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Trinseo Continues To See Interest in Animal-Derivative-Free Medical Plastics

Market grows with a focus on ethical souring, sustainability and safety concerns

BERWYN, Pa. - Tuesday, October 31, 2017

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, continues to see an emphasis in the marketplace on medical grade resins that are free of animal-derived raw materials.

The concern over bovine-free materials and products began nearly a decade ago in response to the highly-publicized bovine spongiform encephalopathy (BSE), commonly known as mad-cow disease. Interest in removing animal content from plastics has continued with a growing emphasis on ethical sourcing and sustainability.

According to Neal Wassberg, Trinseo’s director of product stewardship, who oversees product safety and regulatory tracking, this doesn’t necessarily mean that customers who currently use a product with a raw material from bovine sources need to switch materials or that the product is unsafe.

“Materials containing animal-based derivatives are subject to more stringent scrutiny,” said Wassberg. “This takes time and, from a regulatory perspective, materials with a vegetable-based composition don’t require this complex screening process.”

Trinseo has animal-derivative-free offerings for all of its medical grade plastics. An example of a typical animal-based substance that could be found in a plastic resin might be a mold release additive which uses a raw material derived from animal tallow, the same ingredient found in many soaps.  Trinseo’s solution for eliminating a bovine-based raw material in this case is to source additives that are derived from palm oil.

Trinseo has identified a supplier that requisitions the ingredient from palm oil plantations where the oil is harvested in such a way that it is not associated with deforestation and the ensuing harmful results.  

“Raw materials and additives for plastics production need to be carefully monitored to prevent unwanted content --such as bovine-based raw materials -- from appearing in a finished product,” continued Wassberg. “Trinseo is committed to obtaining its raw materials from sources that not only meet our customers’ expectations and objectives, but advance our own safety, sustainability and ethical concerns.”

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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