Trinseo

FMC Corporation appoints Curt Brooks director, Investor Relations, names Zack Zaki vice president, Corporate Strategy

Retrieved on: 
Wednesday, April 3, 2024
Automation, Chemical engineering, Development, FMC Corporation, Finance, Strategic management, CFO, Duke University, Trinseo, Honeywell, FMC, Butler University, MBA, Strategy&, GSS, Booz, Drexel University, Management

PHILADELPHIA, April 3, 2024  /PRNewswire/ -- FMC Corporation (NYSE:FMC), an agricultural sciences company, today announced Curt Brooks has been named director, Investor Relations (IR). He assumes the role from Abizar "Zack" Zaki, who has been elected FMC vice president, Corporate Strategy. Brooks and Zaki will transition investor responsibilities following the company's first quarter earnings release and conference call in early May.

Key Points: 
  • PHILADELPHIA, April 3, 2024 /PRNewswire/ -- FMC Corporation (NYSE:FMC), an agricultural sciences company, today announced Curt Brooks has been named director, Investor Relations (IR).
  • He assumes the role from Abizar "Zack" Zaki, who has been elected FMC vice president, Corporate Strategy.
  • Brooks and Zaki will transition investor responsibilities following the company's first quarter earnings release and conference call in early May.
  • In addition to leading FMC's Corporate Strategy and M&A efforts, Zaki will also have executive responsibility for FMC Ventures.

Trinseo Announces Release Date and Conference Call for its Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Friday, January 19, 2024
Automotive Manufacturing, Manufacturing, Other Manufacturing, Packaging, Chemicals, Plastics, Business Wire, Trinseo, Cryptocurrency

Registration is open through the live call, but it is advised you register in advance to ensure you are connected for the full call.

Key Points: 
  • Registration is open through the live call, but it is advised you register in advance to ensure you are connected for the full call.
  • Trinseo will distribute its fourth quarter and full year 2023 financial results via press release on Business Wire and post the release and presentation slides on the Company’s Investor Relations website on Monday, February 12, 2024, after market close.
  • The Company will furnish copies of the financial results press release and presentation slides to investors by means of a Form 8-K filing with the U.S. Securities and Exchange Commission.
  • A replay of the conference call and transcript will be archived on the Company’s Investor Relations website shortly following the conference call.

New Trinseo PMMA Depolymerization Plant Reimagines Plastics Value Chain With Sustainability In Mind

Retrieved on: 
Wednesday, December 6, 2023
Manufacturing, Environment, Recycling, Sustainability, Chemicals, Plastics, Carbon, Plastic, NYSE, Natural Resources, Depolymerization, PMMA, Multimedia, Resin, TSE, Water, Acrylate, Overalls, Thermoplastic, Trinseo

Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy.

Key Points: 
  • Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy.
  • PMMA, renowned for its versatility in various applications, will be transformed through this advanced recycling and purification process where it can go back into the plastics value chain and support the goal of circularity.
  • Trinseo’s depolymerization facility is being developed around a continuous recovery model to produce high quality recycled PMMA that matches the quality of its virgin counterpart, promoting a circular plastics value chain without compromising performance.
  • A shift towards PMMA depolymerization can help deliver sustainability benefits for consumers, manufacturers, and industries alike.

Trinseo Announces Quarterly Dividend of $0.01 Per Share

Retrieved on: 
Thursday, November 16, 2023
Natural Resources, Manufacturing, Other Manufacturing, Mining, Minerals, Chemicals, Plastics, TSE, NYSE, Holding company, Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share.
  • The dividend will be a cash distribution payable on January 18, 2024 to shareholders of record as of the close of business on January 4, 2024.

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.

Trinseo Announces Release Date and Conference Call for its Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 12, 2023
Other Construction & Property, Construction & Property, Other Manufacturing, Manufacturing, Trinseo, Trinidad and Tobago Securities and Exchange Commission, Business Wire, Cryptocurrency

After registering for the conference call, you will receive a confirmation email with a meeting invitation and information for entry.

Key Points: 
  • After registering for the conference call, you will receive a confirmation email with a meeting invitation and information for entry.
  • Trinseo will distribute its third quarter 2023 financial results via press release on Business Wire and post the release and presentation slides on the Company’s Investor Relations website on Friday, November 3, 2023 after the market close.
  • The Company will furnish copies of the financial results press release and presentation slides to investors by means of a Form 8-K filing with the U.S. Securities and Exchange Commission.
  • A replay of the conference call and transcript will be archived on the Company’s Investor Relations website shortly following the conference call.

Trinseo Announces Quarterly Dividend of $0.01 Per Share

Retrieved on: 
Thursday, September 21, 2023
Chemicals, Plastics, Other Manufacturing, Manufacturing, NYSE, TSE, Holding company, Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share.
  • The dividend will be a cash distribution payable on October 19, 2023 to shareholders of record as of the close of business on October 5, 2023.

Trinseo Announces Completion of Transaction to Refinance $660 million 2024 Term Loan and $385 million of 2025 Senior Notes

Retrieved on: 
Friday, September 8, 2023
Automotive Manufacturing, Manufacturing, Textiles, Packaging, Chemicals, Plastics, Oaktree Capital Management, Centerview Partners, Note, Partnership, Angelo Gordon, Debt-to-GDP ratio, PMMA, Ropes & Gray, NYSE, Apollo Global Management, TSE, Bank, Trinseo

Proceeds will be used to refinance the entirety of the Company’s outstanding 2024 term loan and $385 million of its existing $500 million 2025 Senior Notes.

Key Points: 
  • Proceeds will be used to refinance the entirety of the Company’s outstanding 2024 term loan and $385 million of its existing $500 million 2025 Senior Notes.
  • The financing process was very competitive, a testament to investors’ strong belief in the long-term outlook for the business.
  • We welcome the support and partnership from leading investors Oaktree, Angelo Gordon and Apollo.”
    Bozich continued, “I want to thank our employees, customers and suppliers for their partnerships in managing through the current challenging demand environment.
  • Paul Hastings LLP acted as legal counsel to Oaktree, Angelo Gordon, and Apollo.

Trinseo Reports Second Quarter 2023 Financial Results, Announces Additional Restructuring Initiatives and Updates 2023 Outlook

Retrieved on: 
Thursday, August 3, 2023
Automotive Manufacturing, Manufacturing, Textiles, Packaging, Chemicals, Plastics, CASE, Works council, Death Note 2: The Last Name, Q&A, Electronics, Bank statement, Engineering, Engineered materials arrestor system, PMMA, GAAP, Absorption, ABS, EBITDA, Styrene, Terneuzen, Natural gas, EPS, Growth, Free cash flow, Adjustment, NYSE, TSE, Drug, Bank, Fine chemical, Pharmaceutical industry, Petrochemical, Trinseo

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

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its second quarter 2023 financial results.
  • Second quarter net loss from continuing operations of $349 million was $386 million below prior year.
  • Commenting on the Company’s second quarter performance, Frank Bozich, President and Chief Executive Officer of Trinseo, said, “As expected, second quarter sales volume was sequentially similar as general market conditions remained unchanged.
  • Trinseo will host a conference call to discuss its second quarter 2023 financial results on Friday, August 4, 2023 at 10 a.m. Eastern Time.