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Trinseo PLC - TSE STOCK NEWS

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 globally recognized leader in the production of plastics, latex, and rubber. With a legacy spanning seven decades, Trinseo combines technological innovation with a customer-focused approach. The company operates through several key segments: latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and plastics solutions.

Trinseo's core business is centered around its Polystyrene segment which generates the majority of the company's revenue. This segment offers a variety of general-purpose polystyrenes and high-impact polystyrenes. These materials are crucial for applications in consumer electronics, food packaging, appliances, building materials, and more, providing performance and aesthetic value at a competitive cost.

The company’s operations are global, with significant revenue streams from Europe, and substantial presence in the United States and the Asia-Pacific region. Such a diversified geographical footprint allows Trinseo to cater to a broad spectrum of markets and reduce dependency on any single region.

Trinseo continues to innovate with recent projects aimed at enhancing sustainability and developing advanced materials. The company is engaged in partnerships and initiatives that push the boundaries of technology, ensuring that they remain at the cutting edge of material science.

In addition to their robust product portfolio, Trinseo's ongoing commitment to sustainability and technological advancement makes them a pivotal player in the global materials industry.

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Trinseo obtains $1.077 billion in secured term loan financing, refinancing existing debt. Positive outlook for long-term value and partnerships with investors.
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Trinseo (NYSE: TSE) reported a net loss of $349 million and diluted EPS of negative $9.93 for the second quarter of 2023. The company also announced restructuring actions expected to result in annual cost savings of $70-90 million in 2024. Net sales decreased by 32% compared to the prior year, with lower sales volume and lower prices cited as contributing factors.
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Trinseo launches INDURO™, a highly engineered continuous cast acrylic capped sheet designed as a durable material replacement for exterior panels in vehicles. It offers advantages in aesthetics, performance, and processability, with weather and UV resistance. INDURO™ provides exceptional gloss, chemical/scratch resistance, weatherability, and color fastness. It is uniformly pigmented, non-fading, and non-yellowing, making it suitable for harsh environments.
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Trinseo, a specialty material solutions provider, has released its 2023 Sustainability & Corporate Social Responsibility Report. Key sustainability data for 2022 includes a 24% reduction in greenhouse gas emissions, a 10% decrease in freshwater intake, and an increase in renewable energy sources to 13%. The injury rate was reduced to 0.25 per 200,000 hours worked, compared to an industry average of 3.30.
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FAQ

What is the current stock price of Trinseo PLC (TSE)?

The current stock price of Trinseo PLC (TSE) is $3.46 as of November 21, 2024.

What is the market cap of Trinseo PLC (TSE)?

The market cap of Trinseo PLC (TSE) is approximately 117.9M.

What is Trinseo PLC?

Trinseo PLC is a global leader in the production of plastics, latex, and rubber.

What products does Trinseo specialize in?

Trinseo specializes in general-purpose polystyrenes, high-impact polystyrenes, latex binders, engineered materials, and more.

Which segment generates the most revenue for Trinseo?

The Polystyrene segment generates the most revenue for Trinseo.

Where does Trinseo operate?

Trinseo operates globally, with significant revenue from Europe and presence in the United States and the Asia-Pacific region.

What are Trinseo's core business segments?

Trinseo's core business segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and plastics solutions.

What industries use Trinseo's products?

Industries include consumer electronics, food packaging, appliances, and building materials, among others.

How long has Trinseo been in business?

Trinseo has a legacy spanning seven decades.

Is Trinseo involved in sustainability projects?

Yes, Trinseo is engaged in sustainability projects and technological advancements.

What is the ticker symbol for Trinseo PLC?

The ticker symbol for Trinseo PLC is TSE.

How does Trinseo innovate in material science?

Trinseo partners with industry leaders and invests in projects to push technological boundaries and develop advanced materials.

Trinseo PLC

NYSE:TSE

TSE Rankings

TSE Stock Data

117.89M
33.61M
4.71%
66.4%
2.28%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
WAYNE