Trinseo PLC

Trinseo Plc engages in the manufacture and sale of plastics and latex binders. It operates through the following segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment produces rigid thermoplastic compounds and blends products, soft thermoplastic products, and cast and sheet products. The Latex Binders segment creates styrene-butadiene latex. The Base Plastics segment manufactures a variety of compounds and blends, the majority of which are for automotive applications. The Polystyrene segment offers a variety of general-purpose polystyrenes and high impact polystyrenes. The Feedstocks segment deals with the production of styrene monomers in order to provide secure sourcing of this key raw material to the company’s other segments. The Americas Styrenics segment is composed of the operations of the company's owned joint venture with Chevron Phillips Chemical Company. The company was founded on October 8, 2021 and is headquartered in Wayne, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Trinseo PLC addresses challenges, focuses on sustainability amidst market headwinds

Trinseo PLC navigated challenges in Q4 2022, focusing on sustainability goals, integration of acquisitions, and strategic initiatives amidst macroeconomic headwinds. Despite facing subdued demand and market weakness, the company showcased resilience and commitment to ESG initiatives. Trinseo's proactive approach to enhancing its strategic position and addressing challenges positions it for future growth and opportunities.

Trinseo PLC faces sales decline but shows resilience in Q1

Trinseo PLC navigated challenges in Q1 with resilience in specialty resins and effective working capital management.
Despite lower sales volumes, the company generated strong cash flow and reduced working capital successfully.
Ongoing initiatives to improve cash flow and reduce costs are key strategies for future performance.
Maintaining liquidity and adapting to market conditions are crucial for Trinseo PLC's success in 2023.

Trinseo PLC reports resilient Q2 performance amidst challenges and opportunities

Trinseo PLC navigated lower sales volume in Q2 but maintained financial resilience with consecutive EBITDA growth. While facing challenges from debt refinancing and projected losses, the company is proactively pursuing cost-saving measures and asset evaluations. Opportunities lie in potential volume rebound, restructuring benefits, and market tailwinds.

Trinseo PLC reports Q3 challenges, eyes growth through sustainability

Trinseo PLC navigated challenges in Q3 2023 with flat sales volume and a net loss from continuing operations, offset by cost-saving initiatives and improved EBITDA.
The company's strengths lie in its focus on specialty and sustainable solutions, successful refinancing, and commitment to sustainability projects.
While facing a challenging outlook with projected net losses, Trinseo has opportunities to drive growth through strategic initiatives and market expansion.

Trinseo focuses on sustainability and cost improvements amidst 2023 challenges

Trinseo navigated 2023 challenges by enhancing cost positions and sustainability efforts.
Strong liquidity position and focus on disciplined cash management for 2024.
Q4 EBITDA impacted by seasonality, but Q1 expected to rebound significantly.
Opportunities lie in advancing sustainability goals and improving profitability.

Trinseo PLC reports improved Q3 profitability amidst operational challenges

Trinseo PLC's Q3 2024 performance reflected improved profitability and sales growth in sustainable products, despite challenges from unplanned outages.
The company's strategic initiatives and focus on cost efficiency position it well for future growth opportunities and market responsiveness.
While facing near-term challenges like slower market demand, Trinseo remains optimistic about leveraging restructuring efforts and pent-up demand for future success.

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Trinseo (TSE) came out with a quarterly loss of $1.94 per share versus the Zacks Consensus Estimate of a loss of $2.07. This compares to loss of $1.01 per share a year ago.

Trinseo (TSE) Reports Q1 Loss, Tops Revenue Estimates

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE):                   Three Months Ended     March 31, $millions, except per share data   2024     2023   Net Sales   $ 904     $ 996   Net Loss     (76 )     (49 ) Diluted EPS ($)     (2.14 )     (1.40 ) Adjusted Net Loss*     (69 )     (35 ) Adjusted EPS ($)*     (1.94 )     (1.01 ) EBITDA*     38       29   Adjusted EBITDA*     45       36   *For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Loss, all of which are non-GAAP measure.

Trinseo Reports First Quarter 2024 Financial Results and Provides Second Quarter Outlook

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2024 financial results on Thursday, May 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments follow.

