Trinseo commences sale process for 50% stake in Americas Styrenics

Trinseo announced it has initiated a sale process for its 50% ownership in Americas Styrenics (AmSty), a joint venture with Chevron Phillips Chemical Company. The exit process is expected to lead to a definitive arrangement by early 2025.

“The sale of our ownership in AmSty is a logical step in our transformation as a specialty materials and sustainable solutions provider.”investor.trinseo.com

• 3 sources
• investor.trinseo.comTrinseo - Trinseo Announces Commencement of Sale Process for Interest in Americas StyrenicsMar 13, 2024
• adhesivesmag.comTrinseo Initiates Sale of Interest in Americas Styrenics | Adhesives & Sealants IndustryBy: Karen ParkerMar 20, 2024
• cen.acs.orgTrinseo to exit polystyrene joint venture, close polycarbonate plantAlexander H. TulloMar 25, 2024

Summarized from public sources; check the original articles before acting on it.