April 18, 2023
(press release)
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Company Expands Styrenics Portfolio Based on Mass Balance
"As customers focus on sustainable solutions, Trinseo continues to invest in technologies that offer an alternative to materials based on traditional feedstocks," said
Trinseo's bio ABS solutions combine fossil-based feedstocks with renewable feedstocks according to a mass balance process. In the BIO 95 material a 92% product carbon footprint (PCF) reduction is attained by replacing fossil-based monomers with bio alternatives. In the BIO 60 and BIO 80 formulations, fewer feedstocks are replaced and the PCF reduction is 58% and 77% respectively. The new BIO 95 material, as well as the others in the MAGNUM™ ABS BIO Series, qualifies as a Trinseo CO2NET™ product indicating a PCF reduction of 50% or greater over the equivalent fossil-based products. Besides sustainably-advantaged ABS, Trinseo's bio based styrenics includes STYRON™ CO2RE™ BIO Polystyrene and TYRIL™ CO2NET™
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
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
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