{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-015229","form_type":"8-K","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2023-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.175217+00:00","generated_at":"2026-06-11T04:45:28.769742+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Trinseo approves restructuring plan with plant closures in Denmark, New Mexico, Italy; expects $22-27M charges","bullets":["Closure of PMMA cast sheets plant in Bronderslev, Denmark, batch polyester tray casting plant in Belen, NM, and extruded sheet line in Rho, Italy.","Total restructuring charges estimated at $22M to $27M, including $10-12M severance and $8-9M asset-related charges.","Substantially complete by end of 2024; $19M to $24M of charges expected in 2023.","Cash portion of charges estimated at $12M to $14M, mainly severance, substantially incurred by end of 2024.","Plan also includes other workforce reductions; potential closure of Terneuzen, Netherlands styrene plant pending board approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-015229","json":"https://secwatch.observer/filing/0001558370-23-015229.json","markdown":"https://secwatch.observer/filing/0001558370-23-015229.md","text":"https://secwatch.observer/filing/0001558370-23-015229.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023015229/0001558370-23-015229-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023015229/tse-20230817x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:45:28.769742+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03f571f1fac6be3a2ac7f10c464a175fbc16e265","claim":"Trinseo PLC announced a restructuring with charges of approximately $22 million to $27 million affecting PMMA sheet network, primarily in Europe, Bronderslev (Denmark) plant, Belen (New Mexico) plant, Rho (Italy) plant, and general & administrative network (approximately $10 million to $12 million of severance benefits to affected employees).","evidence_excerpt":"is expected to be substantially completed by the end of 2024. The Company expects to incur total restructuring charges in connection with the Plan ranging from approximately $22 million to $27 million. The total charges will consist of approximately $10 million to $12 million of severance benefits to affected employees; approximately $8 million to $9 million of","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023015229/0001558370-23-015229-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $22 million to $27 million"},{"label":"Affected area","value":"PMMA sheet network, primarily in Europe, Bronderslev (Denmark) plant, Belen (New Mexico) plant, Rho (Italy) plant, and general & administrative network"},{"label":"Headcount","value":"approximately $10 million to $12 million of severance benefits to affected employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}