Germany – Trinseo has decided to permanently shut down its polycarbonate (PC) production at Stade, Germany, in January 2025. This is one of the restructuring initiatives to better position the business for longer-term growth, improved profitability, and increased cash generation.
Once operations have ceased, all the company’s polycarbonate needs for its downstream, differentiated compounded products will be purchased from external suppliers, including its licensees, with the exception of its dissolution-based polycarbonate production. This purchasing change is expected to result in an annualized run rate profitability improvement of $15 million to $20 million relative to manufacturing at Stade.
‘These measures are the result of a thoughtful analysis of our portfolio and industry trends, combined with an understanding of the global competitive environment. We believe they will result in a more streamlined organizational structure that will fuel our ability to continue to grow strategically, while improving service to our customers and reducing costs,’ said Trinseo President and CEO, Frank Bozich.
