MOSCOW (MRC) -- Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, has appointed Andre Lanning as the new Global Business Director, Synthetic Rubber, as per the company's press release.
Lanning assumed the role on November 1, 2019, succeeding Samer Al Jabi, who was recently named Director, Corporate Development.
As Global Business Director, Synthetic Rubber, Lanning is responsible for spearheading growth of the business in target markets throughout Europe and Asia Pacific. Trinseo is strengthening its focus on innovative solutions for new high- and ultra-high-performance synthetic rubber applications linked to megatrends like e-mobility and sustainability, as demanded by tire manufacturers. In addition, Lanning will expand the positioning Trinseo’s solutions for new applications including truck and bus, as well as broaden its product offering for technical rubber goods.
Lanning brings significant experience to Trinseo, joining the business from Advanced Refining Technologies (ART), where he served as Managing Director/CEO of ART Hydroprocessing; a joint venture between WR Grace and Chevron, based in the United States. Throughout his career, Lanning has led several large organizations, with positions of global responsibility.
"With Andre Lanning as the new Global Business Director, Synthetic Rubber, we will continue our strategy to drive innovation and sustainability efforts across the industry and be a solution provider for green e-mobility practices," said Frank Bozich, President and CEO of Trinseo. "Lanning has considerable experience in this field and will work with the team to continue to exceed customer expectations and engage the value chain."
As MRC informed earlier, Trinseo and its affiliate companies in Europe have announced a price decrease for all polystyrene (PS) grades in Europe. Effective December 1, 2019, or as existing contract terms allow, the contract and spot prices for the products listed below went down as follows:
-- STYRON general purpose polystyrene grades (GPPS) -- by EUR20 per metric ton;
-- STYRON and STYRON A-Tech and STYRON X- Tech high impact polystyrene grades (HIPS) - by EUR20 per metric ton.
According to MRC's ScanPlast report, Russia's estimated consumption of PS and styrene plastics totalled 411,080 tonnes in the first ten months of 2019, which corresponds to the last year's level. October estimated consumption of PS and styrene plastics rose by 2% year on year, totalling 46,740 tonnes.
Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo's technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Formerly known as Styron, Trinseo completed its renaming process in 1Q 2015. Trinseo had approximately USD4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees.
MRC