Berwyn-Based Trinseo Announces IPO

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Trinseo of Berwyn, a global materials company and manufacturer of plastics, latex and rubber, launched an initial public offering of 10,000,000 of its ordinary shares.

The initial public offering price is currently expected to be between $17 and $19 per share, resulting in a total offering of between $170 and $190 million. Trinseo granted the underwriters an option to purchase up to an additional 1,500,000 additional ordinary shares. The offering is being made pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (“SEC”) today. Application has been made for the quotation of Trinseo’s ordinary shares on the New York Stock Exchange under the symbol “TSE”.

Read more about the IPO in a news story at Philly.com.

The offering will be made only by means of a prospectus available at: prospectus-ny@ny.email.gs.com; or standard mail at Goldman, Sachs & Co., Attn.: Prospectus Department, 200 West Street, New York, NY, 10282.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.

Styron previously announced plans to change the name of all Styron affiliated companies to Trinseo. Some, but not all, of the Styron companies have completed the name change process and are currently known as Trinseo. Styron companies that have not completed the process are continuing to do business as Styron until their respective name changes are complete. Styron’s operating companies also continue to do business as Styron at this time.

Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo’s technology is used by customers in industries such as home appliances, automotive, building and construction, carpet, consumer electronics, consumer goods, electrical and lighting, medical, packaging, paper and paperboard, rubber goods and tires.

Links: www.trinseo.com

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