Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced that its Ulsan Plant received an Incident-Free Workplace Award from the Korean Occupational Safety and Health Agency (OSHA).
Since Trinseo was formed in 2010, achieving the highest standards of safety has been a top priority for the Company. Safety best practices and environmental efficiency are embedded in its culture. More than reaching environmental, health, and safety (EH&S) target metrics, which reflect the ongoing commitment to sustainable innovation, Trinseo is committed to helping safeguard the well-being of every employee and community Trinseo touches; while protecting our planet.
Trinseo’s Ulsan plant is certainly no exception. The Ulsan plant has officially received an award from OSHA for the achievement of 20 times safety goal as an incident-free workplace. The Korean OSHA has set a safety goal for all manufacturing sites in Korea based on their size (typically the number of employees). Currently, a one-time goal for the Ulsan plant is 624 days (as the number of its employees is below 50). The Plant has achieved this goal 20 times in the past, meaning the Ulsan plant had no reportable incident to the Korean government from October, 1994 to March 2018 (i.e. 8,527 days). Among 4,986 plants listed in Ulsan, Korea, Trinseo’s Ulsan plant is the second plant that has achieved its goal for 20 times. Learn more about Trinseo’s safety and operations.
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 $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: www.trinseo.com.
Cautionary Note on Forward-Looking Statements
This press release may contain "forward-looking statements" including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like "expect," "anticipate," "intend," "forecast," "outlook," "will," "may," "might," "see," "tend," "assume," "potential," "likely," "target," "plan," "contemplate," "seek," "attempt," "should," "could," "would" or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause such a difference include, but are not limited to those factors discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake 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.