PA-TRINSEO
Trinseo (NYSE: TSE), a specialty material solutions provider, announced today the opening of its polymethyl methacrylate (PMMA) depolymerization facility in Rho, Italy, on June 25. The pilot facility represents a significant step forward in the Company’s commitment to sustainability, as the next-generation recycling technology helps advance a circular infrastructure for acrylic solutions and is aligned with Trinseo’s 2030 Sustainable Product Portfolio Goals.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240626705157/en/
Community event celebrating the opening of the new PMMA Depolymerization pilot facility in Rho, Italy. (Photo: Business Wire)
“We are thrilled about the opening of our depolymerization facility, which will help advance our goal to support a circular economy,” said Francesca Reverberi, Senior Vice President of Engineered Materials and Chief Sustainability Officer at Trinseo. “Our company remains committed to our sustainability goals, including investing in new recycling technologies that can support our customers in reaching their sustainability goals as well.”
Depolymerization is a chemical recycling process that returns acrylic solutions to the constituent monomer, methyl methacrylate (MMA). Complementary to other recycling technologies, depolymerization helps close the loop for acrylic recycling with several advantages over traditional processes. By utilizing this technology, acrylic solutions can be recycled—including PMMA sheets, which previously could not be mechanically recycled. Additionally, returning the material to its monomer form allows additives and contaminants to be removed from pre- and post-consumer acrylic products. This enables more PMMA to be recycled.
Trinseo’s PMMA depolymerization facility delivers a next-generation technology, utilizing an advanced continuous process to produce high-purity regenerated MMA from pre- and post-consumer acrylic solutions. Trinseo’s depolymerization technology leverages findings from the MMAtwo Consortium, a collaborative initiative funded by the European Union’s Horizon 2020 research and innovation program, to develop a new value chain for pre- and post-consumer PMMA and a versatile recycling process for converting this waste into high-quality regenerated monomer with carbon footprint reduction versus virgin MMA.
“Today is a critical milestone in our sustainability journey,” said Han Hendriks, Chief Technology Officer at Trinseo. “Depolymerization expands our recycled feedstock capabilities, which in turn, will help us innovate new solutions. With this new capability, we can build a more robust recycled acrylics portfolio to better meet the evolving needs of our customers.”
The recycled MMA (rMMA) generated by Trinseo’s depolymerization facility is utilized in the Company’s ALTUGLAS™ and PLEXIGLAS® R-Life product portfolios. Through this new facility, Trinseo can produce rMMA that is comparable to virgin raw materials. This enables use in high-demand applications, such as vehicle taillights or caravan windows that require high optical quality.
For more information about the Company’s depolymerization technology and rMMA, go to Trinseo’s website.
About Trinseo
Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.
From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility.
Trinseo’s approximately 3,100 employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe, and Asia Pacific. Trinseo reported net sales of approximately $3.7 billion in 2023. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook, and WeChat.
Cautionary Note on Forward-Looking Statements
This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, 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,” “believe,” “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, our current indebtedness, 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 future results to differ from those expressed by the forward-looking statements include, but are not limited to, our ability to successfully implement proposed restructuring initiatives and to successfully generate cost savings through restructuring and cost reduction initiatives; our ability to successfully execute our business and transformation strategy; increased costs or disruption in the supply of raw materials; deterioration of our credit profile limiting our access to commercial credit; increased energy costs; compliance with laws and regulations impacting our business; any disruptions in production at our chemical manufacturing facilities, including those resulting from accidental spills or discharges; conditions in the global economy and capital markets; our current and future levels of indebtedness and ability to service our debt; our ability to meet the covenants under our existing indebtedness; our ability to generate cash flows from operations; and those 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, performance, or achievements 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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240626705157/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Kweichow Moutai Presents Chinese Enterprise’s ESG Insights at 2025 WEF24.1.2025 16:49:00 CET | Press release
