Trinseo PLC

Trinseo Plc engages in the manufacture and sale of plastics and latex binders. It operates through the following segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment produces rigid thermoplastic compounds and blends products, soft thermoplastic products, and cast and sheet products. The Latex Binders segment creates styrene-butadiene latex. The Base Plastics segment manufactures a variety of compounds and blends, the majority of which are for automotive applications. The Polystyrene segment offers a variety of general-purpose polystyrenes and high impact polystyrenes. The Feedstocks segment deals with the production of styrene monomers in order to provide secure sourcing of this key raw material to the company’s other segments. The Americas Styrenics segment is composed of the operations of the company's owned joint venture with Chevron Phillips Chemical Company. The company was founded on October 8, 2021 and is headquartered in Wayne, PA.

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Trinseo PLC addresses challenges, focuses on sustainability amidst market headwinds

Trinseo PLC navigated challenges in Q4 2022, focusing on sustainability goals, integration of acquisitions, and strategic initiatives amidst macroeconomic headwinds. Despite facing subdued demand and market weakness, the company showcased resilience and commitment to ESG initiatives. Trinseo's proactive approach to enhancing its strategic position and addressing challenges positions it for future growth and opportunities.

Trinseo PLC faces sales decline but shows resilience in Q1

Trinseo PLC navigated challenges in Q1 with resilience in specialty resins and effective working capital management.
Despite lower sales volumes, the company generated strong cash flow and reduced working capital successfully.
Ongoing initiatives to improve cash flow and reduce costs are key strategies for future performance.
Maintaining liquidity and adapting to market conditions are crucial for Trinseo PLC's success in 2023.

Trinseo PLC reports resilient Q2 performance amidst challenges and opportunities

Trinseo PLC navigated lower sales volume in Q2 but maintained financial resilience with consecutive EBITDA growth. While facing challenges from debt refinancing and projected losses, the company is proactively pursuing cost-saving measures and asset evaluations. Opportunities lie in potential volume rebound, restructuring benefits, and market tailwinds.

Trinseo PLC reports Q3 challenges, eyes growth through sustainability

Trinseo PLC navigated challenges in Q3 2023 with flat sales volume and a net loss from continuing operations, offset by cost-saving initiatives and improved EBITDA.
The company's strengths lie in its focus on specialty and sustainable solutions, successful refinancing, and commitment to sustainability projects.
While facing a challenging outlook with projected net losses, Trinseo has opportunities to drive growth through strategic initiatives and market expansion.

Trinseo focuses on sustainability and cost improvements amidst 2023 challenges

Trinseo navigated 2023 challenges by enhancing cost positions and sustainability efforts.
Strong liquidity position and focus on disciplined cash management for 2024.
Q4 EBITDA impacted by seasonality, but Q1 expected to rebound significantly.
Opportunities lie in advancing sustainability goals and improving profitability.

Trinseo PLC reports improved Q3 profitability amidst operational challenges

Trinseo PLC's Q3 2024 performance reflected improved profitability and sales growth in sustainable products, despite challenges from unplanned outages.
The company's strategic initiatives and focus on cost efficiency position it well for future growth opportunities and market responsiveness.
While facing near-term challenges like slower market demand, Trinseo remains optimistic about leveraging restructuring efforts and pent-up demand for future success.

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Trinseo's heightened European exposure is currently working against it. Trinseo is highly geared, and the forward valuations still look pricey from an EV/EBITDA perspective.

Trinseo: The Good And The Bad

WAYNE, Pa.--(BUSINESS WIRE)-- #Trinseo--Trinseo (NYSE: TSE), a specialty material solutions provider, was recognized as a 2022 Champion of Board Diversity by the Forum of Executive Women at its leadership breakfast yesterday.

Trinseo Recognized as Champion of Board Diversity by Forum of Executive Women

Trinseo (TSE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Trinseo (TSE) Q3 Earnings Expected to Decline

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today released preliminary result estimates for third quarter of 2022.

Trinseo Provides Third Quarter 2022 Expected Results and Potential Profitability Improvement Initiatives; Announces Third Quarter 2022 Conference Call

Small-cap chemical and plastic maker Trinseo, tracked by the S&P 600 index, rose Thursday despite Morgan Stanley lowering the stock's price target.

