{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-016975","form_type":"8-K/A","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.346467+00:00","generated_at":"2026-06-09T05:54:45.122414+00:00","sec_items":["2.05","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Trinseo expands restructuring; closes Terneuzen styrene plant, $58-68M charges","bullets":["Estimated restructuring charges of $58-68M for Terneuzen closure, including decommissioning and severance.","Annual cost savings of ~$75M expected from all restructuring actions combined.","Anticipated cash payments of ~$50M, with $35M in 2024.","Combined with lower natural gas hedge losses, sequential profitability improvement of $100M forecast in 2024.","Company will purchase all styrene from third parties moving forward."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-016975","json":"https://secwatch.observer/filing/0001558370-23-016975.json","markdown":"https://secwatch.observer/filing/0001558370-23-016975.md","text":"https://secwatch.observer/filing/0001558370-23-016975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023016975/0001558370-23-016975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023016975/tse-20230817x8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:54:45.122414+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":"74bbd82c560671c1c4b2c833d292703c463a1ead","claim":"Trinseo PLC announced a restructuring with charges of $58 million to $68 million affecting Terneuzen, the Netherlands styrene plant.","evidence_excerpt":"plant, decommission the styrene plant assets, as well as related workforce reductions. These additional actions are expected to result in estimated restructuring charges of $58 million to $68 million, consisting of approximately $19 million to $21 million of asset-related charges, primarily for accelerated depreciation; approximately $20 million to $23 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023016975/0001558370-23-016975-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$58 million to $68 million"},{"label":"Affected area","value":"Terneuzen, the Netherlands styrene plant"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}