Trinseo (NYSE: TSE), a global material solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, announces its innovative lightweight plastic that can replace metal in semi-structural components, providing up to 30 percent weight savings compared to magnesium or aluminum. The Company will present its new long-glass-fiber-reinforced acrylonitrile butadiene styrene (ABS LGF) alloy at VDI’s Plastics in Automotive Engineering (PIAE) conference, held April 3-4, 2019 in Mannheim, Germany.
In the past, car makers looking for stable and reliable materials for structural components have opted for conventional steel, magnesium, or aluminum. Trinseo’s new ABS LGF enables high dimensional stability and high stiffness, making it the lightweight alternative for semi-structural components. As a structural polymer, the ABS LGF composite offers not only lower weight than magnesium, but also low VOC and low odor properties, and enables faster production cycle times.
Trinseo’s new ABS LGF has already been proven for performance after being used as an alternative to magnesium in an instrument carrier in the new BMW 3 Series. Working in co-operation with Tier One supplier Dräxlmaier, Trinseo was able to optimize the behavior of the material in terms of stiffness, warpage, crash and head impact, creating very narrow tolerances, and stability of the final component.
“With this new ABS LGF alloy product, we have developed a thermoplastic composite that combines high stiffness over a broad temperature range with high dimensional stability, which facilitates lighter weight designs in comparison to aluminum and magnesium,” said Norwin van Riel, Technology Leader at Trinseo. “Automotive manufacturers are increasingly looking to reduce vehicle weight without affecting stability. Our new lightweight plastic solution offers an easy processing and lightweight solution.”On Thursday, April 4, 2019, at 12:05 p.m., Trinseo will present the new material solution together with Dräxlmaier at VDI’s Plastics in Automotive Engineering conference. Their joint presentation is titled “30% weight savings and process improvement with a new LGF ABS Alloy material replacing metal for an instrument carrier and enabling a high dimensionally stable part” and is dedicated to a cooperative development of an innovative lightweight semi-structural automotive part. The presentation will also highlight how the new material leads to improvements in the manufacturing process.
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics and latex binders 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, and building and construction. Trinseo had approximately $4.8 billion in net sales in 2021 and has 26 manufacturing sites and one recycling facility around the world and approximately 3,400 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, our ability to successfully execute our transformation strategy and business strategy; our ability to integrate acquired businesses; global supply chain volatility, increased costs or disruption in the supply of raw materials or increased costs for transportation of our products; the nature of investment opportunities presented to the Company from time to time; 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.