Trinseo Gets A Downgrade But That Doesn't Stop It From Advancing

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced it has initiated an information and consultation process with the Works Council of Trinseo Deutschland GmbH regarding the potential closure of its styrene monomer production site in Boehlen, Germany. The facility, which has a nameplate annual capacity of 300 kilotons, generated negative profitability of approximately $30 million over the last four quarters ending Q2 2022. Frank Bozich, Pre

Trinseo Announces Potential Closure of Boehlen, Germany Styrene Plant

Trinseo ( TSE , Financial) is a small-cap specialty chemical company that operates businesses such as specialty plastics and latex binders. Most of its businesses share input commodities, operations, customers and industry end markets.

Trinseo: A Specialty Chemical Company Facing Challenges

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a new share repurchase program of up to $200 million of its ordinary shares, subject to certain parameters defined by the Board of Directors. This new authorization, which expires in 18 months, follows the repurchase of the full $200 million authorization from December 2021. All repurchases will be carried out by way of redemption in accordance with I

Trinseo Announces New $200 Million Share Repurchase Program

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE #innovation--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it has appointed Han Hendriks to the newly created role of Chief Technology Officer (CTO), effective Oct. 1, 2022. As CTO, Hendriks will be a member of Trinseo's executive leadership team and will be based in The Netherlands. In this role, he will drive the development of differentiated technology and innovation, allowing Trinseo to meet unfilled and unrecognized customer needs and de

Trinseo Appoints Han Hendriks to Chief Technology Officer Role

The quarter was weak (this was widely expected). The news bears seized upon was that the magnitude of the guide down for H2 was bigger than expectations. The 40% decline last quarter from ~$50 to ~$30 has been painful for shareholders of TSE, but for long-term investors, it provides an excellent entry point. The upside potential remains huge.

Trinseo: Biggest Dislocation Puts The Bottom In Place

Trinseo PLC (NYSE:TSE ) Q2 2022 Earnings Conference Call August 9, 2022 10:00 AM ET Company Participants Andrew Myers - Director of IR Frank Bozich - President and CEO David Stasse - EVP and CFO Conference Call Participants Frank Mitsch - Fermium Research David Begleiter - Deutsche Bank Mike Leithead - Barclays Hassan Ahmed - Alembic Global Advisors Angel Castillo - Morgan Stanley Matthew Blair - Tudor, Pickering, Holt and Company Eric Petrie - Citi Operator Good morning, ladies and gentlemen and welcome to the Trinseo Second Quarter 2022 Financial Results Conference Call. We welcome the Trinseo management team Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Trinseo PLC (TSE) CEO Frank Bozich on Q2 2022 Results - Earnings Call Transcript

Trinseo (TSE) delivered earnings and revenue surprises of -11.39% and 3.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Trinseo (TSE) Q2 Earnings Lag Estimates

BERWYN, Pa.--(BUSINESS WIRE)---- $TSE #earnings--Trinseo (NYSE: TSE):                   Three Months Ended     June 30, $millions, except per share data   2022   2021 Net Sales   $ 1,426   $ 1,274 Net Income from continuing operations     37     133 EPS from continuing operations (Diluted) ($)     1.00     3.35 Adjusted Net Income*     66     147 Adjusted EPS ($)*     1.79     3.70 EBITDA*     141     216 Adjusted EBITDA*     164     239 ___________________ *For a reconciliation of EBITDA, Adjusted EBITDA, and Adj

Trinseo Reports Second Quarter 2022 Financial Results and Updates Full-Year Outlook

Trinseo (TSE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Trinseo (TSE) Surges 6.5%: Is This an Indication of Further Gains?

