Trinseo Completes Takeover of API Applicazioni Plastiche Industriali S.p.A.

APITrinseo is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. The company has completed the takeover of API Applicazioni Plastiche Industriali S.p.A., which included API’s manufacturing and research facility at Mussolente, Italy, and all of API’s business, employees and assets. The API management team and employees will now work as part of Trinseo’s Performance Plastics business.

Chris Pappas, President, and CEO of Trinseo, said, “The completion of this transaction will bring great opportunities to our customers and employees. We will be able to grow the combined business by leveraging API’s soft-touch polymers and Trinseo’s rigid polymers to our collective customer base in all geographies.”

API, an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics, was founded in 1956. API has developed the expertise based on deep and proven experience gained by continuous research into innovative, customized compounds for a wide range of applications.

Trinseo, a global materials solutions provider, and manufacturer of plastics, latex binders, and synthetic rubber, is committed to delivering innovative and sustainable solutions and helps its customers create products that touch lives every day. Its products are intrinsic to how to live our lives meeting the requirements of a wide range of end-markets that include automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo’s customers benefit from product application synergies for the automotive interiors, consumer electronics, medical, appliances, packaging, and household goods markets.

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