HORGEN, Switzerland--Trinseo (NYSE: TSE). The global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today its plans for a new S-SBR (Solution-Styrene Butadiene Rubber) pilot plant in Schkopau, Germany for the Company’s Synthetic Rubber Business. The S-SBR pilot plant will allow for more efficient use of Trinseo’s production facilities and help speed up innovation in the Performance Tires market. The pilot plant will begin operation in Q4 2017.
Trinseo’s new S-SBR pilot plant will quicken the development process from lab sample to commercialization. The pilot plant will also deliver sufficient quantities of new S-SBR formulations required for real-life tire testing. This speedy evaluation of both process and product parameters meets customer needs for reducing product validation time. As a result, the faster testing process accelerates the time to market for new performance tire innovations.
“The pilot plant demonstrates our long-standing commitment to and collaboration with our customers and is consistent with Trinseo’s strategy to grow our Performance Materials businesses,” said Hayati Yarkadas, Senior Vice President and Business President, Performance Materials.
“This strategic investment will allow us to be more agile and flexible than ever before in our ability to turn around S-SBR product testing,” said Samer Al Jabi, Global Business Director for Synthetic Rubber. “The pilot plant will be a valuable technology capability, enabling us to bring S-SBR materials to our customers more efficiently and help performance tire makers meet new market trends.”
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solution to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $4.0 billion in revenue in 2015, with 18 manufacturing sites around the world, and more than 2,200 employees. For more information visit www.trinseo.com.
Forward Looking Statements
This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release may include, without limitation, forecasts of growth, revenues, business activity, acquisitions, financings and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. As a result of the foregoing considerations, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.