Trinseo (NYSE: TSE), a specialty materials solutions provider,
is pleased to announce a distribution agreement with Omya, a
leading global producer of industrial minerals and worldwide
distributor of specialty chemicals.
Under the terms of the agreement, Omya will provide high-quality
ABS and PC/ABS resins to Trinseo automotive and mobility customers
in North America starting February 1, 2023. The materials are
offered under Trinseo’s well-known brands MAGNUM™ ABS Resins and
PULSE™ PC/ABS Resins.
Trinseo’s MAGNUM™ ABS Resins are differentiated in the
marketplace by continuous mass polymerization manufacturing
technology. ABS produced with this technology is purer, cleaner and
superior as compared to emulsion ABS, since the continuous process
results in a more consistent, stable and reliable product. In
addition, mass polymerization technology produces resins with a
highly consistent, white base color, resulting in a cost-efficient
resin for self-coloring because less pigment is required. Trinseo’s
PULSE™ PC/ABS Resins provide an ideal mix of mechanical, thermal,
and rheological properties for use in both high-performance
interior and exterior applications. They are approved for many
premium OEM specifications and provide strong technical features,
such as low density, low emissions, and high impact strength.
Trinseo sells specialty materials and sustainable solutions to
customers directly and through distribution channels, focused on
the mobility, building and construction, consumer goods, and
medical market sectors. Omya joins a network of Trinseo
distributors worldwide that support customer needs.
About Omya
Omya is a leading global producer of industrial minerals —
mainly fillers and pigments derived from calcium carbonate and
dolomite — and a worldwide distributor of specialty chemicals. Omya
provides a wealth of product solutions that contribute to its
customers’ competitiveness and productivity in multiple industries,
such as construction, printing & writing, technical polymers,
packaging, food, personal & home care, pharmaceuticals,
agriculture, forestry, water and energy. Founded in 1884 in
Switzerland, Omya has a global presence extending to more than 175
locations in over 50 countries with 8,000 employees. Committed to
implementing the principles of sustainability at all company
levels, Omya provides added value products and services from
responsibly sourced materials to meet the essential needs of
current and future generations. For more information, please visit:
www.omya.com.
About Trinseo
Trinseo (NYSE: TSE), a specialty materials 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.
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 such a difference
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230201005093/en/
Press Contact: Trinseo LLC Lisa Aiuto Tel : +1
810-618-2933 Email: laiuto@trinseo.com
Trinseo (NYSE:TSE)
Historical Stock Chart
From Apr 2023 to May 2023
Trinseo (NYSE:TSE)
Historical Stock Chart
From May 2022 to May 2023