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Trinseo to Begin MAGNUM™ ABS Production in China in 2017

Driving Growth in Trinseo’s Basic Plastics and Performance Plastics Businesses

BERWYN, Pa. - Friday, October 14, 2016

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that Trinseo will begin production of MAGNUM™ ABS Resin at its Zhangjiagang, China site in 2017. 

The investment project, which began in 2015, is based on Trinseo’s proprietary process technology, which yields ABS of superior quality compared to competitive ABS resins produced in China today.  MAGNUM™ ABS delivers greater product stability -- which can reduce costs for molding, compounding, extrusion, and thermoforming -- while offering superior aesthetics in the final product.  

MAGNUM™ ABS is an ideal fit for automotive, buses/utility vehicles, appliances, electronics, consumer goods, furniture and sanitary applications, and building and construction applications where aesthetics are important.

“For end-use applications where looks matter, MAGNUM™ ABS will be an advantaged choice for customers in Asia who need to meet demanding customer aesthetics while keeping fabrication costs down,” said Francesca Reverberi, Business Director, Basic Plastics. “With MAGNUM™ ABS, customers in China and across Asia will be able to achieve production efficiencies and cost savings through greater product stability and color stability. This means peace of mind that customers will be able to deliver consistent color and finish, and superior end aesthetics every time.” 

Trinseo MAGNUM ABS Production

Trinseo’s MAGNUM™ ABS Resins (left side of photo) as compared to competitors’ emulsion ABS resins manufactured in China.

Trinseo’s continuous polymerization technology yields ABS of superior quality compared to competitive ABS resins produced in the region today.

“Production of Trinseo’s MAGNUM™ ABS in Zhangjiagang reinforces the long-term commitment of Trinseo’s automotive business to have local production of its global products in all major regions, further supporting our global partnerships with major OEMs,” said Dagmar van Heur, Vice President, Performance Plastics.

MAGNUM™ ABS offers a number of properties valued by molders and compounders in China and across Asia, including:

  • A purer white base color, with better color retention and stability over time
  • A more thermally stable product, with fewer black specks
  • A purer, lower gel product with less VOCs and residual impurities, and consequently lower odor, supporting better air quality in interior automotive applications
  • High impact resistance and durability over time
  • Superior surface aesthetics

Together, these properties will enable molders and compounders to consistently deliver a high quality part at a lower cost, due to:

  • Less pigment needed to achieve the right result
  • Less employee time needed to adjust the machines
  • Less machine downtime
  • Less wastage between batches

Learn more about MAGNUM™ ABS at http://www.trinseo.com/Products/Plastics/Products/MAGNUM-ABS.

About Trinseo

Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.8 billion in net sales with 2,700 employees globally in 2019. For more information, please visit: www.trinseo.com.

Note on Forward-Looking Statements

This press release may contain “forward-looking statements” including, without limitation, statements concerning plans, objectives, goals, projections, expectations, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts. Forward-looking statements may be identified by the use of words like “expect,” “estimate,” “will,” “may,” or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on the Company’s current expectations and assumptions regarding the impact from the COVID-19 pandemic, the Company’s business, the economy and other future conditions. Specific factors that could cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, risks related to the ongoing impact of the COVID-19 pandemic and those discussed in the Company’s Annual Report for the year ended December 31, 2019 filed with the Securities and Exchange Commission (“SEC”), in subsequent Quarterly Reports on Form 10-Q and in other filings and furnishings made by the Company with the SEC from time to time. Other unknown or unpredictable factors could also have material adverse effects on the Company’s performance. As a result of these or other factors, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof and are not a guarantee of future performance. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

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