Trinseo Announces Release Date and Conference Call for its First Quarter 2024 Financial Results

Trinseo (TSE) has not intentionally added PFAS to its manufacturing process, and the recycled content aids in waste reduction, carbon footprint reduction and recycling in the consumer electronics industry.

Trinseo (TSE) Unveils PFAS-Free Flame-Retardant Plastic Grades

SHANGHAI--(BUSINESS WIRE)--Trinseo (Trinseo, or the “Company”) (NYSE: TSE), a specialty material solutions provider, today announces its new offering of flame-retardant EMERGE™ PC 8600PV and 8600PR resins, as well as EMERGE™ PC/ABS 7360E65 resins, manufactured without the use of per-and polyfluoroalkyl substances (PFAS) or halogenated additives. Many PFAS chemicals are commonly used for their important flame-retardant properties, as well as their resistance to heat, oil, stain, grease, and wate.

Trinseo Introduces Groundbreaking Flame-retardant Plastic Grades Without Using PFAS Additives During Manufacturing Process

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced it has initiated an information and consultation process with the Works Council of Trinseo Deutschland Anlagengesellschaft mbH regarding the potential closure of its virgin polycarbonate (“PC”) production site in Stade, Germany. The Company expects to seek board approval of the closure in 2024 following the Works Council consultation process. If an agreement is.

Trinseo Announces Potential Closure of Stade, Germany Virgin Polycarbonate Manufacturing Facility

Trinseo (TSE) is set to divest its participation in the joint venture by executing the contractual ownership exit provision.

Trinseo (TSE) Announces Start of Sale of Interest in AmSty

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced that it has commenced a sale process for its 50% ownership in Americas Styrenics LLC (“AmSty”), a joint venture with Chevron Phillips Chemical Company LP. As part of its transformation strategy, the Company had previously announced its intent to divest its styrenics businesses (the “Styrenics Businesses”) with a focus on selectively marketing individual assets.

Trinseo Announces Commencement of Sale Process for Interest in Americas Styrenics

Trinseo PLC (TSE) Q4 2023 Earnings Call Transcript

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE):                               Three Months Ended   Year Ended     December 31,   December 31, $millions, except per share data   2023   2022   2023   2022 Net Sales   $ 837   $ 975   $ 3,675   $ 4,966 Net Loss from continuing operations     (265)     (364)     (701)     (428) Diluted EPS from continuing operations ($)     (7.53)     (10.42)     (19.88)     (11.91) Adjusted Net Loss*     (105)     (60)     (244)     (17) Adjusted EPS ($)*     (2.

Trinseo Reports Fourth Quarter and Full-Year 2023 Financial Results; Provides First Quarter 2024 Outlook

PFAEFFIKON, Switzerland--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, and its affiliate companies in Europe, today announced a price increase for acrylic sheet sold under the brand names ALTUGLAS™ and OROGLAS™ - depending on grade specifications. Prices will be increased by +10% respectively for deliveries after February 1, 2024, and in accordance with existing agreements. About Trinseo Trinseo (NYSE: TSE), a specialty material solutions provider, partners with.

Trinseo Announces Price Increase for PMMA Cast Sheets in Europe

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo Announces Release Date and Conference Call for its Fourth Quarter and Full Year 2023 Financial Results.

Trinseo Announces Release Date and Conference Call for its Fourth Quarter and Full Year 2023 Financial Results

Trinseo is a "falling knife", and it's considered best practice not to buy such issues. But in the case of Trinseo, certain statistical metrics suggest it's undervalued. A simulated portfolio of "falling knives" for December 2023 based on Brandes' principles for selecting such issues returned 17%+ for that month. Trinseo remains a fit for these criteria.

Trinseo: They Say Don't Catch A 'Falling Knife', But This Is Why Maybe You Should

WAYNE, Pa.--(BUSINESS WIRE)-- #automotive--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. Scheduled to be commissioned in Q1 2024, this demonstration facility marks a pivotal step towards reshaping the plastics ecosystem as part of the circular economy. PMMA, renowned for its versatility in vario.

