Trinseo has begun work to explore the divestiture of its styrenics businesses and plans to launch a formal sales process in the first quarter of 2022. The scope of this potential divestiture is expected to include the Feedstocks and Polystyrene reporting segments as well as the Company’s 50% ownership of Americas Styrenics. The company had … Read more
Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, has entered into a binding agreement to purchase Arkema’s polymethyl methacrylates (PMMA) and activated methyl methacrylates (MMA) businesses, the company announced Monday. The transaction is valued at €1.137 billion (~$1.36 billion). “This acquisition will be a catalyst for portfolio transformation toward … Read more
Trinseo announced the initiation of a joint development project with Fernholz – a leading manufacturer of plastics packaging – to develop a high-quality Polystyrene (PS) product composed of 25% recycled material through a chemical recycling dissolution process. The collaboration is expected to have commercial viability by mid-year 2020. Trinseo announced at the industry renown K … Read more
Repsol, one of the largest energy companies, present in the entire value chain covering a wide range of petrochemicals’ production that includes styrene monomer, becomes a member of SCS. Repsol joins the four founding members of SCS (Styrenics Circular Solutions), INEOS Styrolution, Total, Trinseo and Versalis (Eni). SCS is now well established with producers of … Read more
Trinseo announced on Thursday that it has signed a definitive agreement with The Dow Chemical Company to acquire latex production facilities and related infrastructure at Rheinmunster, Germany. The transaction is expected to close in the second half of 2019, following European Union regulatory approval and customary closing conditions. Consideration for the transaction is approximately €40 … Read more