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Trinseo Hosts Unveiling Ceremony for New ABS Plastics Production Line in Zhangjiagang, China

Local government officials and Trinseo management officiate event

HONG KONG - Wednesday, November 29, 2017

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, officially launched its ABS production line at its Zhangjiagang site, the Company’s latest strategic investment in China, with a unveiling ceremony.

Officiating guests of honor included Mr. Hu Jun, Vice Mayor of Zhangjiagang, Mr. Xu Jianbo, Deputy Secretary of Zhangjiagang Free Trade Zone Party Work Committee, Mr. Weng Yuren, Deputy Director of Zhangjiagang Free Trade Zone Administrative Committee and other departmental representatives of the government. They were joined by some of Trinseo’s senior management including Mr. Tim Stedman, Senior Vice President and Business President and Ms. Francesca Reverberi, Global Business Director, Basic Plastics. Neighboring companies, major suppliers, overseas Trinseo employees and Zhangjiagang site staff also joined the celebration.

The milestone event leaf included a lion eye-dotting ceremony, a festive and lively lion dance, as well as an activation ceremony. In his speech, Mr. Hu Jun encouraged Trinseo to continue with its development rooted firmly in Zhangjiagang and to practice the concept of sustainable development. Mr. Tim Stedman, in his welcome address, thanked the staff of Zhangjiagang for their hard work and dedication. He also noted that Trinseo had been operating in Zhangjiagang site for nearly two decades. The local government and neighboring companies have extended a lot of support for Trinseo. The Company knew when it  decided to grow and develop further in China, that choosing Zhangjiagang was the best option.

The joyful event concluded after the activation ceremony highlighting “MAGNUM™ ABS, Proudly Made in China” followed by rounds of applause and group photo taking.

Click below to watch a video of event highlights.

Video thumbnail from Zhangjiagang unveiling ceremony


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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