WebTrinseo Pauses Process for Sale of Styrenics Business. Business Wire-21.99%. Jul-19-22 09:00AM: Trinseo Introduces Sustainable ALTUGLAS R-LIFE Acrylics. Business Wire. Jul-14-22 08:21AM: Trinseo Announces Release Date and Conference Call for its Second Quarter 2024 Financial Results. WebThe proposed move follows Trinseo’s agreement in May to sell its synthetic rubber business based in Schkopau, Germany, to Poland’s Synthos for $491 million. The businesses concerned – including the share of Americas Styrenics – generated $153.5 million in adjusted EBITDA in 2024. Trinseo’s other business units are latex binders ...
Trinseo - Wikipedia
WebCompany Description: Hoping to cushion its parent companies' ride through bumpy economies, Americas Styrenics is part of Trinseo SA (the former styrene operations of Dow Chemical) and Chevron Phillips Chemical. The 50-50 joint venture makes styrene monomer and a number of polystyrene resins. WebMay 24, 2024 · May 24, 2024 3:23AM EDT. T rinseo ( TSE) has agreed to sell its synthetic rubber business to the US-based styrenics producer Synthos S.A. and its affiliates. Following the announcement, shares of ... inner beauty pocahontas
Trinseo - Trinseo Completes Sale of Synthetic Rubber …
WebNov 5, 2024 · HOUSTON (ICIS)–Trinseo has started exploring the divestures of its styrenics businesses and plans to start a formal sales process in the first quarter of 2024, US-based … WebFeb 15, 2024 · How sales did in 2024 for Chemours, Trinseo, Huntsman Plastics News Home February 15, 2024 04:01 PM Chemours, Trinseo, Huntsman see big sales improvements in 2024 Frank Esposito Senior Staff... WebTrinseo is also divesting its synthetic rubber business to Poland's Synthos in a deal valued at US$491 million and expected to close in 2024. In its third quarter 2024 financial results, net sales increased 87% versus prior year. Higher prices resulted in a 61% increase, mainly due to the pass through of higher raw material costs such as ... inner beauty effects