Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced acquisition of Arkema’s polymethyl methacrylates (PMMA) business. PMMA (Acrylic) is a transparent and rigid resin with a wide range of end uses including automotive, building and construction, medical and consumer electronics.
This acquisition serves as a catalyst for helping Trinseo transform into a higher margin, less cyclical solutions provider. The PMMA business is a strategic fit in that, in combination with Trinseo’s existing portfolio, it enhances Trinseo’s ability to provide solutions to customers in profitable markets. Trinseo will add PMMA and MMA products and technologies via seven manufacturing plants and three R&D locations in Europe and North America.
Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees.