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API to Showcase New Sustainable TPU Material at SIMAC 2020

Sustainable, light TPU made with bio-based content

MUSSOLENTE, Italy - Tuesday, February 18, 2020

API, an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics which was acquired by global materials company Trinseo in July 2017, will be presenting the new expandable bio-based TPU APILONTM 52 BIO LIGHT at SIMAC Tanning Tech 2020, February 19-21, in Milan, Italy – Hall 14, Booth C48. In order to demonstrate the applications of this material solution, a slipper will be showcased during the trade show at API’s booth.

“We are very dedicated toward building a sustainable future, where complete circularity is attained through thoughtful innovation,” said Giancarlo Busa, Global Market Leader, Footwear. “What we are bringing to the SIMAC Tanning Tech 2020 is a TPU that is light, made with bio-based raw materials.

“This is another step Trinseo is taking towards meeting our sustainability goals, which also strengthens our already broad portfolio in luxury, athletic, and professional footwear. This is especially encouraging as we believe bio-based materials will become the de facto choice in luxury footwear by the year 2030.”

APILONTM 52 BIO LIGHT is an additional development by Trinseo in the expansion of its portfolio of sustainable materials, as it is the Company’s first lightweight thermoplastic polyurethane (TPU) made with bio-based content. The material reduces production cycle time by up to 60% compared to thermosetting materials like EVA, therefore cutting production costs and lowering energy consumption.

Moreover, its outstanding characteristics – lightness (density down to 0.4 g/cm3), softness (hardness between 35 and 50 shA), natural haptics with velvet touch, and sustainability – provide manufacturers with more options when it comes to bringing their designs to life in vivid colors. This is available through the in-house produced APICOLOR™, a color masterbatch allowing for a vast range of tone options.

Trinseo is a member of the European Bioplastics Association and its commitment to sustainability has been condensed in Bio & Beyond, a strategy to replace fossil-based materials with bio-based alternatives. Through Bio & Beyond, Trinseo also aims to continue supporting its fashion and footwear customers by helping them overcome material challenges, without hindering their creativity and expressivity. In the long run, Trinseo’s objective is to lessen the dependency on fossil fuels.

About Trinseo

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.

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