Wang Li, General Manager of Kweichow Moutai Group, China's top liquor company, was invited to participate in the 2025 World Economic Forum (WEF) Annual Meeting, which officially opened recently, and shared the Moutai solutions on topics such as ESG practices, green and low-carbon development. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250124612942/en/ Wang Li, General Manager of Kweichow Moutai Group, presented Moutai's advanced experience in green technological innovation at the Davos-Caixin CEO luncheon. (Photo: Business Wire) At the 2025 Davos-Tencent Finance Vision Dinner, Wang explained the ESG development based on Moutai's practices. She said that Moutai adheres to long-termism and high-quality development, integrates the ESG concept into the entire production and operation process. By pursuing sustainable development from three dimensions: harmonious coexistence with nature, sharing of social value, and modernizat
LTIMindtree Announces Venu Lambu as CEO (Designate)24.1.2025 15:40:00 CET | Press release
LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced that the Board has decided to appoint Mr. Venu Lambu as the CEO (Designate) & Wholetime Director based out of London with immediate effect. This strategic decision marks a significant milestone in the leadership succession plan and reinforces our commitment towards profitable growth & stakeholder value creation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250124606926/en/ Venu Lambu, CEO (Designate) & Wholetime Director, LTIMindtree. (Photo: Business Wire) Over the coming months, Mr. Venu Lambu will work closely with Mr. Debashis Chatterjee, CEO & MD, LTIMindtree, to ensure a smooth and seamless transition. This period will allow him to gain deeper insights into the current operations, yearly budget and strategic plans. Mr. S.N. Subrahmanyan, Chairman, LTIMindtree, commented that, “This move reflects our dedicatio
Citigroup Announces Approximately €452 Million Redemption Of 4.25% Fixed Rate/Floating Rate Subordinated Notes Due 203024.1.2025 14:30:00 CET | Press release
Citigroup Inc. is announcing the redemption, in whole, constituting €451,934,000 of its 4.25% Fixed Rate / Floating Rate Subordinated Notes due 2030 (the “notes”) (ISIN: XS0213026197). The redemption date for the notes is February 25, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date. The redemption announced today is consistent with Citigroup's liability management strategy and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure. Citigroup will continue to consider opportunities to redeem or repurchase securities, based on several factors, including without limitation, the economic value, regulatory changes, potential impact on Citigroup's net interest margin and borrowing costs, the overall remaining tenor of Citigroup's debt portfolio, capital impact, as well as overall market conditions. Beginning on the re
AI’s Impact on Elections: New Policy Paper Highlights Urgent Global Challenge24.1.2025 13:01:00 CET | Press release
Artificial intelligence (AI) is transforming political campaigns worldwide, creating unprecedented opportunities while amplifying risks for democratic processes. According to the newly launched policy paper, The Pervasive Influence of AI on Global Political Campaigns 2024, AI-driven techniques, such as generative AI (genAI), have revolutionized voter engagement through personalized messaging. However, genAI has also emerged as a double-edged sword: while enabling effective campaigning, it has been a significant source of disinformation, eroding trust in democratic institutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122148789/en/ Future Shift Labs Co-founder Sagar Vishnoi addresses IPE25 in Cape Town (Photo: Business Wire) For instance, the United States, classified as “severely polarized” and ranked 3rd among 28 countries for polarization, illustrates how AI-generated propaganda exacerbates societal divisions. Fu
ContourGlobal Scales up U.S. Renewables Presence With Acquisition of 446 MWp Solar PV Portfolio From Qcells24.1.2025 11:29:00 CET | Press release
ContourGlobal has acquired from Qcells a portfolio of 446 MWp of solar PV projects in Colorado (WECC) and Virginia (PJM), secured with long-term high-value utility PPAsThe portfolio comprises two projects, one under construction and with near-term commercial operations, and another one in late development. Both projects have secured permits, grid connections, and procurement contracts.The projects will include solar modules manufactured at Qcells’ U.S.-based Dalton and Cartersville production facilities in Georgia. Qcells is also performing development, EPC, and O&M services as part of its total solutions provider capability. ContourGlobal and Qcells have announced a strategic transaction for a U.S. solar PV portfolio located in Colorado and Virginia with an installed capacity of 446 MWp. This transaction expands ContourGlobal’s planned solar PV and BESS capacity in the United States to almost 1.5 GW, when combined with more than 1 GW of recently acquired projects in late development s
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom