Styrene

Trinseo Reports Fourth Quarter and Full-Year 2023 Financial Results; Provides First Quarter 2024 Outlook

Retrieved on: 
Monday, February 12, 2024
Automotive Manufacturing, Manufacturing, Other Manufacturing, Packaging, Chemicals, Plastics, Free cash flow, Adjustment, Weakness, Styrene, Perseverance, Public expenditure, Terneuzen, EPS, Q&A, Bank statement, Environment, Pharmaceutical industry

Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its full-year and fourth quarter 2023 financial results.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its full-year and fourth quarter 2023 financial results.
  • Additionally, there was a year-over-year $52 million unfavorable impact due to higher goodwill impairment and restructuring charges.
  • Fourth quarter net loss from continuing operations of $265 million was $99 million above prior year.
  • Due to these closures, starting in the first quarter of 2024, the Company will no longer have a Feedstocks reporting segment.

Green Science Alliance Developed 100% Plant Based (100% Vegan) Nail Polish Remover with "Re:soil" Brand

Retrieved on: 
Tuesday, December 12, 2023
Carbon, Biomass, Water, Petroleum, Styrene, Dibutyl phthalate, Natural gas, Toluene, Sustainability, Acetone, Soil, Formaldehyde, Pigment, Cosmetics, Ammonia

KAWANISHI-CITY, Japan, Dec. 12, 2023 /PRNewswire/ -- Dr. Ryohei Mori at Green Science Alliance Co., Ltd. developed 100% plant based (100% Vegan) nail polish remover with "Re:soil" brand name.

Key Points: 
  • KAWANISHI-CITY, Japan, Dec. 12, 2023 /PRNewswire/ -- Dr. Ryohei Mori at Green Science Alliance Co., Ltd. developed 100% plant based (100% Vegan) nail polish remover with "Re:soil" brand name.
  • Green Science Alliance already have made plant derived vegan artificial nail tips, 100 % plant based nail polish, water biomass-based nail polish and selling on their internet shopping website.
  • Water based 100 % Natural Biodegradable Nail Polish: Nail Polish Color： Green, Violet, Red, Yellow, Blue, Pearl Green, White, Black (Bamboo Charcoal, Biochar)
    ＊Disclaimer about 100 % natural derived products.
  • 100% Plant Based Nail Polish Remover, 100% Vegan Nail Polish Remover.

Automotive Tire Market size to grow by USD 49.25 billion from 2022 to 2027|APAC is estimated to account for 40% of the global market - Technavio

Retrieved on: 
Friday, December 1, 2023
Sample, Tata Motors, Hatchback, Investment, CEAT, Methanol, Styrene, Golf, Comprehensive, Growth, Volatile organic compound, BRIC, USD, Table tennis rubber, US EPA, Original equipment manufacturer, Michelin, Puncture, NESHAP, ATV, Air pollution, General Motors, MACT, SUV, OEM, Geography, Population growth, Unique, Hyundai, Formaldehyde, Great Wall Motor, MRF, Urbanization, Organic compound, Toluene, Risk, Pirelli, Natural rubber, Transport, Tire manufacturing, Retail, Pet industry

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%.
  • These factors collectively fuel the growth of the APAC automotive tire market during the forecast period.
  • Therefore, the OEM segment plays a crucial role in driving the growth of the global automotive tire market during the forecast period.
  • The automotive tires e-retailing market size is estimated to grow at a CAGR of 15.3% between 2022 and 2027.

Trinseo Reports Third Quarter 2023 Financial Results and Updates 2023 Outlook

Retrieved on: 
Friday, November 3, 2023
Natural Resources, Other Manufacturing, Manufacturing, Mining, Minerals, Adjustment, Q&A, Death Note 2: The Last Name, NYSE, EBITDA, Corporation, GAAP, Free cash flow, Bank statement, Environment, Growth, EPS, TSE, Electronics, Styrene, Pharmaceutical industry, Management, Fine chemical, PMMA, Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its third quarter 2023 financial results.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its third quarter 2023 financial results.
  • Commenting on the Company’s third quarter performance, Frank Bozich, President and Chief Executive Officer of Trinseo, said, “As expected, we saw sequentially similar market conditions.
  • Commenting on the outlook for 2023, Bozich said, “Our forecast assumes a constrained demand environment, similar to what we’ve seen throughout the year.
  • Trinseo will host a conference call to discuss its third quarter 2023 financial results on Monday, November 6, 2023 at 10 a.m. Eastern Time.

Trinseo Completes Strategic Network Optimization Initiative with Closure of Terneuzen, the Netherlands Styrene Manufacturing Operations

Retrieved on: 
Monday, October 30, 2023
Packaging, Chemicals, Plastics, Textiles, Manufacturing, Saint-Avold, Works council, NYSE, PMMA, Carbon, TSE, Styrene, Airline, Trinseo

Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its decision to discontinue operations at its ethylbenzene styrene monomer (EBSM) manufacturing facility in Terneuzen, the Netherlands.