New Trinseo PMMA Depolymerization Plant Reimagines Plastics Value Chain With Sustainability In Mind

Trinseo PLC (NYSE:TSE ) Q3 2023 Earnings Conference Call November 6, 2023 10:00 AM ET Company Participants Andy Myers - Finance Director, Corporate FP&A and IR Frank Bozich - President, CEO & Director David Stasse - EVP, CFO & Interim Principal Accounting Officer Conference Call Participants Frank Mitsch - Fermium Research, LLC David Begleiter - Deutsche Bank Matthew Blair - Tudor, Pickering, Holt & Co. Michael Leithead - Barclays Hassan Ahmed - Alembic Global Advisors Laurence Alexander - Jefferies Operator Good morning, ladies and gentlemen, and welcome to the Trinseo Third Quarter 2023 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Trinseo PLC (TSE) Q3 2023 Earnings Call Transcript

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE):                   Three Months Ended     September 30, $millions, except per share data   2023     2022   Net Sales   $ 879     $ 1,178   Net Loss from continuing operations     (38 )     (118 ) Diluted EPS from continuing operations ($)     (1.09 )     (3.35 ) Adjusted Net Loss*     (36 )     (103 ) Adjusted EPS ($)*     (1.03 )     (2.91 ) EBITDA*     29       (54 ) Adjusted EBITDA*     41       (37 ) *For a reconciliation of EBITDA, Adjusted.

Trinseo Reports Third Quarter 2023 Financial Results and Updates 2023 Outlook

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its decision to discontinue operations at its ethylbenzene styrene monomer (EBSM) manufacturing facility in Terneuzen, the Netherlands. This decision was made following the completion of joint negotiations with the Works Council in Terneuzen. The plant is scheduled to officially cease operations in November 2023. With the closure of the EBSM facility, the compa.

Trinseo Completes Strategic Network Optimization Initiative with Closure of Terneuzen, the Netherlands Styrene Manufacturing Operations

Trinseo (TSE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Trinseo (TSE) Report Negative Earnings Next Week? What You Should Know

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2023 financial results on Monday, November 6 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments fol.

Trinseo Announces Release Date and Conference Call for its Third Quarter 2023 Financial Results

The New Term Loan Facility of Trinseo (TSE) comprises a total new principal amount of $1.077 billion for net cash proceeds of $1.045 billion.

Trinseo (TSE) Refinances $660M Term Loan & $385M Senior Notes

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced that it has obtained $1.077 billion in aggregate principal amount of secured term loan financing (“New Term Loan Facility”) arranged by Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Oaktree Capital Management, L.P. (“Oaktree”), with funds managed by Angelo Gordon, Oaktree and Apollo Global Management, Inc. (“Apollo”) as lenders. Proceeds will be used to.

Trinseo Announces Completion of Transaction to Refinance $660 million 2024 Term Loan and $385 million of 2025 Senior Notes

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Trinseo PLC (NYSE:TSE ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Andrew Myers - Finance Director, Corporate FP&A and IR Frank Bozich - President, CEO & Director David Stasse - EVP, CFO & Interim Principal Accounting Officer Conference Call Participants Frank Mitsch - Fermium Research Michael Leithead - Barclays Bank David Begleiter - Deutsche Bank Laurence Alexander - Jefferies Matthew Blair - Tudor, Pickering, Holt & Co. Roger Spitz - Bank of America Merrill Lynch Hassan Ahmed - Alembic Global Advisors Operator Good morning, ladies and gentlemen, and welcome to the Trinseo Second Quarter 2023 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Trinseo PLC (TSE) Q2 2023 Earnings Call Transcript

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE):                   Three Months Ended     June 30, $millions, except per share data   2023   2022 Net Sales   $ 963   $ 1,426 Net Income (Loss) from continuing operations     (349)     37 Diluted EPS from continuing operations ($)     (9.93)     1.00 Adjusted Net Income (Loss)*     (68)     66 Adjusted EPS ($)*     (1.92)     1.79 EBITDA*     (281)     141 Adjusted EBITDA*     57     164 *For a reconciliation of EBITDA, Adjusted EBITDA, and Adjus.

Trinseo Reports Second Quarter 2023 Financial Results, Announces Additional Restructuring Initiatives and Updates 2023 Outlook

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