Trinseo to Close German Polystyrene Plant and Consolidate Operations in Belgium

Reuters
2025.12.10 13:31
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Trinseo plc plans to close its polystyrene plant in Schkopau, Germany, and consolidate operations in Tessenderlo, Belgium. The restructuring will incur pre-tax charges of $30-$40 million and cash payments of $18-$24 million, aiming for a $10 million annual profitability improvement starting in 2026. Changes begin in Q4 2025, completing by 2028.