™

Trademark

Q4 and Full Year 2014

Earnings Summary

March 5, 2015

Exhibit 99.2

Introductions & Disclosure Rules

2

Disclosure Rules

Introductions

Chris Pappas, President & CEO

John Feenan, Executive Vice President & CFO

David Stasse, Vice President, Treasury & Investor Relations

The forward looking statements contained in this presentation involve risks and uncertainties that may

affect the Company's operations, markets, products, services, prices and other factors. These risks and

uncertainties include, but are not limited to, economic, competitive, legal, governmental and

technological factors. Accordingly, there is no assurance that the Company's expectations expressed in

such forward looking statements will be realized. The Company assumes no obligation to provide

revisions to any forward looking statements in this presentation should circumstances change.

This presentation contains financial measures that are not in accordance with generally accepted

accounting principles in the US (“GAAP”) including Adjusted EBITDA, Adjusted EBITDA excluding

inventory revaluation, Adjusted Net Income (loss), Adjusted Net Income (loss) excluding inventory

revaluation, Adjusted EPS, and Adjusted EPS excluding inventory revaluation.  We believe these

measures provide relevant and meaningful information to investors and lenders about the ongoing

operating results of the Company. Such measures when referenced herein should not be viewed as an

alternative to GAAP measures of performance.  We have provided a reconciliation of these measures in

the Appendix section of this presentation.

Agenda

3

Business Overview

Financial Review

Forward Focus

Q&A

Trinseo Business Overview

4

Engineered Polymers

Revenue: $1,036MM

Adj EBITDA: $13MM

Styrenics

Revenue: $2,197MM

Adj EBITDA: $87MM

Emulsion Polymers

Revenue: $1,895MM

Adj EBITDA: $234MM

Adj EBITDA ex Inv Reval: $246MM

Plastics

Revenue: $3,233MM

Adj EBITDA: $100MM

Adj EBITDA ex Inv Reval: $153MM

Synthetic Rubber

Revenue: $634MM

Adj EBITDA: $137MM

2014 Revenue: $5,128MM

2014 Adj EBITDA: $262MM

2014 Adj EBITDA ex Inv Reval: $326MM

Latex

Revenue: $1,261MM

Adj EBITDA: $97MM

NOTE: Division and Segment Adjusted EBITDA and Adjusted EBITDA excluding inventory revaluation exclude Corporate Segment Adjusted EBITDA of $(73)MM. Totals may not sum due to rounding.

Consistent volumes and

EBITDA

8% volume growth in

Asia

Double digit volume

growth in carpet

High single digit volume

growth in Performance

Latex

28% SSBR volume

growth

Mix shift toward more

differentiated grades

SSBR now 45% of total

volume

eSSBR now greater than

50% of SSBR volume

Purchased 25kt of SSBR

capacity rights from JSR

Trialing Generation 4 SSBR

Styrene operating rates in

mid-80s

Elevated Q4 SM margins

due to outages

Polystyrene volume decline

driven by customer

destocking in last half of

year

$50MM of equity earnings

Polycarbonate restructuring

completed

Polycarbonate operating

rates now greater than

80%

Automotive volumes up 5%

excluding LATAM

CEM volume up 7%

Trinseo

Business

Overview

–

Q4

5

Engineered Polymers

Revenue: $247MM

Adj EBITDA: $8MM

Styrenics

Revenue: $452MM

Adj EBITDA: $(4)MM

Emulsion Polymers

Revenue: $423MM

Adj EBITDA: $49MM

Adj EBITDA ex Inv Reval: $62MM

Plastics

Revenue: $700MM

Adj EBITDA: $4MM

Adj EBITDA ex Inv Reval: $63MM

#3 Polystyrene Globally

Leading Player

Synthetic Rubber

Revenue: $137MM

Adj EBITDA: $30MM

Top 3 SSBR Globally

Revenue: $1,122MM

Adj EBITDA: $32MM

Adj EBITDA ex Inv Reval: $104MM

Latex

Revenue: $286MM

Adj EBITDA: $18MM

#1 Globally in SB Latex

End

markets

Market

position

Performance tires

Standard tires

Polymer modification

Technical rubber goods

Coated paper and packaging

board

Carpet and artificial turf

backings

Tape saturation

Cement modification

Building products

$5+ billion in annual revenue, world leader in the production of

latex, rubber and plastics

Appliances

Consumer goods

Construction/sheet

Packaging

Automotive

Consumer electronics

Automotive

Consumer electronics

Construction/sheet

Electrical and lighting

Medical devices

NOTE: Division and Segment Adjusted EBITDA and Adjusted EBITDA excluding inventory revaluation exclude Corporate Unallocated Adjusted EBITDA of $(20)MM. Totals may not sum due to rounding.

