Trinseo PLC


TSE

Price

31.33


Change

-0.81


High

32.14


Low

31.03


Avg Volume

513,252


PE Ratio

4.46


52 Week High

60.36


52 Week Low

28.2



Profile

Trinseo is a global materials company, focusing particularly on the manufacture of plastics, latex, and synthetic rubber. Among the materials it makes is the plastic for Lego. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.” The company offers a broad line of plastics, latex and synthetic rubber, which are used primarily in the automotive, appliances, electronics, packaging, paper & board, carpet, and tire industries, among others. Trinseo materials are used widely, in cars and trucks, home appliances, consumer goods, electronics, electrical & lighting, building & construction, medical supplies, and packaging.


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