Trinseo Starts Up New TPE Pilot Facility in Hsinchu, Taiwan
|
 |
|
|
|
|
|
|
|
|
New facility enables faster innovation cycles for sustainably advantaged materials across markets
BERWYN, Pa., Dec. 2, 2020 /PRNewswire/ -- Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced today the inauguration of its Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan. The new pilot facility represents a major step in Trinseo's wider growth strategy for TPEs, enabling it to locally produce custom-engineered TPE and thermoplastic urethanes (TPU), together with its leading bioplastics portfolio, for key customers in the Asia-Pacific region.
 The state-of-the-art pilot facility is built at Trinseo's existing manufacturing site in Hsinchu, and will enable faster innovation cycles in close collaboration with customers for sustainably advantaged materials in the Automotive, Consumer Electronics, Footwear and Medical markets. It complements Trinseo's existing main TPE development center in Mussolente, Italy, which is leading industry developments in the design and production of sustainable soft-touch plastics.
The new Hsinchu plant has been launched on schedule, despite the challenges associated with constructing a state-of-the-art facility during the global Coronavirus pandemic. Upon its opening, Trinseo celebrated 15,000+ safety hours in a development project that spanned three regions under the most challenging circumstances.
"We are very excited to start up the pilot facility for our custom-engineered TPE and TPU closer to customers in the Asia-Pacific," said Francesca Reverberi, Vice President, Engineered Materials and Synthetic Rubber, Trinseo. "The pilot plant offers a potential platform through which Trinseo can fulfil increasing demand for TPEs, brought about by megatrends such as the growth in telemedicine and the convergence of medical and consumer electronics. These trends bring a requirement for more user-friendly and sustainable devices with greater use of soft-touch materials and bio-based plastics."
The pilot plant will play a significant role in helping Trinseo achieve its 2030 Sustainability Goals, which specify that sustainably sourced materials will form the basis of 40% of Trinseo's portfolio within a decade. Trinseo's biobased and biodegradable TPE and TPU materials comprise a significant portion of the company's environmentally friendly portfolio, and the pilot facility is expected to accelerate adoption and development of these solutions.
The Hsinchu plant is already supporting Trinseo's sustainability aims by compounding best-in-class resins made with post-consumer recycled plastics, used primarily in consumer electronics. Furthermore, the plant will enable Trinseo to continue its evolution into a true solutions provider to customers in Consumer Electronics, Footwear, Medical, Automotive TPE and Appliances & Tools – with a strong focus on sustainability.
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 $3.8 billion in net sales with 2,700 employees globally in 2019. For more information, please visit: www.trinseo.com.
Note on Forward-Looking Statements
This press release may contain "forward-looking statements" including, without limitation, statements concerning plans, objectives, goals, projections, expectations, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts. Forward-looking statements may be identified by the use of words like "expect," "estimate," "will," "may," or expressions of similar meaning. Forward-looking statements reflect management's evaluation of information currently available and are based on the Company's current expectations and assumptions regarding the impact from the COVID-19 pandemic, the Company's business, the economy and other future conditions. Specific factors that could cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, risks related to the ongoing impact of the COVID-19 pandemic and those discussed in the Company's Annual Report for the year ended December 31, 2019 filed with the Securities and Exchange Commission ("SEC"), in subsequent Quarterly Reports on Form 10-Q and in other filings and furnishings made by the Company with the SEC from time to time. Other unknown or unpredictable factors could also have material adverse effects on the Company's performance. As a result of these or other factors, the Company's actual results may differ materially from those contemplated by the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof and are not a guarantee of future performance. The Company undertakes 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.
