Chris Pappas interview with Yahoo! Finance
By producing plastics, synthetic rubber and latex, Trinseo contributes to large parts of the global economy. In a recent interview, Trinseo CEO, Chris Pappas, talks about growth opportunities for the industry in 2017 and gives investors and customers a prospect on business developments.
No matter if it is certain plastics which make cars lighter and therefore enable a better gas mileage, synthetic rubbers that optimize the sustainability of tires, the ever-changing market for consumer electronics, that steadily asks for new solutions – Chris Pappas is optimistic to deliver value with growth in the industry. He expects synthetic rubber especially with performance tires, and performance plastics to be high-growth markets in 2017. Also his outlook on the autoindustry is constructive.
Furthermore, Pappas admits to be a fan of infrastructure in general, what makes him feel positive about the construction and infrastructure plans of president-elect Donald Trump. He claims: “Not only for our company, with products like latex that goes to concrete. Polystyrene goes into insulation for housing and other applications like that. But I just think it’s good for jobs, and I think therefore it’ll be good for the economy and raise the demand on other products, whether it’s smartphones, laptops, cars...”
Pappas also emphasizes the importance of China as a high-profit market, which was the main reason for Trinseo to invest there and build a major facility, that starts production in 2017.