 results driven by high natural gas prices resulting in negative styrene margins, low customer demand in Europe and Asia

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