Technology produces quality on par with virgin
material without sacrificing performance
-Process enables the efficient recycling of PMMA-based materials
-Scheduled to be commissioned Q1 2024 in Rho, Italy -Supports
continued transformation of the company’s portfolio to focus on
sustainability-driven innovation
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. Scheduled to be commissioned in Q1 2024, this demonstration
facility marks a pivotal step towards reshaping the plastics
ecosystem as part of the circular economy. 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. This depolymerization operation will be designed to
enable the efficient recycling of end-of-life PMMA, as well as
other difficult to recycle structures, which will ultimately be
used to produce acrylic resins, sheets, and compounds containing
recycled materials.
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Trinseo Manufacturing Operations, Rho,
Italy. Site of future demonstration PMMA depolymerization facility.
(Photo: Business Wire)
Depolymerization is a chemical recycling technology which is
complementary to more traditional mechanical recycling processes.
While mechanical recycling is vital to a successful circular
economy, depolymerization creates brand new opportunities by
reducing the polymer back to its constituent monomers. This allows
for the recycling of a wider variety of PMMA-based materials,
supporting an increase in recycled content and overall recycling
rates, and helping reduce the manufacturing demand for virgin
materials.
“Innovation in recycling technologies is imperative to
effectively recycle various types of materials. This new facility
is yet another major achievement towards a scalable system with the
goal of making PMMA a truly circular material of high quality,”
said Trinseo’s Chief Sustainability Officer, Francesca Reverberi.
“When combined with our own in-house sourcing and treatment of
collected materials through our Heathland recycling operation, our
PMMA depolymerization plant will offer a high-performance solution
for a world increasingly looking for new ways to address
sustainability in the plastics supply chain,” added Reverberi.
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.
Using this advanced recycling technology, the introduction of
recycled monomer into the supply chain helps support achieving
targets for lowering carbon emissions, water consumption, and the
conservation of natural resources, as indicated by the MMAtwo
project's environmental benefits calculator. A shift towards PMMA
depolymerization can help deliver sustainability benefits for
consumers, manufacturers, and industries alike. From car lamps to
signage and more, this technology creates the opportunity to give a
range of everyday products a second life and beyond.
Material produced using the depolymerization process will be
integrated as part of Trinseo's distinctive “R-Life” portfolio
designed around a commitment to sustainability, covering both
mechanically and chemically recycled PMMA grades. These products
find applications across mobility, construction, and consumer
goods, aligning with the growing demand for products that are
developed with sustainability in mind.
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 3,300 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 $5.0 billion
in 2022. 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
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"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, including the closure of certain plants and product
lines, and to successfully generate cost savings and increase
profitability; our ability to successfully execute our business and
transformation strategy; increased costs or disruption in the
supply of raw materials; increased energy costs; compliance with
laws and regulations impacting our business; conditions in the
global economy and capital markets; our ability to meet the
covenants under our existing indebtedness; our ability to
successfully investigate and remediate chemical releases on or from
our sites, make related capital expenditures, reimburse third-party
cleanup costs or settle potential regulatory penalties or other
claims; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231206633138/en/
Brian Risinger Director, Corporate Communications
brisinger@trinseo.com
Trinseo (NYSE:TSE)
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