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Trinseo Unveils More Sustainable Latex Binders Solution

New latex binder for interior paints offers exceptional performance balanced with reduced environmental impact

BERWYN, Pa. - Friday, March 13, 2020

Trinseo (NYSE: TSE) a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, announced today the addition of a new low-to-zero volatile organic compound (VOC) latex to its LIGOS™ Binders product portfolio.

Trinseo’s newest offering, LIGOS™ C 9467 binder for interior paints, is an alkylphenol ethoxylate-free vinyl acrylic latex that combines maximum performance, including exceptional scrub resistance, touch up, and hiding performance, with low-to-zero VOC technology for reduced environmental impact. It is currently available in North America.

“At Trinseo, we are committed to delivering future-oriented solutions that meet unique market, application and processing needs,” said Lauren Pagano, Trinseo Global Business Director, CASE. “We designed LIGOS™ C 9467 to answer the demand for a more sustainable product that doesn’t sacrifice on performance. Not only does it help our customers reduce their environmental impact, formulations using Trinseo latex outperform similar products on the market by up to 700 scrub cycles.”

The new product, and the LIGOS™ portfolio, is part of Trinseo’s coatings, adhesives, sealants, and elastomers (CASE) business, focused on delivering future-oriented solutions that help customers meet their sustainability needs while designing products that address future trends and have true market differentiation. Trinseo’s CASE solutions include Styrene Butadiene latexes for roofing elastomerics that help reduce cooling costs and have remarkable adhesion to various substrates and bleed-through resistance, Styrene Acrylic latexes for masonry coatings that control moisture and structural damage, and bio-hybrid products for more sustainable interior paint primers.

“With over 70 years of experience in the latex binders business, we develop tailored, innovative solutions that address the individual needs of our customers—including performance, sustainability, regulatory, and economic issues—to drive their success,” Pagano said. “The CASE industry is a growth market for us, and we will continue to invest in our capabilities to service our customers and address significant megatrends including urbanization and sustainability.”

Trinseo acquired a new production facility in Rheinmunster, Germany, in late 2019. The acquisition expands Trinseo’s latex binders operation to nine manufacturing sites, four application lab facilities, and a global R&D hub strategically placed across the globe for production. The expanded network allows Trinseo to develop and produce new solutions, invest capital for technology upgrades, and optimize operations for the mix of products and chemistries most needed by CASE customers.

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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