MOSCOW (MRC) -- Trinseo, a specialty materials and sustainable solutions provider, and one of the largest producers of polystyrene in Europe, announced thecommercialization of its STYRON X-TECH™ 4660 Polystyrene Resins for Extruded Polystyrene (XPS), said the company.
The material allows customers in the Building & Construction industry to reduce material consumption in foam insulation boards through Trinseo’s patented cross-linked polystyrene technology.
“Customers are able to lower foam insulation board density without compromising compression strength with our STYRON X-TECH™ 4660 material,” said Alain Minelli, business manager of copolymers and polystyrene. “With extruded polystyrene insulation board, its closed cell foam structure is responsible for providing the long-term durability and rigidity that is needed. Trinseo’s new material impacts this structure by introducing increased melt strength to enhance performance and allow for raw material and cost savings.
“This innovative material was developed by Trinseo’s polystyrene R&D team, and it truly sets a new industry standard.”
STYRON X-TECH™ 4660 Polystyrene Resin offers the same reliability and performance as previous resin formulations with greater sustainability advantage. It has been validated by several Trinseo partners who have been able to reduce weight of insulation board by approximately five percent, reducing carbon emisssions by a corresponding amount.
Trinseo is a significant innovator and investor in polystyrene technologies, recognizing the material’s recyclability and circularity potential. STYRON X-TECH™ 4660 Polystyrene Resin is the latest sustainable innovation that serves a growing demand in the marketplace resulting from the European Green Deal, which was adopted by the European Commission to focus on sustainability strategies on the continent.
As per MRC, Trinseo reported a Q3 net loss and lowered its guidance for the full year, said the company.
The company swung to a net loss because sales fell and costs rose. The company noted declines in sales volumes and customer destocking, particularly in Europe, as well as in consumer durables and building and construction.
Trinseo, a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainability-focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.