Trinseo PLC

Trinseo Plc engages in the manufacture and sale of plastics and latex binders. It operates through the following segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment produces rigid thermoplastic compounds and blends products, soft thermoplastic products, and cast and sheet products. The Latex Binders segment creates styrene-butadiene latex. The Base Plastics segment manufactures a variety of compounds and blends, the majority of which are for automotive applications. The Polystyrene segment offers a variety of general-purpose polystyrenes and high impact polystyrenes. The Feedstocks segment deals with the production of styrene monomers in order to provide secure sourcing of this key raw material to the company’s other segments. The Americas Styrenics segment is composed of the operations of the company's owned joint venture with Chevron Phillips Chemical Company. The company was founded on October 8, 2021 and is headquartered in Wayne, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Trinseo PLC addresses challenges, focuses on sustainability amidst market headwinds

Trinseo PLC navigated challenges in Q4 2022, focusing on sustainability goals, integration of acquisitions, and strategic initiatives amidst macroeconomic headwinds. Despite facing subdued demand and market weakness, the company showcased resilience and commitment to ESG initiatives. Trinseo's proactive approach to enhancing its strategic position and addressing challenges positions it for future growth and opportunities.

Trinseo PLC faces sales decline but shows resilience in Q1

Trinseo PLC navigated challenges in Q1 with resilience in specialty resins and effective working capital management.
Despite lower sales volumes, the company generated strong cash flow and reduced working capital successfully.
Ongoing initiatives to improve cash flow and reduce costs are key strategies for future performance.
Maintaining liquidity and adapting to market conditions are crucial for Trinseo PLC's success in 2023.

Trinseo PLC reports resilient Q2 performance amidst challenges and opportunities

Trinseo PLC navigated lower sales volume in Q2 but maintained financial resilience with consecutive EBITDA growth. While facing challenges from debt refinancing and projected losses, the company is proactively pursuing cost-saving measures and asset evaluations. Opportunities lie in potential volume rebound, restructuring benefits, and market tailwinds.

Trinseo PLC reports Q3 challenges, eyes growth through sustainability

Trinseo PLC navigated challenges in Q3 2023 with flat sales volume and a net loss from continuing operations, offset by cost-saving initiatives and improved EBITDA.
The company's strengths lie in its focus on specialty and sustainable solutions, successful refinancing, and commitment to sustainability projects.
While facing a challenging outlook with projected net losses, Trinseo has opportunities to drive growth through strategic initiatives and market expansion.

Trinseo focuses on sustainability and cost improvements amidst 2023 challenges

Trinseo navigated 2023 challenges by enhancing cost positions and sustainability efforts.
Strong liquidity position and focus on disciplined cash management for 2024.
Q4 EBITDA impacted by seasonality, but Q1 expected to rebound significantly.
Opportunities lie in advancing sustainability goals and improving profitability.

Trinseo PLC reports improved Q3 profitability amidst operational challenges

Trinseo PLC's Q3 2024 performance reflected improved profitability and sales growth in sustainable products, despite challenges from unplanned outages.
The company's strategic initiatives and focus on cost efficiency position it well for future growth opportunities and market responsiveness.
While facing near-term challenges like slower market demand, Trinseo remains optimistic about leveraging restructuring efforts and pent-up demand for future success.

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NEW YORK , April 7, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Trinseo PLC (NYSE: TSE) resulting from allegations that Trinseo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Trinseo securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Trinseo PLC Investors to Inquire About Securities Class Action Investigation - TSE

COLUMBUS, Ohio--(BUSINESS WIRE)--Plaskolite LLC (“Plaskolite”), a global leader in manufacturing engineering thermoplastics, today announced that it has signed an agreement to acquire the land, buildings and equipment of a facility in Matamoros, Mexico from Trinseo (NYSE: TSE), a specialty material solutions provider.

Plaskolite to Acquire Cell Cast Acrylic Manufacturing Facility from Trinseo

WAYNE, Pa.--(BUSINESS WIRE)-- #Trinseo--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it has signed an agreement to sell its land, buildings and equipment in Matamoros, Mexico to Plaskolite. The transaction is expected to close within the next several weeks.

Trinseo Announces Sale of Mexico Manufacturing Facility to Plaskolite

NEW YORK , March 30, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Trinseo PLC (NYSE: TSE) resulting from allegations that Trinseo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Trinseo securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

TSE INVESTOR NEWS: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Trinseo PLC Investors to Inquire About Securities Class Action Investigation - TSE

LOS ANGELES, CA / ACCESSWIRE / March 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Trinseo PLC ("Trinseo" or "the Company") (NYSE:TSE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Trinseo PLC (“Trinseo” or the “Company”) (NYSE: TSE) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Trinseo PLC (TSE) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Trinseo PLC (“Trinseo” or the “Company”) (NYSE: TSE) investors concerning the Company's possible violations of federal securities laws.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Trinseo PLC (TSE) on Behalf of Investors

LOS ANGELES, CA / ACCESSWIRE / March 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Trinseo PLC ("Trinseo" or "the Company") (NYSE:TSE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Trinseo PLC (“Trinseo” or the “Company”) (NYSE: TSE) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Announces Investigation of Trinseo PLC (TSE) on Behalf of Investors

LOS ANGELES / ACCESSWIRE / March 28 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Trinseo PLC ("Trinseo" or "the Company") (NYSE: TSE ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Trinseo PLC (NYSE: TSE) resulting from allegations that Trinseo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Trinseo securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

EQUITY ALERT: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Trinseo PLC Investors to Inquire About Securities Class Action Investigation – TSE

LOS ANGELES--(BUSINESS WIRE)---- $TSE #TSE--The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Trinseo PLC and Encourages Investors with Losses to Contact the Firm

BRISTOL, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo PLC today provides the following update regarding the accidental release of an estimated 8,100 gallons of latex emulsion product from the Altuglas LLC manufacturing facility in Bristol, Pennsylvania. The release was the result of an equipment failure. Some of the material overflowed the on-site containment system and entered a storm drain, where it flowed to Otter Creek and then to the Delaware River.