Photo - https://mma.prnewswire.com/media/1344280/Trinseo_New_TPE_Pilot_Facility_in_Hsinchu.jpg
|
More News by PR Newswire India
Self Storage India to launch first of four new NCR facilities on 1st February 2021
Rogers International Commodity Index (RICI®) Composition Unchanged -- FX Source Changed
Ascend Performance Materials' Acteev technology takes prize at Outdoor Retailer Innovation Awards
Frost & Sullivan Experts Present a Strategic Outlook of the Global Automotive Industry in 2021
OKExChain launches Swap and Farm DApps, allowing users to increase their OKT earnings
Simplilearn Wins Fourth Consecutive EC-Council Global Award
Let the Countdown Begin! One Year Until Special Olympics World Winter Games Kazan 2022
Iyuno Media Group Enters Agreement to Acquire SDI Media
Terralogic Announces the Acquisition of US-based, PDS Inc. Effective date: January 11, 2021
NEI recognized among India's Top 30 Best Workplaces in Manufacturing 2021
Strengthening the future of education at TEGS 2021 - empowering educators to overcome unforeseen challenges
Manipal Education and Medical Group Launches 'UNext' - An Affordable, End-To-End, Online Learning Platform For Professional Courses
Hisense Creates Bold New Campaign With Partner Club Paris Saint-Germain
Global Center on Adaptation (GCA) : Nobel Laureates, Global Scientists call on World Leaders to Accelerate Climate Adaptation as part of Post-Covid Economic Stimulus
SVP Global Q3 Results exceeds Expectations, Consolidated QoQ PAT up 35%
Havas Health & You Evolves Network Positioning, Announces Chief Content Officer Hire Lars Bengston, and Launches Content Assembly
Contrast Security Empowers Zurich to Secure Its Digital Transformation Efforts
Menarini Receives European Commission Approval of ELZONRIS (tagraxofusp), for the Treatment of Blastic Plasmacytoid Dendritic Cell Neoplasm (BPDCN)
United Power Electrifies Their Customer Experience with Bright Pattern Cloud Contact Center Software
OFS Portal Approaches 21 Years Of Data Stewardship, Surpasses 500 eCommerce Agreements With Trading Partners
OneWeb Announces Eric Gillenwater as Vice President and Business Head of Global Carrier and Enterprise
EyeQue Acclaimed by Frost & Sullivan for Its Wide Range of Consumer-friendly, Hand-held Ophthalmic Monitoring Solutions
Matteo Magnani Joins Firmenich as Chief Consumer & Innovation Officer, Perfumery
IDBI Intech Announces the Appointment of Suresh Khatanhar as the New Chairman of the Board
Panchshil Office Parks Honoured with 3 Safety 'Oscars'
General Aeronautics, Unmanned Aerial Vehicle Specialist, Raises INR 65 Million Pre-Series A Funding
Empirix Helps CEHE Confidently Migrate to Five9 Cloud-Based Contact Center Software
Atradius to host a series of virtual events on the future of global trade
68 Percent of Professionals see learning as the key to landing better opportunities: Survey by Simplilearn
Shanghai Electric Strengthens Environmental, Social, and Corporate Governance for Dubai MBR Solar Park Project
8K Miles Software rebrands itself as SecureKloud Technologies Limited
TheMathCompany is All Set to Become a Flexi-Work Workplace
ERBA Mannheim Launches 2nd Generation SARS-CoV-2 RT-PCR Assay with room temperature storage
NANO Accelerates Content Delivery by Thirty Times with Solutions from ZephyrTel
3Pillar Global Great Place to Work-Certified in India for Fourth Year
V-Guard acquires non-controlling stake in a battery startup - Gegadyne Energy Labs Private Limited
Northway Biotech Opens New Biopharmaceutical Manufacturing Facility in Greater Boston Area
dunnhumby Code Combat live with over 3000 registrations in three days
Housing.com partners with MoEngage to boost platform enquiries by 15%
Notice of Proposed Claims and Distribution Process for the Veritaseum Fair Fund and Opportunity to Object
Shaip Launches Its Global ShaipCloud™ Platform Built for Generating AI Training Data
Supermicro Unveils NVIDIA GPU Server Test Drive Program with Leading Channel Partners to Deliver Workload Qualification on Remote Supermicro Servers
