Certain articles contain the author's personal recommendations only. Expanding PMMA Offerings. 50 YEARS of rich history, customer-centric focus and a pioneering path of innovation. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. 696 0 obj <> endobj Aristech’s high margin profile and strong cash flow conversion is expected to drive long-term value for shareholders. The acquisition includes the addition of approximately 300 employees across two manufacturing and R&D locations in Florence, Kentucky and Belen, New Mexico. H��T�N�@}߯�Ǹ��{߬���^T���@y�L�`���=��c���X����圳kWG��f�l::8���n�\��袪۟T-ڮk�T}Z�;���l�;����7](R�"�b������f�>�_�����D�����cE�Ӵ/�v+���ӽPRYMJj��?Z�m�!�GS�V��m�ߊR;-C0�ݱoe�� 3�5����@�����F�&ii�݉k�~#��a1F�3�~��Ar� �;���|&輡��_@�`�4�jS�>���ir���� ���V:��>2 Ƶ7�l�Gl뽄��1d�H����0>H5"^F����� F�a�� �U>���W�ц��.J�[:/S؋*�w�6��1��]��Y.Js��;�r�q��Q}�*:i�E "�oDU�L�^0V�Q�@�տ(���Gd���hc"��ފ��cuQ:��E���4�8(�-�V[� ��-J�G3�N�H���S�UO���\r��ǬZ:/�ęr(=z�c�ø}��CӬ2�����8~=쌙w���_������(Nkqz��z��zQ5�ʖ׬*.�(koZȊKn�xM��=&6��xx��H�� ���}3��=������Gc�]ΊC�8U����5�qi:�y��6�Ø4����/w��ֵ���a���:��{�覆����VǞ����Td8 Trinseo (Berwyn, Pa.) announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC, to acquire Aristech Surfaces LLC, a leading North American manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets. This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. The Valence Group of Piper Sandler is acting as financial advisor and Morgan Lewis is acting as legal counsel to Falcon and Aristech. We believe these measures are useful for investors and management in evaluating business trends and performance each period. Aristech’s products are used for a variety of applications, including the construction of hot tubs, swim spas, counter tops, signage, bath products and recreational vehicles. Berwyn, PA – Trinseo announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC, to acquire Aristech Surfaces LLC, a North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 0 !�"�����p�Ј���h�� ��3�.�i������h�β����ՎW�O����vƖc;��{���b���jk����`c���{�������p�8��py�U��UET�[[� This second edition of An Introduction to Plastics is the answer to manifold requests for an updated version by the readership. Since publication of the first edition in 1993, the field of plastics has seen tremendous development. LLC, to acquire Aristech Surfaces LLC, a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets. The transaction is expected to generate approximately $10 million in annual pretax cost synergies by 2024 and additional revenue synergies by leveraging Trinseo’s footprint and customer relationships in North America, Europe and Asia. Trinseo to Acquire Aristech Surfaces LLC as Part of Its Transformation to a Specialty Materials and Sustainable Solutions Provider. This information has not been conformed to the accounting policies followed by Trinseo. We are eager to welcome the Aristech team and we believe the complementary technical capabilities and focus on customer relationships will drive superior results for the PMMA business globally.”. ϣ���sˀ����Td�q5z��s�#� q/?� Found insideThe selection also covers considerations in laser manufacturing and a survey in laser applications. The text is recommended for both experienced laser users, engineers, or scientists yet unfamiliar with the subject. In addition to using standard measures of performance and liquidity that are recognized in accordance with accounting principles generally accepted in the United States of America (“GAAP”), we use additional measures of income excluding certain GAAP items (“non-GAAP measures”), such as Adjusted EBITDA and measures of liquidity excluding certain GAAP items, such as Free Cash Flow. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding the estimated and future results of operations, expected margins, growth potential and synergies relating to the acquisition of Aristech, and the timing and completion of the acquisition, our business, the economy and other future conditions. Press Contact: %PDF-1.6 %���� Assembling the work of an international panel of researchers, Mass Spectrometry of Nucleosides and Nucleic Acids summarizes and reviews the latest developments in the field and provides a window on the next generation of analysis. The transaction is expected to generate cost and revenue synergies. | Privacy Policy | Diversity Inclusion & Equity, White Biotech – safeguarding the future of generations, Since 2007, Chemical Engineering has bestowed an annual scholarship to…, Using a vast collection of experimental distillation-column data, sieve tray…, New electrochemical processes are being developed to help CPI companies…, Bionext and its partners — a consortium of six industrial…, A first-of-its-kind pilot project in Abu Dhabi is integrating large-scale…, Construction is underway on a demonstration plant for manufacturing 1,5-pentanediol…, Biological processes can be used for the conversion of greenhouse…, A hydrometallurgical process for recovering