Key Styrene Raw Material Trends

6

Europe

(1)

Asia

(2)

Styrene

Ethylene

Benzene

Styrene

Ethylene

Benzene

SM

Margin

SM

Margin

Q3 to Q4

+$100/MT

Q3 to Q4

+$35/MT

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Source: IHS.  (1) Styrene: W. Europe Contract Monthly Market (Delivered W. Europe); Benzene: 50% W. Europe Spot Avg (CIF NW Europe / Basis ARA) and 50% W. Europe Contract – Monthly Market

(FOB/CIF W. Europe); Ethylene: W. Europe Contract – Market Pipeline  (Delivered W. Europe).  (2) Styrene: NE Asia Avg Spot Posting (CFR China); Benzene: NE Asia Spot Avg (FOB S. Korea); Ethylene: 

NE Asia Spot Avg (CFR NE Asia).  Margin: Styrene less 80% * Benzene less 30% * Ethylene. 

Benzene Contract = $960/MT

Styrene Margins in Declining Price Environment

7

Styrene Contract ~ $1,500/MT

Benzene Spot

Benzene 50/50

•

Styrene products (e.g. polystyrene, latex) pricing driven largely by beginning of month

styrene contract price

•

Styrene margins increased through the month

$114/MT = $4MM EBITDA

(1)

(1)  Based on normal monthly styrene production of 50 KMT and corresponding 40 KMT benzene consumption.

December 2014

600

700

800

900

1,000

™

Trademark

Financial Review

John Feenan

EVP & CFO

Inventory Revaluation

9

•

Inventory revaluation represents the

difference in raw material cost between the

FIFO accounting basis and the current

period cost

•

It can be estimated by taking the expected

change in raw material cost during the

period, and multiplying that by the inventory

quantity

Q3

Q4

Q1

Q3

Q4

Q1

Q3

Q4

Q1

0

200

400

600

800

1,000

1,200

1,400

1,600

Benzene

Ethylene

Butadiene

Europe Feedstock Cost

Cost

Inv Reval

Q4 to Q1

Inventory

Q1 Est

Product*

($/MT)

(KMT)

($MM)

Europe Benzene

(300)

52

(16)

Europe Ethylene

(174)

18

(3)

Europe Butadiene

(276)

45

(12)

Asia Benzene

(97)

36

(3)

Asia Ethylene

(8)

12

(0)

NA Styrene

(298)

20

(6)

(41)

*Europe Benzene: W. Europe Contract – Monthly Market (FOB/CIF W. Europe); Europe Ethylene: W. Europe Contract – Market Pipeline  (Delivered W. Europe); Europe Butadiene: W.

Europe Contract Market (ExW/Del pr09 W. Europe); Asia Benzene: NE Asia Spot Avg (FOB S. Korea); Asia Ethylene: NE Asia Spot Avg (CFR NE Asia); North America Styrene: North 

America Contract – Market (FOB United States). 

Trinseo Quarterly Results

10

NOTE: Totals may not sum due to rounding.

F/(U) vs.

(in $millions, unless noted)

Q4'14

Q3'14

Q4'13

Q4'13

Volume (MMlbs)

1,223

1,315

1,218

Revenue

1,122

1,305

1,245

(14)%

(10)%

Volume

(6)%

(0)%

Price

(5)%

(5)%

FX

(3)%

(4)%

Adj EBITDA

32

62

93

Adj EBITDA ex Inv Reval

104

62

81

Adj EBITDA ex Inv Reval Margin

9%

5%

7%

Adj Net Income (loss)

(23)

1

22

Adj Net Income ex Inv Reval

37

1

15

Wtd Avg Shares Outstanding (000)

48,770

48,770

37,270

Adjusted EPS ($)

(0.48)

0.01

0.58

Adjusted EPS ($) ex Inv Reval

0.77

0.02

Q3'14

0.39

Latex

NOTE:

Totals

may

not

sum

due

to

rounding.

Volume

in

millions

of

pounds.

11

Synthetic Rubber

NOTE:

Totals

may

not

sum

due

to

rounding.

Volume

in

millions

of

pounds.

12

13

Styrenics

NOTE:

Totals

may

not

sum

due

to

rounding.

