Trinseo Provides Update on Status of Release to Waterway at Bristol Plant
March 27 2023 - 9:59AM
Business Wire
Material Not Detected in Initial Sampling Results
Trinseo PLC today provides the following update regarding the
accidental release of an estimated 8,100 gallons of latex emulsion
product from the Altuglas LLC manufacturing facility in Bristol,
Pennsylvania.
The release was the result of an equipment failure. Some of the
material overflowed the on-site containment system and entered a
storm drain, where it flowed to Otter Creek and then to the
Delaware River.
Trinseo personnel alerted federal, state, and local authorities
and immediately began to participate in the emergency response.
Because the material is highly water soluble, and the release
coincided with a period of rainfall, the material dissipated
quickly in the water. To assess potential impacts, water samples
were collected at designated locations. Results received to date
have not detected the released material.
Trinseo is continuing to work cooperatively with the U.S. Coast
Guard, U.S. EPA, Pennsylvania Department of Environmental
Protection, and local authorities to assess potential impacts and
any remedial measures to address the release.
Trinseo voluntarily paused all production operations at the
facility to devote its full resources to addressing the release and
to conduct a thorough review and analysis of all material-handling
processes and equipment at the Bristol facility. Trinseo will make
improvements as necessary to achieve a standard of environmental
excellence that its employees, investors and community expect and
that, to date, has been a hallmark of Trinseo’s business
performance.
Following an internal review of operations, Trinseo expects to
resume partial production within the next several days, and to
resume full production shortly thereafter. Trinseo is working to
minimize any potential customer impacts.
The Bristol facility manufactures acrylic resins for Trinseo’s
Engineered Materials business. The plant employs approximately 110
people.
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.
Cautionary Note on Forward-Looking Statements
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
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statements reflect management’s evaluation of information currently
available and are based on our current expectations and
assumptions, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230327005484/en/
For Editorial Information: Name: Paula Cooney Phone: 1
610-840-7967 Email: pcooney@trinseo.com Name: Shannon Callahan
Phone: 1 484-467-5611 Email: scallahan@trinseo.com
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