Sector News

US Trinseo restarts sales process for styrenics business

May 12, 2023
Energy & 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

Source: icis.com

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