Volume

in

millions

of

pounds.

Adjusted

EBITDA

includes

earnings

from

equity

affiliate

(Americas

Styrenics).

Engineered Polymers

14

NOTE:

Totals

may

not

sum

due

to

rounding.

Volume

in

millions

of

pounds.

Adjusted

EBITDA

includes

earnings

and

losses

from

equity

affiliate

(Sumika

Styron).

(1) Free Cash Flow = cash from operating activities + cash from investing activities – change in restricted cash.  2014 value of $81 million excludes approximately $56 million of termination fees for Latex JV

Option and Bain Advisory Agreement.   (2) A/R Securitization facility commitment of $200MM ($136MM available at Q4’14) and Revolving Credit facility commitment of $300MM ($293MM available at Q4’14).  

NOTE:  Totals may not sum due to rounding.

Balance Sheet and Cash Flow

15

™

Trademark

2015 Focus

Chris Pappas

President & CEO

Key Styrene Raw Material Trends

17

Europe

(1)

Asia

(2)

Q4 to Q1

-$75/MT

Q4 to Q1

+$50/MT

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Source: IHS.  (1) Styrene: W. Europe Contract Monthly Market (Delivered W. Europe); Benzene: 50% W. Europe Spot Avg (CIF NW Europe / Basis ARA) and 50% W.

Europe Contract – Monthly Market (FOB/CIF W. Europe); Ethylene: W. Europe Contract – Market Pipeline  (Delivered W. Europe).  (2) Styrene: NE Asia Avg Spot Posting 

(CFR China); Benzene: NE Asia Spot Avg (FOB S. Korea); Ethylene: NE Asia Spot Avg (CFR NE Asia).  Margin: Styrene less 80% * Benzene less 30% * Ethylene.

Styrene

Ethylene

Benzene

Styrene

Ethylene

Benzene

Key Butadiene Price Trends

18

Butadiene

Source:

IHS.

Asia:

NE

Asia

Spot

(CFR

NE

Asia)

Europe:

W.

Europe

Contract

Market

(ExW/Del

pr09

W.

Europe);

NA:

North

America

Contract

Market

(FOB

US

Gulf

Coast).

Europe

Asia

North America

400

800

1,200

1,600

2,000

2,400

19

New Business Segmentation

Performance Materials

Revenue: $2,716MM

Adj EBITDA: $304MM

Adj EBITDA ex Inv Reval: $319MM

Basic Plastics & Feedstocks

Revenue: $2,412MM

Adj EBITDA: $31MM

Adj EBITDA ex Inv Reval: $79MM

Latex

Revenue: $1,261MM

Adj EBITDA: $97MM

New business segmentation financial reporting effective as of January 1, 2015

Strategic Intent:

Strategic Intent:

Styrenic Polymers / Americas Styrenics

Polycarbonate

Feedstocks

Synthetic Rubber

Revenue: $634MM

Adj EBITDA: $137MM

Performance

Plastics

Revenue: $821MM

Adj EBITDA: $69MM

Trinseo

2014 Revenue: $5,128MM

2014 Adj EBITDA: $262MM

2014 Adj EBITDA ex Inv Reval: $326MM

NOTE: Division and Segment Adjusted EBITDA and Adjusted EBITDA excluding inventory revaluation exclude Corporate Segment Adjusted EBITDA of $(73)MM. Totals may not sum due to rounding.

Grow EBITDA via technology leadership in

focused markets

Organic growth and possible bolt-on

acquisitions

Generate cash via cost control and margin

improvement

No organic investment but possible industry 

consolidation

2015 Expectations

20

Performance Materials

Basic Plastics

& Feedstocks

Synthetic Rubber

Latex

Performance

Plastics

General

•

Q1: Unfavorable inventory revaluation impact of about $40 million; currency

impact versus Q4 of about $3 million

•

Q2: Inventory revaluation to reverse to positive on expected rising feedstocks

•

Full Year: Currency impact versus 2014 of about $25 million at 1.15 USD/EUR

Q1:

Seasonally higher

volume versus Q4

2015:

Continued steady

performance; growth in

Asia and performance

latex volumes

Q1:

Sequentially higher

EBITDA due to seasonally

high volume; offset by FX

& inv reval

2015:

Higher SSBR

volume with offsets from

FX, margin, and

technology investments;

Q2 turnaround sequential

$10MM impact

Q1:

Significantly higher

margins due to lower raw

material cost

2015:

Improvement over

2014 due to product

growth and higher margins

Q1:

Higher styrenic

polymer and  PC margins

as well as higher JV

income partially offset by

lower styrene margin

2015:

Full year of PC

restructuring benefit with

cyclical upside; SM in

cyclical rebound; Q2

styrenic polymers

turnaround $6MM impact

™

Trademark

Q&A

™

Trademark

Appendix

US GAAP to Non-GAAP Reconciliation

23

NOTE: The tax effect of inventory revaluation is estimated in a similar manner as tax calculated on all other earnings during each period.

