BERWYN, Pa. --(BUSINESS WIRE)--
Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that Trinseo will begin production of MAGNUM™ ABS Resin at its Zhangjiagang, China site in 2017.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161014005080/en/
Trinseo’s MAGNUM™ ABS Resins (left side of photo) as compared to competitors’ emulsion ABS resins manufactured in China. Trinseo’s continuous polymerization technology yields ABS of superior quality compared to competitive ABS resins produced in the region today. (Photo: Business Wire)
The investment project, which began in 2015, is based on Trinseo’s proprietary process technology, which yields ABS of superior quality compared to competitive ABS resins produced in China today. MAGNUM™ ABS delivers greater product stability -- which can reduce costs for molding, compounding, extrusion, and thermoforming -- while offering superior aesthetics in the final product.
MAGNUM™ ABS is an ideal fit for automotive, buses/utility vehicles, appliances, electronics, consumer goods, furniture and sanitary applications, and building and construction applications where aesthetics are important.
“For end-use applications where looks matter, MAGNUM™ ABS will be an advantaged choice for customers in Asia who need to meet demanding customer aesthetics while keeping fabrication costs down,” said Francesca Reverberi, Business Director, Basic Plastics. “With MAGNUM™ ABS, customers in China and across Asia will be able to achieve production efficiencies and cost savings through greater product stability and color stability. This means peace of mind that customers will be able to deliver consistent color and finish, and superior end aesthetics every time.”
“Production of Trinseo’s MAGNUM™ ABS in Zhangjiagang reinforces the long-term commitment of Trinseo’s automotive business to have local production of its global products in all major regions, further supporting our global partnerships with major OEMs,” said Dagmar van Heur, Vice President, Performance Plastics.
MAGNUM™ ABS offers a number of properties valued by molders and compounders in China and across Asia, including:
- A purer white base color, with better color retention and stability over time
- A more thermally stable product, with fewer black specks
- A purer, lower gel product with less VOCs and residual impurities, and consequently lower odor, supporting better air quality in interior automotive applications
- High impact resistance and durability over time
- Superior surface aesthetics
Together, these properties will enable molders and compounders to consistently deliver a high quality part at a lower cost, due to:
- Less pigment needed to achieve the right result
- Less employee time needed to adjust the machines
- Less machine downtime
- Less wastage between batches
Learn more about MAGNUM™ ABS at http://www.trinseo.com/Products/Plastics/Products/MAGNUM-ABS.
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solution to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $4.0 billion in revenue in 2015, with 18 manufacturing sites around the world, and more than 2,200 employees. For more information visit www.trinseo.com.
Forward Looking Statements
This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release may include, without limitation, forecasts of growth, revenues, business activity, acquisitions, financings and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. As a result of the foregoing considerations, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
(c)Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.