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Start-up of New Production Line Begins at Trinseo’s Zhangjiagang, China Plant

Established MAGNUM™ ABS brand now produced in and for the Asia Pacific market

BERWYN, Pa. - Tuesday, November 14, 2017

Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today the successful start-up of a MAGNUM™ ABS production line at the company’s  manufacturing plant at the Zhangjiagang, China site. Customers in Asia Pacific will now have their needs met for MAGNUM™ ABS in the auto, appliance, electronics, lighting and consumer goods markets.

Trinseo’s MAGNUM™ ABS is manufactured by a mass polymerization technology that delivers greater product stability and advanced properties. It can reduce costs for injection molding, sheet & profile extrusion, and self-coloring, while offering long lasting superior aesthetics in the final product.

“Production of MAGNUM™ ABS in China is an important milestone for Trinseo and the Asia Pacific market,” said Tim Stedman, SVP and Business President at Trinseo.  “We are delivering on our promise at Trinseo of providing our customers with a differentiated ABS product compared to other competitive resins produced in China today.” 

On November 21st, 2017 an official unveiling ceremony will take place at the Zhangjiagang site with local dignitaries, neighbor companies, business management and employees.

This investment further reinforces Trinseo’s commitment to serve customers in Asia Pacific by producing the established MAGNUM™ ABS brand. Trinseo will begin selling ABS from this plant in the fourth quarter of 2017.

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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