(in $millions, unless noted)

Q1'12

Q2'12

Q3'12

Q4'12

Q1'13

Q2'13

Q3'13

Q4'13

Q1'14

Q2'14

Q3'14

Q4'14

2012

2013

2014

Net Income (Loss)

30.1

1.9

(1.2)

(0.5)

(9.7)

(28.1)

4.9

10.6

17.1

(44.6)

(10.1)

(29.7)

30.3

(22.2)

(67.3)

Interest expense, net

25.7

26.6

28.6

29.1

32.3

33.7

32.9

33.1

32.8

32.6

30.1

29.4

110.0

132.0

124.9

Provision for (benefit from) income taxes

25.1

(6.1)

10.3

(11.8)

(0.1)

2.2

6.0

13.8

12.8

5.4

3.7

(2.1)

17.5

21.8

19.7

Depreciation and amortization

20.9

22.0

20.0

22.7

23.9

24.0

23.2

24.2

23.7

27.2

27.8

24.9

85.6

95.2

103.7

EBITDA

101.8

44.4

57.7

39.5

46.4

31.8

67.0

81.7

86.4

20.6

51.5

22.5

243.4

226.8

181.0

Loss on extinguishment of long-term debt

-

-

-

-

20.7

-

-

-

-

-

7.4

-

-

20.7

7.4

Other non-recurring items

-

-

(0.7)

-

1.1

-

-

(0.4)

-

32.5

1.9

3.9

(0.6)

0.8

38.4

Restructuring and other charges

7.8

0.1

(0.4)

-

-

6.5

2.6

1.8

0.5

2.1

0.8

6.6

7.5

10.8

10.0

Net (gains) / losses on dispositions of businesses and assets

-

-

-

-

-

3.2

1.0

-

-

-

-

(0.6)

-

4.2

(0.6)

Fees paid pursuant to advisory agreement

1.1

1.2

1.1

1.2

1.2

1.2

1.2

1.2

1.2

24.2

-

-

4.6

4.7

25.4

Asset impairment charges or write-offs

-

-

-

-

-

0.7

-

9.2

-

-

-

-

-

9.9

-

Adjusted EBITDA

110.7

45.7

57.7

40.7

69.4

43.4

71.8

93.5

88.1

79.4

61.6

32.4

254.9

277.9

261.6

Inventory Revaluation

(52.1)

9.2

2.4

2.1

(0.2)

26.2

26.4

(12.0)

(5.6)

(2.6)

0.8

71.8

(38.4)

40.4

64.4

Adjusted EBITDA Ex Inv Reval

58.6

54.9

60.0

42.8

69.3

69.6

98.2

81.5

82.5

76.8

62.3

104.2

216.5

318.3

326.0

Adjusted EBITDA to Adjusted Net Income Ex Inv Reval

Adjusted EBITDA

110.7

45.7

57.7

40.7

69.4

43.4

71.8

93.5

88.1

79.4

61.6

32.4

254.9

277.9

261.6

Interest expense, net

25.7

26.6

28.6

29.1

32.3

33.7

32.9

33.1

32.8

32.6

30.1

29.4

110.0

132.0

124.9

Provision

for

(benefit

from)

income

taxes

-

Adjusted

27.1

(4.0)

10.5

1.9

4.9

3.9

5.2

14.4

12.0

10.1

5.4

1.8

35.4

28.4

29.4

Depreciation

and

amortization

-

Adjusted

20.9

22.0

20.0

22.7

23.9

23.9

23.2

24.2

23.7

25.8

25.6

24.5

85.6

95.2

99.6

Adjusted Net Income

37.0

1.1

(1.4)

(13.0)

8.3

(18.1)

10.5

21.8

19.6

10.9

0.5

(23.3)

23.9

22.3

7.7

Inventory Revaluation

(52.1)

9.2

2.4

2.1

(0.2)

26.2

26.4

(12.0)

(5.6)

(2.6)

