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Trinseo's New Development Brings Plastics Innovation to Terneuzen

Company completes two and a half year project aimed at inspiring growth and modernizing production

BERWYN, Pa. - Wednesday, September 27, 2017

Trinseo, (NYSE: TSE) the global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today the opening of its new Research and Development site in the city of Terneuzen, The Netherlands as part of its huge investment into the company’s future.

By modernizing two existing technical support center and research lab operations under one roof in Terneuzen, Trinseo has created a new Plastics Research Center that will house 180 non-manufacturing employees. This collaborative environment will help drive new plastics innovations within the company.

“Trinseo has a track record built on successful customer-driven innovations,” said Trinseo’s President and CEO, Christopher D. Pappas. “This project will enable Trinseo to drive these developments forward and extend our unique global asset base, helping us to serve our customers even better across Europe and the rest of the globe.”

The new facility will combine Trinseo’s European Development Center for Plastics with its supporting functions like Supply Chain, Environmental Health & Safety, Quality and Procurement, forming one of the company’s European logistical centers.

Trinseo already produces a range of products on the Terneuzen site, including styrene monomer, PC/ABS, ABS, and latex binders. These materials are produced to serve a range of industries, including automotive, construction and consumer products.

This new site will make the Terneuzen site the joint largest in Europe alongside Schkopau, Germany and bring a range of knowledge and expertise together; facilitating the creation of new innovations and providing a significant investment in the company’s future.

“Previously employees were scattered all over the industry park,” said Frans Kempenaars, director Trinseo Netherlands. “This new building works as an enabler for cross-functional projects. The combination of the open office space and the new Research & Development facility supports Trinseo’s plans to grow the Performance Material division by $100 million between 2016 and 2019.”

The city of Terneuzen and many local partners have helped Trinseo to realize this ambitious project, including facilitating infrastructure and providing specialized support. These partners and local dignitaries will be attending the opening celebration along with representatives from Trinseo’s Executive Leadership Team to celebrate the project’s success, both for Trinseo and the local area.

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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