# 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.

- Type: Acquisition
- Announced: 2024-03-13
- Where: Texas, United States
- Status: announced
- Products: styrenics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Trinseo](https://endata.com/companies/17310.md)
- [Chevron Phillips Chemical](https://endata.com/companies/9058.md) (partner)
- [Americas Styrenics](https://endata.com/companies/58887.md) (target)

## Sources

- [investor.trinseo.com](https://investor.trinseo.com/home/news/news-details/2024/Trinseo-Announces-Commencement-of-Sale-Process-for-Interest-in-Americas-Styrenics/default.aspx), 2024-03-13: "The sale of our ownership in AmSty is a logical step in our transformation as a specialty materials and sustainable solutions provider."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/100891-trinseo-initiates-sale-of-interest-in-americas-styrenics), 2024-03-20: "The sale of our ownership in AmSty is a logical step in our transformation as a specialty materials and sustainable solutions provider."
- [cen.acs.org](https://cen.acs.org/materials/polymers/Trinseo-exit-polystyrene-joint-venture/102/i9), 2024-03-25: "As part of what it calls a transition to specialty chemical production, Trinseo plans to sell its 50% stake in a polystyrene joint venture with Chevron Phillips Chemical and close a polycarbonate plant in Germany."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.