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Markets :: Basic Chemicals :: Petrochemicals :: Styrene
Trinseo refiles for IPO
10:53 AM MDT | March 20, 2014 | Vincent Valk
Trinseo, formerly Styron, filed for an initial public offering worth up to $200 million today, nearly three years after the company filed for a $400 million that never commenced. The exact date when Trinseo plans to sell its shares and the price and number of the shares have not been disclosed. Bain Capital (Boston) owns an 89.5% share in Trinseo, while Dow Chemical Europe owns 6.8%. Trinseo had been the styrenics division of Dow until it was sold to Bain in 2010. Trinseo has four reporting segments—latex, synthetic rubber, styrenics, and engineered...
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