Trinseo Provides Update on Status of Release to Waterway at Bristol Plant

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.14 per share, which represents a 56% reduction from the current quarterly dividend of $0.32 per share. “We remain committed to creating long-term value for our shareholders while maintaining a strong financial position.

Trinseo Announces Quarterly Dividend of $0.14 Per Share

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE #acryliclatex--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced the North American launch of LIGOS™ C 9375, the Company's first all-acrylic latex binder for Building and Construction applications. The launch is a key component of the Company's transformation and growth strategy for its coatings, adhesives, sealants, and elastomers (CASE) segment resulting from close customer collaboration.

Trinseo Enters Acrylic Latex Market with LIGOS™ C 9375

Trinseo PLC (NYSE:TSE ) Q4 2022 Results Conference Call February 9, 2023 10:00 AM ET Company Participants Andy Myers - Finance Director of Corporate FP&A and IR Frank Bozich - President, CEO and Director David Stasse - Executive VP and CFO Conference Call Participants Matthew Blair - TPH Frank Mitsch - Fermium Research David Begleiter - Deutsche Bank Michael Leithead - Barclays Dan Rizzo - Jefferies Stefan Diaz - Morgan Stanley Hassan Ahmed - Alembic Global Investors Eric Petrie - Citi Operator Good morning, ladies and gentlemen, and welcome to the Trinseo Fourth Quarter 2022 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; and David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Trinseo PLC (TSE) Q4 2022 Earnings Call Transcript

Trinseo (TSE) delivered earnings and revenue surprises of -6.83% and 3%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Trinseo (TSE) Reports Q4 Loss, Tops Revenue Estimates

WAYNE, Pa--(BUSINESS WIRE)---- $TSE--                              Three Months Ended   Year Ended     December 31,   December 31, $millions, except per share data   2022 2021   2022 2021 Net Sales   $ 975     $ 1,298   $ 4,966     $ 4,827 Net Income (Loss) from continuing operations     (364 )     1     (428 )     280 Diluted EPS from continuing operations ($)     (10.42 )     0.04     (11.91 )     7.07 Adjusted Net Income (Loss)*     (60 )     33     (17 )     382 Adjusted EPS ($)*     (1.72 )     0.

Trinseo Reports Fourth Quarter and Full-Year 2022 Financial Results; Provides Full-Year 2023 Guidance

WAYNE, Pa.--( BUSINESS WIRE )--Trinseo (NYSE: TSE), a specialty materials solutions provider, is pleased to announce a distribution agreement with Omya, a leading global producer of industrial minerals and worldwide distributor of specialty chemicals.

Trinseo Announces Distribution Agreement with Omya

WAYNE, Pa.--( BUSINESS WIRE )--Trinseo (NYSE: TSE):

Trinseo Announces Fourth Quarter and Full-Year 2022 Expected Results and Goodwill Impairment; Provides Details for Fourth Quarter 2022 Conference Call

WAYNE, Pa.--( BUSINESS WIRE )--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced updates to its asset restructuring initiatives. In aggregate, these actions are expected to result in approximately $60 million of annual profitability improvement versus the fourth quarter run rate, most of which will be realized in 2023. These actions consist of the following:

Trinseo Announces Asset Restructuring Actions and Settlement of European Commission Matter

WAYNE, Pa.--( BUSINESS WIRE )--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.32 per share. The dividend will be a cash distribution payable on January 19, 2023 to shareholders of record as of the close of business on January 5, 2023.

Trinseo Announces Quarterly Dividend of $0.32 Per Share

Trinseo PLC (NYSE:TSE ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Andrew Myers - Finance Director, Corporate FP&A & IR Frank Bozich - President, CEO & Director David Stasse - EVP & CFO Conference Call Participants David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Michael Leithead - Barclays Bank Hassan Ahmed - Alembic Global Advisors Eric Petrie - Citi Angel Castillo - Morgan Stanley Operator Good morning, ladies and gentlemen, and welcome to the Trinseo Third Quarter 2020 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Trinseo PLC (TSE) Q3 2022 Earnings Call Transcript

WAYNE, Pa.--(BUSINESS WIRE)---- $TSE--Trinseo (NYSE: TSE):                   Three Months Ended     September 30, $millions, except per share data   2022   2021 Net Sales   $ 1,178   $ 1,269 Net Income (Loss) from continuing operations     (118)     79 Diluted EPS from continuing operations ($)     (3.35)     2.01 Adjusted Net Income (Loss)*     (103)     80 Adjusted EPS ($)*     (2.91)     2.01 EBITDA*     (54)     158 Adjusted EBITDA*     (37)     173 *For a reconciliation of EBITDA, Adjusted EBITDA,

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