Celsius crosses $5.3B in assets, grows total assets 10X during 2020
iBwave to Offer an All-in-One Indoor & Outdoor Network Design Solution
HarperCollins Publishers India is delighted to announce 'Kamala Harris: Phenomenal Woman' by Chidanand Rajghatta
FLAME University to host the inaugural 'FLAME Purpose Summit 2021'
Launching Infosys Cortex: AI-First, Cloud-First Customer Engagement Platform, Part of Infosys Cobalt, to Humanize Customer Experience, Empower Agents and Drive Intelligent Operations for Enterprises
STL delivers a strong third quarter with continued Q-o-Q growth
Unnati Issues Digital Certificates via Certif-ID in Face of Pandemic
STL enhances its Board with global business leaders
HGC announces strategic expansion to extend ICT capabilities in Asia with Singapore upgraded as major Asian hub
CIE at IIIT Hyderabad announces the start of its next cohort of Deep tech Accelerators
Dow, Liby and LOVERE ink MoU to advance sustainability in packaging agenda
JAGSOM Bangalore, formerly IFIM B-school, completes 100% Final Placement 2021; Avg Salary up by 12% to Rs.10.21 LPA
Clarivate Enhances Cortellis CMC Intelligence Platform with Addition of Comprehensive Biologics Content
HGC brings hyperscale ultra-connectivity to 20+MW Hong Kong cloud data centre
Cobwebs Technologies Discusses the European Commission's New Counter-Terrorism Agenda and How It Can Be Tackled Using Automated Web Investigation Technologies
Balaxi Pharmaceuticals reports Revenue of INR 1,784 million for 9M FY21
From Freshers to Experienced, a Bright Future for all is the Promise of MIT-SDE
PureCircle and Almendra Resolve U.S. Patent Litigation
Stock Pro - A Training and Guiding Solution for all Stock Market traders and investors
Award-winning socially driven startup, CabDost, merges with Dvara Money
ISGF announces the 7th edition of India Smart Utility Week 2021, an International Conference and Exhibition on Smart Energy and Smart Mobility for Smarter Cities from 02 - 05 March 2021
Thepackersmovers.com, An Online Directory Expands Its Operations In The USA for Smooth International Relocation
AVerMedia Launches the Live Streamer CAM 513 -- 4k UHD, Wide-angle Lens Webcam with Exclusive Camengine Software
A new, unprecedented solution for human behavior analysis
Swiss Artists And Swisscom Score A World Premiere: First Public Broadcasted, Decentralised Live Music Experiment Was Successful
Unbxd joins Adobe Exchange Partner Program to automate site search and relevance setup for Adobe customers
Tackling global warming? Apply for the Keeling Curve Prize by Feb. 10
Körber enables modern, award-winning supply chain operations for dm-drogerie markt
GA-ASI Completes Unmanned Aircraft Anti-Submarine Warfare Demonstration of Sonobuoy Dispensing & Remote Processing
LTI USD Revenues grow 5.8% QoQ and 8.5% YoY; Net Profit up by 37.9% YoY
PTT Exploration and Production Public Company Limited Selects GEP SMART™ Procurement Software Platform To Manage Entire Sourcing
Food testing labs gain productivity boost with new 3M™ Petrifilm™ Plate Reader Advanced
FII Institute Confirms 140 Plus Headline Speakers For Two-day FII Conference
Leading Automakers and Technology Companies Advance Blockchain Vehicle Identities that Could Help Buyers Avoid Cars with Incorrect Mileage, Maintenance, or Damage Histories
Aon CEO Greg Case Recognized as Top Ally on INvolve OUTstanding LGBT+ Ally Executives List
Passport Technology Inc. and Automated Systems America Inc. Combine to Form Leading Gaming Payments Technology Company
Sirtex Medical announces collaboration update with OncoSec Medical
La Liste, the world's best restaurant selection, reveals special awards for 2021 recognizing commitment, resilience and innovation across the global gastronomy sector
Global Green Hydrogen Production Set to Reach 5.7 Million Tons by 2030, Powered by Decarbonization
Artmarket.com: Artprice Global Indices show the strength of Contemporary Art and Drawing in 2020: both segments adapted particularly well to rapid digitization
NSE-BSE bulk deal: Nexpact Limited buys stake in Kellton Tech Solutions Ltd.