0.8

71.8

(38.4)

40.4

64.4

Tax effect of inv reval

13.6

3.0

(4.8)

(6.0)

0.1

(7.6)

(1.9)

4.9

1.2

0.8

(0.1)

(11.1)

5.9

(4.3)

(9.3)

Adjusted Net Income Ex Inv Reval

(1.5)

13.3

(3.8)

(16.9)

8.2

0.5

35.0

14.7

15.2

9.1

1.2

37.4

(8.6)

58.4

62.8

Weighted Average Shares Outstanding (thousands)

37,270

37,270

37,270

37,270

37,270

38,912

48,770

48,770

37,270

43,476

Adjusted EPS ($)

0.22

(0.49)

0.28

0.58

0.53

0.28

0.01

(0.48)

0.60

0.18

Adjusted EPS ($) Ex Inv Reval

0.22

0.01

0.94

0.39

0.41

0.23

0.02

0.77

1.57

1.44

Adjustments by Statement of Operations Caption

Loss on extinguishment of long-term debt

-

-

-

-

20.7

-

-

-

-

-

7.4

-

-

20.7

7.4

Selling, general and administrative expenses

8.9

1.3

0.7

1.2

1.2

8.4

3.8

12.2

1.7

26.3

2.7

10.5

12.2

25.5

41.3

Other expense (income), net

-

-

(0.7)

-

1.1

3.2

1.0

(0.4)

-

32.5

-

(0.6)

(0.7)

4.9

31.9

Total EBITDA Adjustments

8.9

1.3

-

1.2

23.0

11.6

4.8

11.8

1.7

58.8

10.1

9.9

11.5

51.1

80.6

Selected Segment Information

24

NOTE: Totals may not sum due to rounding.

(in $millions, unless noted)

Q1'12

Q2'12

Q3'12

Q4'12

Q1'13

Q2'13

Q3'13

Q4'13

Q1'14

Q2'14

Q3'14

Q4'14

2012

2013

2014

Latex

330

317

327

301

307

305

310

288

299

295

309

289

1,275

1,210

1,193

Synthetic Rubber

125

106

116

130

137

125

128

133

155

142

136

135

477

523

568

Emulsion Polymers

455

423

443

431

444

429

438

422

454

437

445

424

1,752

1,733

1,761

Styrenics

664

652

679

614

669

679

644

597

686

689

671

606

2,608

2,588

2,653

Engineered Polymers

218

201

194

192

199

203

200

199

204

201

199

193

804

801

796

Plastics

882

852

873

806

867

881

844

796

890

890

870

799

3,413

3,389

3,449

Trade Volume (MMLbs)

1,337

1,275

1,316

1,237

1,311

1,311

1,282

1,218

1,344

1,327

1,315

1,223

5,165

5,122

5,210

Latex

398

422

375

351

357

345

332

308

326

321

328

286

1,545

1,341

1,261

Synthetic Rubber

193

175

155

179

176

156

142

148

177

165

155

137

702

622

634

Emulsion Polymers

590

597

530

530

533

501

474

456

503

486

484

423

2,247

1,963

1,895

Styrenics

528

538

542

541

602

597

576

530

594

590

561

452

2,149

2,305

2,197

Engineered Polymers

278

274

255

249

256

263

259

260

262

266

261

247

1,056

1,039

1,036

Plastics

806

812

797

790

858

861

835

790

856

855

822

700

3,205

3,344

3,233

Net Sales

1,396

1,409

1,327

1,320

1,392

1,362

1,309

1,245

1,359

1,341

1,305

1,122

5,452

5,307

5,128

Latex

27

39

33

27

27

29

27

24

26

27

26

18

125

106

97

Synthetic Rubber

44

24

19

24

31

28

13

42

43

37

27

30

111

113

137

Emulsion Polymers

71

63

51

51

57

56

39

66

69

64

53

49

237

220

234

Styrenics

49

(9)

24

19

25

21

67

52

42

27

22

(4)

83

165

87

Engineered Polymers

16

2

13

0

(1)

(3)

2

2

(2)

5

2

8

32

0

13

Plastics

66

(7)

37

19

25

18

69

54

40

32

23

4

115

165

100

Corporate

(26)

(11)

(30)

(29)

(13)

(31)

(37)

(27)

(21)

(17)

(15)

(20)

(96)

(107)

(73)

