UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 1.01 | Entry Into a Material Definitive Agreement. |
On October 30, 2020, Trinseo Europe GmbH, a wholly owned subsidiary of Trinseo S.A. (the “Company”) entered into two long-term sales contracts with Dow Europe GmBH for the sale of ethylene to the Company.
Pursuant to the first sales agreement (the “Boehlen Ethylene Agreement”), the Company will purchase ethylene directly from Dow Europe’s ethylene facilities for use at the Company’s Boehlen location. The Boehlen Ethylene Agreement has a term of two years with automatic one-year renewal provisions, and contains annual minimum purchase and maximum sale volume commitments.
Pursuant to the second sales agreement (the “Terneuzen Ethylene Agreement”), the Company will purchase ethylene directly from Dow Europe’s ethylene facilities for use at the Company’s Terneuzen location. The Terneuzen Ethylene Agreement has a term of three years with automatic two-year renewal provisions, and contains annual minimum purchase and maximum sale volume commitments.
The foregoing descriptions are qualified in their entirety by reference to the terms and conditions of the Boehlen Ethylene Agreement and the Terneuzen Ethylene Agreement, copies of which are filed herewith as Exhibit 10.1 and 10.2, respectively, and are incorporated herein by reference.
ITEM 9.01 | Exhibits. |
10.1 | |
10.2 | |
104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) |
*Certain portions of this exhibit were redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. The omitted information is (i) not material and (ii) would likely cause us competitive harm if publicly disclosed. We agree to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission on its request; provided, however that the Company may request confidential treatment of this exhibit pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRINSEO S.A. | ||
By: | /s/ Angelo N. Chaclas | |
Name: | Angelo N. Chaclas | |
Title: | Senior Vice President, Chief Legal Officer, | |
Date: October 30, 2020 | ||