Trinseo And Heathland B.V. Reach Final Acquisition Agreement

On December 7, 2021, Trinseo announced that it had reached a final acquisition agreement with Heathland B.V. ("Heathland").

Heathland is Europe's leading post-consumer (PCR, EoL) and post-industrial (PIR) plastic waste recycling company.

Headquartered in Utrecht, the Netherlands, Heathland is a plastic waste recycling company that specializes in the recycling of post-consumer and post-industrial polymethylmethacrylate (PMMA), polycarbonate (PC), acrylonitrile-butadiene-styrene (ABS), polystyrene (PS) and other thermoplastic wastes.

The company uses mechanical and chemical recycling processes to collect, process and process plastic waste, and convert recycled materials into high-quality recycled materials, which are used in a series of high-end applications to fully reflect the maximum value of materials.

Heathland enjoys a high reputation in Europe and has participated in many prestigious projects, including the MMATwo and Revolution projects invested by the European Commission's "Horizon 2020" plan.

Trinseo is committed to becoming a supplier of specialty materials and sustainable solutions. This acquisition is an important milestone. With the continuous growth of Trinseo's sustainable product portfolio, this acquisition will provide Trinseo with a solid and stable source of recycled materials for Trinseo's future business development and further development of plastic recycling technology.

This investment is the concrete implementation of Trinseo’s “2030 Sustainable Development Goals”. The relevant goals include focusing on climate change, injecting sustainability into the product portfolio, strengthening the supervision of suppliers and business activities, and fulfilling employer responsibilities.