Trinseo abandons sale of German PC business

Trinseo SA has decided not to withdraw from its polycarbonate (PC) resin business in Stade, Germany, according to Frank Bo\zich, Trinseo's chief executive and preside.

The Bourne, Pennsylvania-based supplier of plastics, synthetic rubber and latex adhesives revealed in May that it was evaluating a "strategic alternative" to Trinseo's PC business in northern Germany, the world's only polycarbonate production si.

"The primary objective of this review is to ensure that we have a reliable and cost-effective supply of high-quality polycarbonate for the higher-margin compounding businesses that consume poly About 40% of carbonate producti.

After exploring "numerous options," the company concluded that the best option would be to remain operational on-site, which would result in "significant structural and raw material cost savin.

According to Bo\zich, these savings will be a significant contribution to the devi.

The move will also better support Trinseo's growth in sales to higher-margin medical and consumer electronics applicatio.

The Stade plant, which became operational in 1990, includes a polymer production unit and a compounding facility that can produce about 120 polycarbonate products for a variety of applications, according to the Trinseo websi.

According to Trinseo, the plant accounts for about 3 percent of total global capacity and must compete with growing supply from China at a time of sluggish dema.