Trinseo (NYSE: TSE) a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, will introduce four new series of thermoplastic elastomers (TPEs) at Detroit’s SPE Automotive TPO Conference on October 7-10, 2018. The four new TPE series include 16 new overmolding grades specifically developed for automotive applications, offering improved adhesion to Trinseo’s MAGNUMTM ABS and PULSETM PC/ABS product range.
Trinseo has a long heritage in performance plastics with over 30 years of experience in the development of rigid plastic materials for use in automotive applications. Since the acquisition of API in 2017, the company has gained unique expertise in both the formulation technology and compounding processes of TPE solutions. The introduction of these new TPEs marks a milestone in the integration process as Trinseo works to further expand the synergies between its rigid- and soft-touch product portfolios.
The automotive industry’s demand for TPEs enabling premium aesthetics and haptics is growing. For many engineers, the increasing demands on function and surface design can best be met with TPE overmolding solutions. Trinseo’s new TPE series provides a broad range of hardness, melt flows, and finishes for excellent aesthetics and processability in injection molded and extruded applications.
Tony Samurkas, Trinseo’s TS&D Director North America, will present the company’s new TPE series on Wednesday, October 10, 2018 at 10 a.m. ET.
“Bonding strength between the TPE and the polar substrate is dependent on the chemical compatibility of the materials,” Samurkas said. “Optimal adhesion is achieved if you have the control and expert knowledge about the technology of both the rigid- and soft-touch plastics.”
All TPE grades are produced at Trinseo’s manufacturing site in Mussolente, Italy. The high-tech plant also contains a state-of-the-art Specialized Overmolding Center (SOC), designed to measure the adhesion between substrates in accordance with VDI 2019 standards.
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 the timing of the proposed acquisition of the Arkema MMA and PMMA business (the "Acquisition"); estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities and cost synergies relating to the Acquisition, 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, our failure to complete the Acquisition or meet the conditions to closing, including antitrust, works council and other regulatory approvals; the failure to obtain the financing necessary to fund the Acquisition and the impact of the substantial indebtedness to be incurred; costs related to the Acquisition; following the Acquisition, our ability to successfully integrate the acquired businesses, generate expected cost savings and synergies, maintain relationships with customers, retain key employees and profitably grow the business; and 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.