Company Overview of Trinseo SA
Trinseo S.A., a materials company, manufactures and markets various emulsion polymers and plastics. It operates through four segments: Latex, Synthetic Rubber, Performance Plastics, and Basic Plastics and Feedstocks. The company’s principal products include styrene-butadiene latex and styrene-acrylate latex; solution styrene butadiene rubber, lithium polybutadiene rubber, emulsion styrene butadiene rubber, and nickel polybutadiene rubber; polystyrene, acrylonitrile butadiene styrene, and styrene acrylonitrile; and polycarbonate compounds and blends, and polypropylene compounds. Its products are used in tires and other products for automotive applications, carpet and artificial turf backing, ...
1000 Chesterbrook Boulevard
Berwyn, PA 19312
Key Executives for Trinseo SA
Chief Executive Officer, President, Director, Chairman of Nominating & Corporate Governance Committee and Member of Environmental, Health, Safety & Public Policy Committee
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice President
Total Annual Compensation: $1.6M
Senior Vice President and Business President of Performance Materials
Total Annual Compensation: $1.2M
Senior Vice President of Human Resources
Total Annual Compensation: $630.0K
Compensation as of Fiscal Year 2014.
Trinseo SA Key Developments
Trinseo SA Announces Executive Changes
Sep 23 15
Trinseo SA announced that following the board of directors meeting on September 18, 2015, Seth A. Meisel announced his intention to resign as a member of the board of directors of Trinseo S.A., with immediate effect. In view of Mr. Meisel's resignation, the Board approved by circular resolution on September 18, 2015, the
appointment of Stephen F. Thomas to the Board to fill the seat vacated by Mr. Meisel, in accordance with the Company's Articles of Association, with immediate effect. Upon ratification of his appointment by the shareholders at the 2016 Annual General Meeting of Shareholders, Mr. Thomas will hold office until the 2017
Annual General Meeting of Shareholders and until a successor is elected and qualified. The Board does not expect to appoint Mr. Thomas to any Board committees at this time.
Trinseo to Close Styrene Butadiene Latex Plant in Gales Ferry; to Make Capital Investments at Michigan Plant
Sep 17 15
Trinseo announced that the company has announced plans to close its styrene butadiene latex plant in Gales Ferry, CT, due to continuing declines in the coated paper industry in North America, and as part of a program to reduce costs in the business by a $5MM run rate in 2016. Production in Connecticut will cease at the end of 2015, followed by decommissioning and demolition in 2016. Seventeen employees at the latex plant will be eligible for separation packages.
Customers will be sourced from Trinseo's other latex plants in Midland, Michigan, and Dalton, Georgia. Trinseo will make capital investments at the Michigan plant to enhance production and storage capabilities in support of customers who previously were sourced from Connecticut.
Trinseo Seeks Acquisitions
Aug 5 15
Trinseo SA (NYSE:TSE) is seeking acquisitions. Trinseo is looking at bolt-on acquisitions.
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