vanadium from slag, a byproduct…, Automated synthesis One of the most modern infrastructures for automated…, EnviroGold Global Ltd. (Toronto, Ont., Canada; www.envirogoldglobal.com) has filed a…, A new fibrous catalyst-support material can enhance a wide range…, Plant Watch PPG starts up sealants manufacturing plant in Morocco…, Sequencing batch reactors (SBRs) are a variation on the activated…, This practical guide provides information on proven backwash-tuning techniques that…, Properly specifying process control valves for a plant project is…, Adipic acid (hexanedioic acid; Figure 1) is among the most…, This vibratory feeder is ideal for feeding fragile materials The…, Flow Detective Plus (photo) is an electronic airflow-meter calibrator designed…, The MAN-LC (photo) is said to be the only digital…, DetaPipe (photo) is a new high-performance clad-metal pipe product designed…, Vartech Industrial System Cleaner (ISC; photo) provides turbine operators with…, This company’s sanitary vertical blenders (photo) are engineered for rapid…, The new Xtreme (forged) head (photo) is designed for use…, This company’s line of multi-purpose pressure gages (photo) includes models…, ParallelPro (photo) is a leveling tool designed for chemical-vapor-deposition (CVD)…, Branson MCX Series cleaners (photo) are ultrasonic systems purpose-built for…, The Water Environment Federation Technical Exhibition and Conference (Weftec; www.weftec.org)…, Solvay S.A. (Brussels, Belgium) announced the installation completion of its new thermoplastic composites (TPC) manufacturing facility at its Greenville, South Carolina…, Quiz questions and answers provided by Pick Heaters Inc. Found insideThe two volumes cover thermoplastics grouped within the following parts: - Acrylic Polymers and Copolymers - Acrylonitrile Polymers - Cellulosics Polymers - Ionomers - Olefinic Polymers - Polyacetals - Polyacetals - Polyamides - ... Such measures are not recognized in accordance with GAAP and should not be viewed as an alternative to GAAP measures of performance or liquidity, as applicable. A replay of the conference call and transcript will be archived on the Company’s Investor Relations website shortly following the conference call. For cautions and other information relating to handling of an Trinseo (TSE) inks agreement with SK AA Holdings to acquire Aristech Surfaces to offer PMMA technologies to high-growth markets. We’d like to share more about how we work and what drives our day-to-day business. Trinseo's (TSE) Aristech buyout is another step toward its transformation efforts, which are focused on becoming a global specialty materials and sustainable solutions provider. Acquisition of coatings company Aristech Surfaces / Integration of PMMA activities. Learn More. Print “The acquisition of Aristech allows us to provide a full offering of PMMA technologies and innovative products that serve customers in new, high-growth markets,” said Frank Bozich, Trinseo President and Chief Executive Officer. HOUSTON (ICIS)--Trinseo’s planned acquisition of Aristech Surfaces is “absolutely not” an opportunistic move by the US-based manufacturer of plastics, latex binders, synthetic rubber and other materials, its CEO said on Tuesday. The transaction is expected to generate approximately $10 million in annual pretax cost synergies by 2024 and additional revenue synergies by leveraging Trinseo’s footprint and customer relationships in North America, Europe and Asia. Found insideIn particular, this Second Edition highlights how advances in electrospray and MALDI mass spectrometry are supporting important discoveries in new and emerging fields such as proteomics and metabolomics as well as in traditional areas of ... The collective technical and commercial teams will work together to accelerate growth and deliver meaningful value to shareholders. 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. The page you requested is for PIE subscribers only. Trinseo S.A. TSE recently completed the previously announced transaction to acquire Aristech Surfaces LLC. endstream endobj 701 0 obj <>stream Expanding PMMA Offerings. Found insideState-of-the-art guide to plastic product design, manufacture and application. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Trinseo will host a conference call to further discuss this announcement on Tuesday, July 20, 2021 at 8:00 a.m. Eastern Time. Aristech Surfaces soll in die Konzernsparte Engineered Materials integriert werden. Trinseo anticipates the transaction will close by year-end 2021 subject to customary closing conditions and regulatory approvals. “The acquisition of Aristech allows us to provide a full offering of PMMA technologies and innovative products that serve customers in new, high-growth markets,” said Frank Bozich, Trinseo President and Chief Executive Officer. 