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Trinseo evaluating strategic alternatives for Germany polycarbonate unit

May 16/2019

MOSCOW (MRC) -- Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that the Company is evaluating strategic alternatives for its polycarbonate (PC) resin activities, as per the company's press release.

The Company has not set a timeline for this evaluation process.

Trinseo is fully committed to continue serving its customers in specialty polycarbonate applications, as well as polycarbonate compounds and blends - for industries including automotive, medical devices, durable goods, and consumer electronics.  The Companys Performance Plastics business segment continues to be a focus area for growth.

As MRC wrote before, Trinseo and its affiliate companies in Europe has announced a price increase for all polystyrene (PS). Effective May 1, 2019, or as existing contract terms allow, the contract and spot prices for the products listed below increased as follows:

    - STYRON general purpose polystyrene grades (GPPS) - by EUR50 per metric ton;
    - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) -by EUR50 per metric ton.

Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo's technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Formerly known as Styron, Trinseo completed its renaming process in 1Q 2015. Trinseo had approximately USD4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees.
Author:Margaret Volkova
Tags:Europe, PC, PS, GPPS, HIPS, sheet extrusion, Trinseo (Styron).
Category:General News
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