Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced that it has been graded “Outstanding” by Jabil Green Point (JGP) in its Supplier Performance Report.
JGP, one of the biggest contract manufacturers in the world, is located in the United States of America. The company works with many well-known global brand owners in consumer electronics products and provides manufacturing services to them. Trinseo has been working very closely with its customer JGP in the Asia Pacific region, supplying a wide range of plastic resins such as EMERGE™ polycarbonate compound, EMERGE™ polycarbonate and ABS blend, to be further processed into plastics parts. These parts are assembled to make the final consumer electronics products that end-users are using on a daily basis.
Trinseo was graded “Outstanding” for the second consecutive quarter in the JGP quarterly Supplier Performance Report for January - March 2018. In order to achieve “Outstanding” (Grade A), a supplier needs to achieve 91-100 points, graded from different aspects: delivery, quality, service, etc. This is a great recognition of the effort of the Trinseo team and also certainly increases the confidence level of consumer electronics brand owners that Trinseo works with.
Service quality and responsiveness are key enablers for Trinseo to be successful in the marketplace. A key to Trinseo’s success is making short lead-time for color matching possible, along with preparation of small samples for production of large trial quantities. Trinseo has built a great reputation with the most famous and demanding brand owners as well as contract manufacturers.
By bringing together excellent quality, consistency, and great processability, Trinseo’s EMERGE™ Advanced Resins deliver compounds and blends with tailor-made properties needed for a variety of applications. The fast recipe iteration in terms of specific performance and color, the robust quality and its consistency, the technical service, and the technical expertise to support brand owners in the product design stage, all combine together to differentiate Trinseo from its competitors. The continual enhancements of these key capabilities will keep enhancing the Company’s competitiveness.
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.