At its annual general meeting on 29 June, Swiss firm Tyre Recycling Solutions (TRS) appointed Matteo Marchisio to its Board of Directors. Marchisio is director of the Synthetic Rubber business unit at Synthos, the chemical company that took a minority stake in TRS following its acquisition of Trinseo’s synthetic rubber business late last year.
Synthetic rubber and plastics manufacturer Trinseo has reached definitive agreements with Swiss sustainable tyre recycling specialist Tyre Recycling Solutions (TRS) on a commercial collaboration and an equity investment in TRS. The transaction is expected to close later this quarter, subject to ordinary closing conditions.
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