Sector News

US Trinseo restarts sales process for styrenics business

May 12, 2023
Chemical Value Chain

Trinseo is restarting the sales process for its Styrenics business, and it will focus on marketing individual plants and regional businesses, the US-based styrenics and engineered materials producer said on Thursday.

Trinseo had paused the process in July 2022 because of economic uncertainty and deterioration in financial markets.

Prior to that, the company had planned to sell its feedstocks and polystyrene segments as well as its 50% stake in Americas Styrenics (AmSty). Trinseo and Chevron Phillips Chemical own equal stakes in AmSty.

By Al Greenwood


comments closed

Related News

June 3, 2023

Chemours, DuPont, and Corteva reach comprehensive PFAS settlement with U.S. Water Systems

Chemical Value Chain

The Chemours Company (NYSE: CC), DuPont de Nemours, Inc. (NYSE: DD) and Corteva, Inc. (NYSE: CTVA) (the “companies”) today announced they have reached an agreement in principle to comprehensively resolve all PFAS-related drinking water claims of a defined class of public water systems that serve the vast majority of the United States population.

June 3, 2023

Storing hydrogen in coal may help power clean energy economy

Chemical Value Chain

The quest to develop hydrogen as a clean energy source that could curb our dependence on fossil fuels may lead to an unexpected place — coal. A team of Penn State scientists found that coal may represent a potential way to store hydrogen gas, much like batteries store energy for future use, addressing a major hurdle in developing a clean energy supply chain.

June 3, 2023

Soda ash producer WE Soda plans IPO, London share listing

Chemical Value Chain

WE Soda (London), a major producer of soda ash, said it intends to launch an IPO and apply to list its shares on the main market of the London Stock Exchange. The company, wholly owned by industrial conglomerate the Ciner Group (Istanbul, Turkey), said it is the world’s largest producer of natural soda ash.

How can we help you?

We're easy to reach