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Trinseo (TSE) Q1 2021 Earnings Call Transcript

Trinseo (TSE) Q1 2021 Earnings Call Transcript
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Trinseo (TSE) Q1 2021 Earnings Call Transcript

Trinseo (TSE) Q1 2021 Earnings Call Transcript
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Trinseo Receives Mass Balance Certification for its Styrene

4 Februar 2021
Certificate Allows Validation of Sustainable Materials
Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber announces that its feedstocks plant in Terneuzen, The Netherlands received an International Sustainability & Carbon Certification (ISCC) for its mass balance processes used to validate its bio-based styrene as sustainable. The Terneuzen plant joins three other Trinseo sites that produce sustainable materials in being certified – polystyrene at Tessenderlo, Belgium; polycarbonate at Stade, Germany; and synthetic rubber at Schkopau, Germany.
“Trinseo’s ethylbenzene styrene monomer plant in Terneuzen received ISCC+ certification in December 2020 and already has produced its first batch of bio-styrene,” said Nina Karabash, Global Business Director, Feedstocks. “This is an important step for our business, as customers are constantly looking for ways to add renewable raw materials alon ....

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Trinseo Reports Fourth Quarter and Full-Year 2020 Financial Results – Consumer Electronics Net

2 months ago
Fourth Quarter 2020 Summary
Net income of $67 million and diluted EPS of $1.71; Adjusted EBITDA of $149 million and Adjusted EPS of $1.84, inclusive of a pre-tax favorable net timing impact of $29 million
Cash from operations of $128 million; Free Cash Flow of $106 million
Full Year 2020 Summary
Net income of $8 million and diluted EPS of $0.20; Adjusted EBITDA of $299 million and Adjusted EPS of $2.05, inclusive of a pre-tax unfavorable net timing impact of $27 million
Cash from operations of $255 million, Free Cash Flow of $173 million, and year-ending cash and cash equivalents of $589 million
BERWYN, Pa.–(BUSINESS WIRE)–Trinseo (NYSE: TSE):
Three Months Ended

For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Income, all of which are non-GAAP measures, to Net Income, as well as a reconciliation of Free Cash Flow and Adjusted EPS, see Notes 2 and 3 to ....

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Trinseo Reports Fourth Quarter and Full-Year 2020 Financial Results

Fourth Quarter 2020 SummaryNet income of $67 million and diluted EPS of $1.71; Adjusted EBITDA of $149 million and Adjusted EPS of $1.84, inclusive of a pre-tax favorable net timing impact of $29 millionCash from operations of $128 million; Free Cash Flow of $106 millionFull Year 2020 SummaryNet income of $8 mill. ....

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