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Trinseo (TSE) has shared an update.
Trinseo PLC has announced the initiation of a sale process for its 50% stake in the joint venture Americas Styrenics LLC, partnering with Chevron Phillips Chemical Company LP. This strategic move, triggered by an exit clause in the joint venture agreement, is set to conclude with the sale of Trinseo’s interest in the venture by early 2025, marking a significant shift in the company’s investment portfolio.
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