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Trinseo PLC is initiating negotiations with its lenders to strengthen its balance sheet. The chemical company is facing declining sales and mounting operational challenges, prompting a strategic review. These discussions are part of a broader effort to stabilize financials and address liquidity concerns. The move comes after a period of market volatility that has impacted Trinseo’s revenue streams. The company aims to secure more flexible terms to navigate the current economic environment and ensure long-term viability. This process highlights the pressures facing the wider chemical industry as demand softens.
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