Benzinga | Oct 19, 2020 07:06AM EDT

Trinseo Expects Q3 Net Income of $102M-$109M, Adj EBITDA of $100M-$104M

"We observed a strong recovery in demand in the third quarter, most notably in automotive, construction, and appliance applications," said Frank Bozich, Trinseo's President and Chief Executive Officer. "This demand recovery supplemented continued strength in packaging, protective sheeting, and consumer electronics, which had been more resilient through the pandemic. The momentum in demand recovery has thus far extended into October and we are hopeful that it will continue throughout the quarter."