Trinseo (TSE) Announces Asset Restructuring Actions and Settlement of European Commission Matter

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Trinseo Announces Asset Restructuring Actions and Settlement of European Commission Matter

December 19, 2022 4:15 PM EST

WAYNE, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE), a specialty material solutions provider, today announced updates to its asset restructuring initiatives. In aggregate, these actions are expected to result in approximately $60 million of annual profitability improvement versus the fourth quarter run rate, most of which will be realized in 2023. These actions consist of the... More