Heng Hiap Applauded for Mitigating the Damaging Effects of Plastics Pollution with its Intelligent Plastic Technologies
Virtual Visits and Connected Health Solutions Provide Better Care Delivery and Optimize ROI
Altair and Rolls-Royce Germany Join Forces to Converge Artificial Intelligence and Engineering
Infosys Builds applied AI Cloud, Part of Infosys Cobalt, to Democratize AI Within its Workforce and Expand Ability to Drive AI-driven Transformation for Enterprises
Power Sustainable launches the Power Sustainable Energy Infrastructure Partnership, a $1B investment platform dedicated to the North American renewable energy sector
Occlutech's Atrial Flow Regulator (AFR) Receives U.S. FDA Breakthrough Device Designation for Heart Failure (HF)
Players from India can win $1.58 billion in Powerball and Mega Millions jackpots on Lotto247.com
Mainstream Renewable Power signs EUR1 billion equity investment deal with Aker Horizons to deliver 5.5 GW global build-out programme by 2023
Jägermeister Launches Limited "Best Nights" Streetwear Collection
Cloud-based Email and Web Security Solutions to Propel the APAC Secure Content Management Market by 2024
Karda Constructions reports 23% y-o-y growth in new bookings in Q3, indicating turnaround in housing sector post-lockdown
InDevR Launches VaxArray Measles and Rubella Kit for Improved Vaccine Antigen Characterization
Unleash Your Creativity with FlipaClip on AppGallery Today
Dr. Kumud Kumar Dhital, Pioneer of the world's first Dead Heart Transplantation, has joined Yashoda Hospitals Hyderabad
ECPT Career Seminar - 22nd Jan, Counsellors Will Speak On Career Choices After Class 12th
QuEST Global reinforces leadership position in Zinnov Zones ER&D & IoT services ratings
UST Global Announces New Bold Brand and Dynamic Logo, Changes Name to UST
Strategic Alliance Of Aarvi Encon In Middle East Countries
Excellon Software Lauded by Frost & Sullivan for Enhancing the Operations of Automobile Dealers with Its Unique DMS
Daffodil Software bags the Best Financial Mobile Application award at the 2020 Mobile Web Award Competition
CPT Career Seminar - 22nd Jan, Counsellors Will Speak On Career Choices After Class 12th
Couple in Kerala celebrates Wedding Anniversary with 3.3 Crores Jackpot Win
M&A valuations boom in the second half of 2020, despite COVID-19 impacts on the economy, according to PwC
"Enough is Enough!" says RevBits CEO
Tradewind Finance Delivers USD 5 Million Credit Facility for Meat Trading Company based in USA with Subsidiary in Brazil
Prakriti E-Mobility honoured with the Achievers Award 2020
IET India study captures Voices from the Ground: Unheard impact of COVID-19 on India's workforce
Amazfit GTR 2e and Amazfit GTS 2e Praised in the Media Spotlight at CES 2021
New report from FDI World Dental Federation tackles oral health inequalities and outlines strategies to improve oral healthcare over the next ten years
Infosys Accredited with Google Cloud Partner Specialization for Data and Analytics
Frost & Sullivan Recognizes Teleperformance as Innovation Leader in the Australia Customer Experience Outsourcing Services Market
JD Institute of Fashion Technology, South call for Admissions for 2021/22
LMRKTS helps banks bridge the SA-CCR adoption gap
Comviva Introduces next-gen Digital Services Delivery Platform to drive innovation and business growth
Pantum Launches New Global Elite Series of High-end Printers
Lexus Premieres All-new Variant of Its Luxury Sedan LS 500h
Chumbak announces Sara Ali Khan as their first brand ambassador
MFine Raises $16m From New & Existing Investors Led by Heritas Capital as Adoption of Digital Health Soars in India Amidst COVID-19 Pandemic
CricketPang Kindergarten, an educational app by You Need Character, exceeds 60,000 downloads a month after launch.
