Trinseo Reports Q3 Loss, Restructuring Efforts Continue

Trinseo Reports Q3 Loss, Restructuring Efforts Continue

Speciality materials company Trinseo reported a third-quarter net loss of USD 87 million, driven largely by restructuring and other charges totalling USD 26 million. 

This follows recently announced restructuring efforts aimed at streamlining operations. The company posted an adjusted EBITDA of USD 66 million, marking a USD 25 million increase year-over-year.

Despite a one percent year-over-year decline in net sales to USD 868 million, the company attributed an eight percent decrease in sales to intentional reductions in low-margin areas like polystyrene and latex binders. However, a seven percent increase from higher raw material prices partially offset this decline.

Commenting on the company’s third-quarter performance, President and Chief Executive Officer of Trinseo, Frank Bozich said, “As expected, market conditions and Adjusted EBITDA were sequentially similar to the prior quarter. Despite continued weak demand in many of our end markets, particularly building and construction and appliances, we saw significant year-over-year profitability improvement largely as a result of our restructuring actions and continued moderation of European input costs.”

Third Quarter Performance by Segment

Engineered Materials: The segment posted a 12 percent rise in net sales, reaching USD 207 million, driven by increased sales volume in consumer electronics and medical applications. Adjusted EBITDA for the segment rose by USD 20 million to USD 25 million, benefiting from improved margins and a favourable product mix.

 Latex Binders: Net sales increased eight percent to USD 242 million, primarily due to higher prices that offset a drop in sales volume for paper and carpet applications. Adjusted EBITDA increased by USD 8 million to USD 26 million, reflecting improved margins and a positive regional and product mix.

Plastics Solutions: Net sales rose three percent year-over-year to USD 268 million, driven by higher raw material costs. Adjusted EBITDA climbed USD 11 million to USD 28 million, aided by higher fixed cost absorption and inventory builds in preparation for the closure of the virgin polycarbonate facility in Stade, Germany.

Polystyrene: This segment saw a 28 percent year-over-year decline in net sales to USD 151 million, impacted by a 35 percent decrease in volume after the closure of the Terneuzen, Netherlands, facility and a reduction in low-margin sales. Adjusted EBITDA rose by USD 5 million to USD 4 million due to higher margins and cost savings from the Terneuzen facility exit.

Fourth Quarter Outlook

Trinseo projects a net loss of between USD 71 million and USD 81 million in the fourth quarter, with adjusted EBITDA expected to range from USD 40 million to USD 50 million. Bozich noted that while fourth-quarter EBITDA is anticipated to dip from year-end seasonality, restructuring benefits should sustain profitability above prior-year levels. The company also expects positive free cash flow due to seasonal working capital improvements.

Commenting on the fourth quarter outlook, Bozich said, “We expect Adjusted EBITDA to be sequentially lower from year-end seasonality, but still higher than the prior year due to the benefits from our restructuring initiatives. We also expect free cash flow to turn positive in the fourth quarter due to typical seasonal working capital improvements.”

DUNLOP BLUE RESPONSE TG Dominates Auto Motor und Sport Summer Tyre Test

DUNLOP BLUE RESPONSE TG Dominates Auto Motor und Sport Summer Tyre Test

The DUNLOP BLUE RESPONSE TG summer tyre has earned the highest possible distinction, receiving an ‘Outstanding’ overall rating from Auto Motor und Sport, a premier German automotive publication with significant influence across the European market. This top-tier performance was secured during the magazine's latest comparative assessment, where eight competing summer tyres, all sized 195/55 R16, were subjected to rigorous evaluation. The newly launched DUNLOP model emerged as the definitive leader.

Having been formally introduced to the European press and consumers just this week in Seville, the DUNLOP BLUE RESPONSE TG represents a significant milestone as the first DUNLOP tyre manufactured by Sumitomo Rubber Industries. Its debut in a major market test has already yielded remarkable results. The tyre's evaluation revealed superior performance across all measured categories. In wet condition assessments, it achieved scores approaching a perfect 10 in nearly every test. Its innovative tread design proved highly effective, excelling in critical areas such as braking distance, lateral grip and resistance to longitudinal aquaplaning.

This excellence was matched during dry handling trials, where the tyre demonstrated remarkably balanced and dynamic capabilities. It accumulated three flawless scores of 10 and an additional three scores of nine, underscoring its exceptional precision and the heightened safety it provides. Notably high marks were awarded for its braking performance, responsive handling characteristics and sustained consistency. Testers universally praised its superior grip on both wet and dry surfaces, its precise and agile steering feedback and its dependable behaviour during lane changes, highlighting a safe and forgiving performance envelope. As the sole tyre in the test to achieve the ‘Outstanding’ rating, the DUNLOP BLUE RESPONSE TG established a commanding lead in the final classification.

Markus Bögner, Managing Director and President, DUNLOP Tyre Europe GmbH, said, “We are proud that the first DUNLOP tyre of our own design leads the competition from the outset. This test victory clearly confirms our ambitions and shows that DUNLOP’s return to the premium segment was the right strategic decision. The DUNLOP BLUE RESPONSE TG sends a strong signal about where the brand is headed.”

