WebIn May 2024 Synthos signed an agreement with Trinseo on purchasing their synthetic rubbers production plants located in Schkopau. The condition for abovementioned agreement to be effective was obtaining by Synthos a permission from antimonopoly office. ... – Taking over Trinseo’s Schkopau-based operations, including its manufacturing and ... WebJul 28, 2024 · The expected acquisition of synthetic rubber assets from Trinseo LLC, Synthos’s net debt/EBITDA target of 2.0x-2.5x and a lack of a clearly defined dividend distribution framework will not, in Fitch’s view, support material deleveraging. Rating strengths are its strong position in European-market niches, such as the production of …
Trinseo News & Events
WebIn May 2024 Synthos signed an agreement with Trinseo on purchasing their synthetic rubbers production plants located in Schkopau. The condition for abovementioned … WebDec 1, 2024 · BERWYN, Pa.-- ( BUSINESS WIRE )-- Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics and latex binders, announced today the closing of … cryptkeeper casper
Trinseo Announces Sale of Synthetic Rubber Business to …
WebMay 21, 2024 · Trinseo ( NYSE: TSE +3.0%) sells its synthetic rubber business based in Schkopau, Germany to Synthos S.A. and its affiliates for ~$491M, comprised of $449.4M of cash and the assumption of ~$41.6M ... WebMay 25, 2024 · Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today it has entered into a definitive agreement to sell its synthetic rubber business based in Schkopau, Germany (“Synthetic Rubber” or the “Business”) to Synthos S.A. and its affiliates (collectively “Synthos”) for an … WebSunpor, Synthomer Synthos and Trinseo benefited from a reduction of their fine for their cooperation with the Commission's investigation. The reductions reflect the timing of their cooperation and the extent to which the evidence they provided helped the Commission prove the existence of the cartel in which they were involved. cryptkeeper cartoon