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Trinseo Celebrates Its 10th Anniversary of LOMAX Technology at Its Plant in Georgia

Company’s latex binders material has been meeting the customer’s demand for more sustainable products

BERWYN, Pa. - Tuesday, July 24, 2018

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, is celebrating the 10th anniversary of its LOMAX™ technology at its plant in Dalton, Georgia, on July 24th. The plant runs largely on alternative energy, significantly reduces carbon dioxide (CO2) and greenhouse gas emissions, thanks to manufacturing process of LOMAX™ Technology.

LOMAX™ Technology uses methane gas collected from a nearby landfill as the primary energy source to manufacture Trinseo's latex binders. The methane is piped to a landfill gas energy recovery facility and then to the Trinseo plant, where the energy is used to power the plant's boiler. This virtually eliminates the need for natural gas. The resulting steam energy runs approximately 95 percent of the manufacturing processes at the plant. Because the methane is being harnessed for energy instead of being released into the atmosphere, LOMAX™ Technology helps mitigate emissions by reducing Trinseo's use of fossil fuels. This allows customers to develop high performance products with sustainable attributes.

The latex binders manufacturing site in Dalton was the first to install this technology in 2007. From carpet backing and paper coatings, to multiple adhesives and construction applications, latex binders made with LOMAX™ Technology provide lower environmental impact with maximum performance.

LOMAX™ Technology reduces the carbon footprint of carpet backing by approximately 25 percent, enabling the customers to make flooring products more durable and more sustainable. Styrene Butadiene (SB) latex made with LOMAX™ Technology provides the same performance characteristics of conventional latex, yet comes with a lower environmental footprint, a particularly important feature as demand continues to increase for more sustainable products across the entire industry's supply chain. 

An independently reviewed Life Cycle Assessment (LCA) study showed that SB latex manufactured with LOMAX™ Technology reduces the carbon footprint of SB latex manufacturing by approximately 25 percent. The study was carried out utilizing ISO 14040 and ISO 14044 standards, and peer reviewed by The University of Stuttgart, Germany.

LOMAX™ Technology is a win-win for Trinseo and its customers; the success of the technology demonstrates Trinseo's commitment to sustainability and to the principles of Responsible Care®.

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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