Key Points: 
  • Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its decision to discontinue operations at its ethylbenzene styrene monomer (EBSM) manufacturing facility in Terneuzen, the Netherlands.
  • This decision was made following the completion of joint negotiations with the Works Council in Terneuzen.
  • The plant is scheduled to officially cease operations in November 2023.
  • With the closure of the EBSM facility, the company will purchase of all of its styrene needs from third party suppliers to support its downstream businesses.

LyondellBasell Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions

Retrieved on: 
Tuesday, September 26, 2023
Carbon, International Sustainability Alliance, Carbon accounting, PCF, PO, LyondellBasell, TBA, GHG, I&D, ISCC, Styrene, PLUS, Intermediate 1, Renewable energy

"Sustainability is woven into the fabric of our business strategy," noted Kimberly Foley, executive vice president, I&D and Refining at LyondellBasell.

Key Points: 
  • "Sustainability is woven into the fabric of our business strategy," noted Kimberly Foley, executive vice president, I&D and Refining at LyondellBasell.
  • "The +LC solutions mark a critical step for our customers as they increasingly shift towards more ambitious GHG emissions reduction targets and product circularity.
  • These low-carbon solutions will use renewable, bio-based and recycled feedstocks that empower our customers to reduce their Scope 3 GHG emissions.
  • The +LC solutions are currently available in Europe and the Americas, and plans for expansion into Asia are set for early 2024.

LyondellBasell Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions

Retrieved on: 
Tuesday, September 26, 2023
Carbon, International Sustainability Alliance, Carbon accounting, PCF, PO, LyondellBasell, TBA, GHG, I&D, ISCC, Styrene, PLUS, Intermediate 1, Renewable energy

"Sustainability is woven into the fabric of our business strategy," noted Kimberly Foley, executive vice president, I&D and Refining at LyondellBasell.

Key Points: 
  • "Sustainability is woven into the fabric of our business strategy," noted Kimberly Foley, executive vice president, I&D and Refining at LyondellBasell.
  • "The +LC solutions mark a critical step for our customers as they increasingly shift towards more ambitious GHG emissions reduction targets and product circularity.
  • These low-carbon solutions will use renewable, bio-based and recycled feedstocks that empower our customers to reduce their Scope 3 GHG emissions.
  • The +LC solutions are currently available in Europe and the Americas, and plans for expansion into Asia are set for early 2024.

First Finished Products Made With Recycled Styrene Generated Through Pyrowave Technology

Retrieved on: 
Wednesday, September 13, 2023
Plastic, Elastomer, Michelin, Carbon, Styrene, Collection, SBR, EPS, Synthetic rubber, Thermoplastic

MONTREAL, Sept. 13, 2023 /PRNewswire/ - Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology.

Key Points: 
  • MONTREAL, Sept. 13, 2023 /PRNewswire/ - Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology.
  • The SBR was produced using 100% styrene recycled by Pyrowave and has passed all quality tests with no difference compared with products made from styrene of fossil origin.
  • These tests are an important milestone for further tests incorporating Pyrowave recycled styrene in tires for laboratory and track applications to confirm the performance evaluation.
  • In both cases, the styrene used originates from recycled sources, and the finished product (EPS or SBR) contains a 100% recycled styrene content.

First Finished Products Made With Recycled Styrene Generated Through Pyrowave Technology

Retrieved on: 
Wednesday, September 13, 2023
Plastic, Elastomer, Michelin, Carbon, Styrene, Collection, SBR, EPS, Synthetic rubber, Thermoplastic

MONTREAL, Sept. 13, 2023 /PRNewswire/ -- Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology.

Key Points: 
  • MONTREAL, Sept. 13, 2023 /PRNewswire/ -- Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology.
  • The SBR was produced using 100% styrene recycled by Pyrowave and has passed all quality tests with no difference compared with products made from styrene of fossil origin.
  • These tests are an important milestone for further tests incorporating Pyrowave recycled styrene in tires for laboratory and track applications to confirm the performance evaluation.
  • In both cases, the styrene used originates from recycled sources, and the finished product (EPS or SBR) contains a 100% recycled styrene content.

Groundbreaking Certification Eliminates Waste and Shifts the Food Service Market to Reusables

Retrieved on: 
Tuesday, September 12, 2023
Key, Yale Sustainable Food Program, Plastic, Food, Cancer, Multimedia, Ahimsa, Food packaging, Chemistry, School, CEH, Hospital, Cookware and bakeware, Food Programme, Restaurant, Styrene, Water, CPA, Environmental Health (journal), Climate, Health, Vinyl chloride, Environment, Center for Environmental Health, Recycling

The GreenScreen Certified® Standard for Reusable Food Packaging, Food Service Ware , & Cookware fulfills the growing consumer demand for products with preferred chemistry and less waste.

Key Points: 
  • The GreenScreen Certified® Standard for Reusable Food Packaging, Food Service Ware , & Cookware fulfills the growing consumer demand for products with preferred chemistry and less waste.
  • "Reusables are a key component to protecting our health and solving our plastic pollution, climate, and waste crises."
  • GreenScreen Certified for Reusables eliminates many of the concerns associated with single-use foodware and cookware.
  • "Reusables are a key component to protecting our health and solving our plastic pollution, climate, and waste crises.