Jain (Deemed-to-be) University's educational model is to bring in the industry certifications, guarantee* placement programs and study abroad at California Riverside (USA)
42Gears SureMDM Simplifies Setting up Kiosk Mode on Linux Devices
Microland earns the coveted Windows Server and SQL Server Migration to Microsoft Azure Advanced Specialization
Mid-Caps & Small-Caps like Kellton Tech Sparkle in Post-Pandemic Gloom
Danish watch brand, REC Watches, gives new life to the World's Most Expensive Mustang!
The China International Import Expo, a boost to global service trade
St. Botanica Introduces 'GO Range' for Hair Care - Launches India's First Purple Shampoo and Conditioner
Harbin Harnesses Ice, Snow for Tourism Growth
Huion KD200: The Innovative Combination of Keyboard and Pen Tablet Won Three International Design Awards
SPJIMR closes placements on a high in a challenging year
JA Solar Supplies Largest Single Photovoltaic Project in Guam with All Modules Needed for Completion
An Homage to Nature: THOMAS SABO launches the Spring/Summer Collections 2021
The China International Import Expo spurs global cooperation in intelligent industry and information technology
Fractal strengthens its Cloud AI business: Acquires enterprise AI provider Zerogons
Huawei Residential Smart PV Solution Supports Vietnamese Households To Optimize the Use of Solar Energy
Asia-Pacific Contact Center Applications Market to See Buoyant Growth, Thanks to Analytics
Xebec Strengthens its B2B Marketing services with proprietary CRM tool HELM
Food Logistics Recognises Crown as Top Technology Provider
Joget Launches Redesigned Marketplace to Accelerate No-Code/Low-Code Applications, Plugins and Solutions for Digital Transformation
TokenEx Data Protection Platform named 'Cyber Catalyst'
Partnership Details Strategic Priorities At DSM 202ONE Annual Kickoff
Hyde Engineering + Consulting Announces Appointment of Chief Executive Officer
MANA Products, Meiyume, and RPG form The Vertical Beauty Alliance to deliver seamless, end-to-end beauty solutions around the world
Cinotop&Micron Showcases Touch Everywhere at CES
8 Global Shifts for 2021 Reshaping Industries, Governments and Society
Jeffrey Archer returns to HarperCollins in major three-book deal
Deloitte Consulting Completes Acquisition of HashedIn Technologies
Live-streaming Broadcasters Come Together to Celebrate Resilience and Creativity at the BIGO Awards Gala 2021
Nonin Medical Announces New Full Board of Directors
OFS Portal & Taulia Collaborate on PIDX Integration
Crystal Denlinger Named Chief Scientific Officer for National Comprehensive Cancer Network
Freshwater Supply Challenge Stimulates Innovation in Reverse Osmosis Seawater Desalination Technology
LTI and IBM to Expand Global Alliance to Help Organizations Accelerate Digital Transformation with Open Hybrid Cloud
Manulife Investment Management reinforces its digital prowess in Asia with new senior role
Xinhua Silk Road: SCO Secretariat, TCSA jointly host "National Data Brain" Summit
OKEx adds real-time settlement for ALGOUSD, ATOMUSD and 20+ coin-margined perpetual swaps
Cytiva delivers modular biologics factory to Lonza