Welcome to our dedicated page for Trinseo Plc news (Ticker: TSE), a resource for investors and traders seeking the latest updates and insights on Trinseo Plc stock.
Trinseo Plc (TSE) is a global leader in advanced materials manufacturing, producing polymers, latex, and rubber solutions for automotive, construction, and industrial applications. This page aggregates all official company announcements, press releases, and market updates to serve as a primary resource for stakeholders.
Access real-time updates on earnings reports, strategic partnerships, product innovations, and operational developments. Investors and industry professionals can efficiently track Trinseo’s market position, sustainability initiatives, and technological advancements through verified sources.
Content includes updates across Trinseo’s core segments: Latex Binders, Engineered Materials, and Polymer Solutions, with insights into R&D breakthroughs and regulatory compliance. Bookmark this page for streamlined access to critical updates influencing material science markets and Trinseo’s global operations.
Trinseo (NYSE: TSE) has launched its first recycled polystyrene product, STYRON™ CO2RE™ 687DI30, utilizing a new dissolution technology. This product contains 30% post-consumer recycled material and aims to support a circular economy by reducing waste. A lifecycle assessment revealed a 15% decrease in CO2 emissions compared to traditional polystyrene. Trinseo is also planning to build a recycling plant in Belgium to enhance polystyrene feedstock supply in Europe, furthering its commitment to sustainable manufacturing and environmental impact.
Trinseo (TSE) reported its financial results for the three months ending March 31, 2021. The company demonstrated solid revenue performance, highlighting increased net sales compared to the same period last year. The net sales increase is attributed to higher demand and improved pricing strategies. Trinseo remains optimistic about future growth opportunities as the market rebounds. The press release indicates the company is well-positioned to capitalize on emerging trends in the industry.
Trinseo (NYSE: TSE) has completed its acquisition of Arkema’s polymethyl methacrylates (PMMA) business, enhancing its portfolio in sectors like automotive and medical. This move aims to facilitate Trinseo's transformation into a more sustainable, high-margin solutions provider and is expected to generate approximately $50 million in annual synergies. The acquisition includes 860 new employees and expands Trinseo's manufacturing and R&D capabilities across North America and Europe, laying a robust foundation for future growth.
Trinseo (NYSE: TSE) has partnered with ETB to develop bio-based 1,3-butadiene from ethanol, aiming to enhance sustainable material solutions. The collaboration will focus on scaling ETB's unique process for producing synthetic rubber for green tires. A feasibility study for a dedicated pilot plant in Europe will assess the viability of achieving a 99.7% purity. This initiative supports Trinseo's transformation into a sustainable solutions provider. Recently, Trinseo achieved International Sustainability and Carbon Certification and is pursuing collaborations to enhance circular feedstocks.
Trinseo (NYSE: TSE) will host a conference call on May 7, 2021, at 10 a.m. ET to discuss its Q1 2021 financial results. President Frank Bozich and CFO David Stasse will provide insights followed by a Q&A session. Interested participants can register for the call or listen via webcast available 20 minutes before. The financial results will be released on May 6, 2021, after market close, and will be accessible through the Company’s Investor Relations website. Trinseo reported approximately $3.0 billion in net sales for 2020.
Trinseo (NYSE: TSE) has announced the pricing of $450 million in senior notes due 2029 and $750 million in incremental term loan borrowings. Proceeds will fund the acquisition of Arkema S.A.'s PMMA and MMA business. The senior notes carry a 5.125% interest rate, maturing on April 1, 2029, while the term loan will bear LIBOR plus 2.50%, maturing in May 2028. Estimated annual cash interest is projected at $83 million. The transaction signifies Trinseo's strategic expansion and commitment to enhancing its market position.
Trinseo (NYSE: TSE) announced a quarterly dividend of $0.08 per share, payable on April 22, 2021, to shareholders of record as of April 8, 2021. This dividend is subject to a 15% withholding tax under Luxembourg law, which Trinseo will deduct before payment. The company emphasizes tax considerations for shareholders, advising them to consult tax advisors regarding potential exemptions. Trinseo achieved approximately $3.0 billion in net sales in 2020, showcasing its strong market position in materials solutions.
Trinseo (NYSE: TSE) reported its Q4 and full-year 2020 financial results, revealing a 3% decrease in net sales for Q4 to $860 million and a 20% drop for the full year to $3.036 billion. Adjusted EBITDA for Q4 was $149 million, significantly higher than the previous year, while full-year net income fell to $8 million. The company is optimistic about 2021, expecting net income between $167 million and $200 million, and plans to strengthen its position through strategic investments and an upcoming acquisition of Arkema's MMA/PMMA business.
Trinseo (NYSE: TSE), a global materials solutions provider, announced it will host a conference call on February 4, 2021, at 10 a.m. ET to discuss its fourth quarter and full year 2020 financial results. CEO Frank Bozich and CFO David Stasse will lead the discussion, followed by a Q&A session. Interested participants can register for the call or webcast, with details available on the company's Investor Relations website. The financial results will be released on February 3, 2021, after market close, and a replay of the call will be accessible until February 4, 2022.
Trinseo (NYSE: TSE) has authorized a quarterly dividend of $0.08 per share, to be distributed on January 21, 2021, to shareholders on record by January 7, 2021. This dividend is subject to a 15% withholding tax under Luxembourg law, with the possibility of exemptions for certain shareholders. Trinseo is committed to delivering sustainable products across various markets, with net sales of approximately $3.8 billion in 2019 and a workforce of 2,700 employees globally.