Adjusted EBITDA

111

46

58

41

69

43

72

93

88

79

62

32

255

278

262

Emulsion Polymers

51

66

63

54

60

63

60

58

66

64

54

62

234

241

246

Plastics

34

0

27

18

22

37

75

50

37

30

23

63

79

184

153

Corporate

(26)

(11)

(30)

(29)

(13)

(31)

(37)

(27)

(21)

(17)

(15)

(20)

(96)

(107)

(73)

Adjusted EBITDA excl Inv Reval

59

55

60

43

69

70

98

81

83

77

62

104

217

318

326

Styrenics

(5)

(8)

(7)

(7)

(3)

(9)

(15)

(12)

(16)

(7)

(11)

(17)

(27)

(39)

(50)

Engineered Polymers

(1)

1

(0)

0

0

0

(0)

(0)

1

1

2

(1)

(0)

0

3

Plastics

(6)

(7)

(7)

(7)

(3)

(9)

(15)

(12)

(15)

(5)

(9)

(18)

(27)

(39)

(48)

Equity in earnings of affiliates

(6)

(7)

(7)

(7)

(3)

(9)

(15)

(12)

(15)

(5)

(9)

(18)

(27)

(39)

(48)

Selected NEW Segment Information

25

NOTE: Totals may not sum due to rounding.

(in $millions, unless noted)

Q1'12

Q2'12

Q3'12

Q4'12

Q1'13

Q2'13

Q3'13

Q4'13

Q1'14

Q2'14

Q3'14

Q4'14

2012

2013

2014

Latex

330

317

327

301

307

305

310

288

299

295

309

289

1,275

1,210

1,193

Synthetic Rubber

125

106

116

130

137

125

128

133

155

142

136

135

477

523

568

Performance Plastics

152

159

146

142

140

150

145

144

144

147

145

145

598

579

581

Performance Materials

607

582

589

573

584

580

583

566

598

584

591

569

2,350

2,312

2,342

Basic Plastics & Feedstocks

730

694

727

664

727

731

699

652

746

743

725

654

2,814

2,810

2,867

Trade Volume (MMLbs)

1,337

1,275

1,316

1,237

1,311

1,311

1,282

1,218

1,344

1,327

1,315

1,223

5,165

5,122

5,210

Latex

398

422

375

351

357

345

332

308

326

321

328

286

1,545

1,341

1,261

Synthetic Rubber

193

175

155

179

176

156

142

148

177

165

155

137

702

622

634

Performance Plastics

212

225

205

197

196

208

201

203

202

210

208

202

839

808

821

Performance Materials

802

822

735

727

729

709

675

658

705

695

691

624

3,086

2,771

2,716

Basic Plastics & Feedstocks

594

587

592

593

663

652

634

587

654

645

614

498

2,366

2,536

2,412

Net Sales

1,396

1,409

1,327

1,320

1,392

1,362

1,309

1,245

1,359

1,341

1,305

1,122

5,452

5,307

5,128

Latex

27

39

33

27

27

29

27

24

26

27

26

18

125

106

97

Synthetic Rubber

44

24

19

24

31

28

13

42

43

37

27

30

111

113

137

Performance Plastics

21

13

20

16

13

10

17

21

17

17

19

16

70

62

69

Performance Materials

92

77

71

66

71

67

56

87

87

81

72

65

306

281

304

Basic Plastics & Feedstocks

45

(20)

17

3

11

8

52

33

23

16

4

(12)

45

103

31

Corporate

(26)

(11)

(30)

(29)

(13)

(31)

(37)

(27)

(21)

(17)

(15)

(20)

(96)

(107)

(73)

Adjusted EBITDA

111

46

58

41

69

43

72

93

88

79

62

32

255

278

262

Performance Materials

71

78

85

68

71

77

79

77

82

80

73

85

301

304

319

Basic Plastics & Feedstocks

14

(12)

6

4

11

23

56

31

22

13

4

40

12

121

79

Corporate

(26)

(11)

(30)

(29)

(13)

(31)

(37)

(27)

(21)

(17)

(15)

(20)

(96)

(107)

(73)

Adjusted EBITDA excl Inv Reval

59

55

60

43

69

70

98

81

83

77

62

104

217

318

326

Basic Plastics & Feedstocks

(6)

(7)

(7)

(7)

(3)

(9)

(15)

(12)

(15)

(5)

(9)

(18)

(27)

(39)

(48)

Equity in earnings of affiliates

(6)

(7)

(7)

(7)

(3)

(9)

(15)

(12)

(15)

(5)

(9)

(18)

(27)

(39)

(48)