BERWYN, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, announced today it has decided to pause the sale of its styrenics business (the “Business”). In November 2021 the Company announced that it had begun work to explore the divestiture of the Business and subsequently launched a formal sales process in the first quarter of 2022. The scope of the potential divestiture was expected to include the Feedstocks and Polystyrene reporting segments as well as the Co

Trinseo Pauses Process for Sale of Styrenics Business

HORGEN, Switzerland--(BUSINESS WIRE)-- #Materials--Trinseo, a specialty material solutions provider, announced its new series of sustainably-advantaged materials for the European marketplace -- ALTUGLAS™ R-Life Acrylics. ALTUGLAS™ R-Life is an umbrella brand that will include chemically and mechanically recycled, reused, and bio-based polymethyl methacrylate (PMMA) for cast and extruded sheets, resins, and compounds. The series launched with the following: ALTUGLAS™ R-Life Extruded Acrylic Sheets – with a m

Trinseo Introduces Sustainable ALTUGLAS™ R-LIFE Acrylics

BERWYN, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2022 financial results on Tuesday, August 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) se

Trinseo Announces Release Date and Conference Call for its Second Quarter 2022 Financial Results

BERWYN, Pa.--(BUSINESS WIRE)---- $TSE #sustainability--Trinseo (NYSE: TSE), a specialty material solutions provider, announced the release of its 2022 Sustainability & Corporate Social Responsibility (CSR) Report which showcases the Company's transformational journey throughout 2021 and accelerated the progress toward its 2030 Sustainability Goals. The Company's 12th annual Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards Core Option. GRI is the leading independe

Trinseo Releases 12th Annual Sustainability & Corporate Social Responsibility Report

BERWYN, Pa.--(BUSINESS WIRE)---- $TSE #packaging--Trinseo (NYSE: TSE), a specialty materials solution provider, announced that it has been working with CEDAP, an expert in plastic film extrusion and thermoforming, to provide food contact compliant recycled polystyrene (rPS) for the yogurt cups of the French brand Les 300 Laitiers Bio since April 2022. The brand is a holding of Eurial Ultra-Frais, the European agricultural cooperative. The material used for the application is Trinseo's STYRON™ CO2RE™ CR55 Polystyre

Trinseo and CEDAP Support Eurial Ultra-Frais with Recycled Polystyrene for Yogurt Pots

HORGEN, Switzerland--(BUSINESS WIRE)---- $TSE #circularity--Trinseo (NYSE: TSE), a specialty material solutions provider, and GMP Group (GMP), a circular business innovations company in the Netherlands, announced jointly today their intended concerted efforts in further unlocking the circularity of polystyrene (PS). PS is a common material used in numerous applications, including packaging and consumer goods. Food-contact PS is an ideal material for food packaging, and recycled food-contact PS helps contribute to th

Trinseo and GMP to Establish a Recycling Plant in Europe

Trinseo Starts its Journey Towards Automated PCF Calculation across its Entire Portfolio with Atos

HORGEN, Switzerland--(BUSINESS WIRE)---- $TSE #materials--Trinseo (NYSE: TSE), a specialty material solutions provider, and Atos today announced that Trinseo has started using Atos' recently launched digital solution to identify and monitor the carbon footprint of its entire portfolio. This will enable Trinseo to deliver superior product data on the carbon footprint of its products to its customers and accelerates Trinseo's net-zero ambitions and carbon transparency commitments. From June 2022 until the end of thi

Trinseo Starts its Journey Towards Automated PCF Calculation Across its Entire Portfolio with Atos

Trinseo PLC is a global materials solutions provider and a manufacturer of plastics and latex binders. I believe that checking Trinseo's business model right now is very appropriate. The company is in a process of consolidation and transformation.

Trinseo: Synergies, Diversification, And A Great Plan Make It A Buy

Trinseo PLC (NYSE:TSE ) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Andrew Myers - Director of Investor Relations Frank Bozich - President and Chief Executive Officer David Stasse - Executive Vice President and Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research David Begleiter - Deutsche Bank Hassan Ahmed - Alembic Global Advisors Lawrence Alexander - Jeffries Angel Castillo - Morgan Stanley Matthew Blair - Tudor, Pickering, Holt & Company Operator Good morning, ladies and gentlemen, and welcome to the Trinseo First Quarter 2022 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO, David Stasse, Executive Vice President and CFO, and Andy Myers, Director of Investor Relations.

Trinseo PLC's (TSE) CEO Frank Bozich on Q1 2022 Results - Earnings Call Transcript

Trinseo (TSE) delivered earnings and revenue surprises of 20.23% and 0.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Trinseo PLC Stock (TSE)