Trinseo, a specialty materials supplier, declared force majeure at its polystyrene plant in Tessenderlo, Belgium, caused by operational damage from a severe storm, according to the company's second quarter 2026 results release filed with the SEC on August 6, 2026. [1] The release states that lower volumes in the quarter were entirely attributable to the force majeure and to the closure of the company's virgin MMA production facilities in Italy. [1]
Net sales rose 8 percent year over year to $845 million, driven by higher prices across all business segments from pass-through of higher raw material costs, commercial initiatives, and favorable currency impacts. [1] Net loss was $120 million, which included $89 million of pre-tax charges primarily related to reorganization items, debt restructuring costs, and asset restructuring programs. [1] Adjusted EBITDA was $81 million, $39 million above the prior-year quarter, on margin improvement in Polymer Solutions and Engineered Materials. [1] Cash used in operating activities was $115 million and capital expenditures were $10 million, resulting in negative free cash flow of $125 million. [1]
The company continued to advance its debt restructuring process with court-approved debtor-in-possession financing, and restarted the sale process of Americas Styrenics with its joint venture partner. [1] The filing is a Form 8-K, accession number 0001104659-26-091904, exhibit 99.1. [1] The Las Vegas Sun carried the results release on August 6, 2026. [2]