50 YEARS of rich history, customer-centric focus and a pioneering path of innovation. Email: dpokedoff@trinseo.com, Investor Contact: The business produces PMMA continuous cast and solid surface sheets … Trinseo Trinseo-Chef Frank Bozich erklärte in der aktuellen Aussendung: "Die Übernahme von Aristech ermöglicht uns ein umfassendes Angebot an PMMA-Technologien und innovativen Produkten für Kunden in neuen, wachstumsstarken Märkten. Aristech will continue to operate as a stand-alone entity within the Engineered Materials segment, while Trinseo continues the integration of the PMMA business it purchased earlier this year. Read our editorial policy to learn more about our process. July 20, 2021. Decrease SizeIncrease Size Tel : +1 610-240-3307 BERWYN, PA – (COMMERCIAL THREAD) –Trinséo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced that it has signed an agreement with SK AA Holdings, LLC, a subsidiary of Falcon Private Holdings , LLC (“Falcon”), to acquire Aristech Surfaces LLC (“Aristech”), a leading North American … The present volume comprises physical data (mechanical, thermal, electrical, optical properties) of three types of specialty thermoplastic materials and provides detailed chemical and process-related information of their behavior in their ... Trinseo expects its net leverage ratio to be in the low-2x range at the end of the year, including proforma adjustments for the Synthetic Rubber divestiture and the Aristech and Arkema PMMA … From the reviews of the bestselling First Edition: "A very useful contribution to the plastics industry. Berwyn, PA – Trinseo announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC, to acquire Aristech Surfaces LLC, a North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets. Found insideThe CRC Handbook of Solubility Parameters and Other Cohesion Parameters, Second Edition, which includes 17 new sections and 40 new data tables, incorporates information from a vast amount of material published over the last ten years. Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC (“Falcon”), to acquire Aristech Surfaces LLC (“Aristech”), a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA) … Aristech’s products are used for a variety of applications, including the construction of hot tubs, swim spas, counter tops, signage, bath products and recreational vehicles. BERWYN, Pa., July 19, 2021--Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC ("Falcon"), to acquire Aristech Surfaces LLC ("Aristech"), a leading North America manufacturer and global … endstream endobj 700 0 obj <>stream Andy Myers Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC (“Falcon”), to acquire Aristech Surfaces LLC (“Aristech”), a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA … Create your own user feedback survey, Metso Outotec Corp. (Helsinki, Finland) has signed an agreement with Florence Copper Inc., a subsidiary of Taseko Mines Limited, to…, Plug Power (Latham, N.Y.), a leading provider of turnkey solutions for green hydrogen, announced its expanding operations with a European…, Linde plc (Guidlford, U.K.) announced plans to increase production capacity at its air separation plant in Mims, Florida, to meet…, Sieve Tray Stability Factor Based on Efficiency Data, An integrated thermochemical process makes advanced biofuels from biomass, Solar-powered water extraction from atmospheric air, Cost-efficient, on-purpose 1,5-PDO from bio-based starting material, High-pressure fermentation for optimizing CO2 utilization, Vanadium recovery from steel slag scales up, Increasing recovery of metals from refractory mine tailings, Fibrous catalyst support boosts yields and reduces coke buildup, Sequencing Batch Reactors for Water Treatment, Backwash Tuning for Reliable Sand Filtration, Facts At Your Fingertips: Specification Considerations for Control Valves, Technology Profile: Production of Adipic Acid, An advanced calibration platform for airflow meters, The first digital pressure gage with IO-Link, This pipe combines corrosion resistance and durability, Improve turbine reliability with this oil-cleaning system, Vertical blenders for sanitary applications under vacuum, New, durable forged heads for cone crushers, Multi-purpose pressure gages for oil, ammonia and more, Increase efficiency and service life in CVD process control, Clean injection molds using ultrasonic technology, Solvay completes new themoplastic composites production line in South Carolina, Metso Outotec to provide electrowinning and solvent-extraction technology to Florence Copper, Plug Power to establish European headquarters in Germany, Linde to increase capacity of air-separation plant in Florida, FLOWSIC100 Flare-XT: Ultrasonic flare gas measurement, Multiple Tenure-Track Faculty Positions - Carnegie Mellon University/Mechanical Engineering - Pittsburgh, PA, Process Engineer - Blasch Precision Ceramics - Albany, NY, Sr.

We Thank Thee, Lord Hymn, Second Marriage Anxiety, Carlon Old Work Box Installation, Mobile Homes For Sale In Illinois By Owner, Haircut Calendar August 2021, Hotels With Jacuzzi In Room Pigeon Forge Tn, Hartsell Funeral Home Obits,