Full scores for DUNLOP BLUE RESPONSE TG:

Wet braking distance:                                  10/10
Wet lateral grip:                                           10/10
Wet handling (measured):                            10/10
Wet handling (subjective):                            10/10
Wet longitudinal aquaplaning:                     10/10
Wet lateral aquaplaning:                                9/10
Dry braking distance:                                  10/10
Dry lane change safety (subjective):              9/10
Dry steering response (subjective):               9/10
Dry handling (measured):                           10/10
Dry handling (subjective):                           10/10
Dry rolling comfort (subjective):                   9/10
Rolling resistance:                                        6/10
Road noise:                                                10/10
Overall rating:                                          9.6/10

Hankook-Powered Lamborghini Super Trofeo Roars Into 2026 Season

Hankook-Powered Lamborghini Super Trofeo Roars Into 2026 Season

Hankook Tire has confirmed the 2026 season of the Lamborghini Super Trofeo series will commence with its opening round in Florida from 18 to 20 March 2026. As the exclusive tyre supplier for this international championship organised by Italian supercar manufacturer Automobili Lamborghini S.p.A., Hankook will equip all competing Huracán Super Trofeo EVO2 cars with its ultra-high-performance Ventus racing tyre. This partnership, established in 2023, continues to see the Ventus tyre support Lamborghini vehicles under extreme conditions, withstanding speeds approaching 300 kmph while delivering exceptional grip, handling and durability across varied global climates.

The opening event, part of the North American series, is set to take place at the challenging Sebring International Raceway. This 6.0-kilometre circuit, constructed on the grounds of Hendricks Field Airport, presents unique difficulties with its combination of dedicated racetrack sections, airport runways and taxiways. The track surface itself adds another layer of complexity; concrete sections in particular place immense stress on tyres and become notably slippery when wet. Furthermore, the intense Florida sun can dramatically elevate track temperatures, making strategic tyre management a critical factor that could very well decide the race's outcome.

Despite these demanding conditions, the Ventus tyre is expected to perform reliably, showcasing Hankook’s advanced motorsports technology. Its robust construction provides the necessary heat resistance and stability for high-speed racing, reinforcing the global premium status of the Hankook brand through this strong collaboration with Lamborghini.

The 2026 Lamborghini Super Trofeo season will feature three continental series spanning North America, Europe and Asia, encompassing 10 countries and six rounds each. A key highlight for local fans is Round 4 of the Asia series, scheduled for 17 to 19 July 2026 at Inje Speedium in Gangwon Province. Following the conclusion of the regional championships, the top competitors will gather in Italy for the Grand Final from 24 to 25 October, where the ultimate world champion will be crowned.

Bridgestone Potenza Sport EVO Secures Top Position In sport auto’s 2026 Summer Tyre Test

Bridgestone Potenza Sport EVO Secures Top Position In sport auto’s 2026 Summer Tyre Test

The Bridgestone Potenza Sport EVO, incorporating ENLITEN Technology, secured the top position in the 2026 summer tyre test conducted by sport auto magazine. Evaluated in size 205/45R17 on a Mazda MX-5, it emerged as the clear leader among seven competing tyres. It was the sole tyre to earn the prestigious ‘outstanding’ rating, achieving 9.2 points for its overall performance.

The testers commended the Potenza Sport EVO for its remarkably balanced capabilities. They characterised it as a tyre combining high safety with an exhilarating driving experience, declaring it their definitive top choice. The evaluation noted the tyre's abundant grip and precise handling during challenging manoeuvres. The experts described it as a highly responsive tyre with substantial grip in reserve on both wet and dry roads while praising its fine controllability through load variations.

Its proficiency in wet conditions was a significant highlight, demonstrated by short braking distances, tenacious cornering grip and robust safety margins against aquaplaning. Developed from the multi-award-winning Potenza Sport, this new model elevates sports performance, wet control, durability and efficiency. Available from January 2026, the tyre ensures precise control at high velocities, preserving vehicle composure. It attains a top-tier EU label A-grade for wet grip, and compared to its predecessor, it reduces wet braking distances by five percent and dry braking by two percent.

These advancements are complemented by superior longevity, with a 15 percent mileage increase, translating to roughly 6,000 extra kilometres. Furthermore, it enhances fuel economy and boosts electric vehicle range through a rolling resistance reduction of up to six percent.

DUNLOP Unveils Blue Response TG, Marking New Chapter Under Sumitomo Rubber

DUNLOP Unveils Blue Response TG, Marking New Chapter Under Sumitomo Rubber

DUNLOP has announced the launch of its BLUE RESPONSE TG, a new premium summer tyre developed for passenger cars and SUVs. Suitable for internal combustion, hybrid and electric vehicles, the tyre will be available in 99 sizes spanning 15 to 21 inches, series 40-65 with H, V and W speed ratings. Production takes place at a state-of-the-art facility in Türkiye, with European market availability scheduled for March 2026.

This launch represents a significant shift for the brand in Europe. BLUE RESPONSE TG is the first DUNLOP product developed under Sumitomo Rubber Industries (SRI) since it acquired the historic brand’s passenger car tyre rights in 2025. The tyre was engineered collaboratively by DUNLOP’s teams in Germany and Japan, drawing upon SRI’s established manufacturing and development capabilities.

The ‘TG’ designation stands for ‘Touring,’ underscoring the tyre’s ability to deliver long-distance comfort and efficiency while maintaining strong performance. A suite of new technologies ensures stability and control on both wet and dry roads. Impressive braking performance is a key feature, enhancing overall safety and driver confidence.

Central to the tyre’s capabilities is an intelligent three-zone rib design that efficiently channels water away from the contact patch. This promotes stability at higher speeds and unlocks reliable wet-weather grip during directional changes. A refined shoulder design features lateral grooves set at optimised angles. This enhances tread rigidity, reduces block deformation under load and ensures consistent force transfer when cornering and braking.

Durability is addressed through a new tread compound utilising longer, more resilient polymer chains. These resist abrasion and slow wear to extend mileage without compromising performance. To complete the package, a noise-reducing tread design links lateral grooves into continuous channels. This smooths airflow and dampens vibration, resulting in a noticeably quieter cabin environment and the composed, refined ride expected from the DUNLOP brand.