Trinseo PLC (NYSE:TSE) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET

Company Participants

Andy Myers - Director, Investor Relations

Frank Bozich - President & Chief Executive Officer

David Stasse - Executive Vice President & Chief Financial Officer

Conference Call Participants

Stefan Diaz - Morgan Stanley

Kevin Estok - Jefferies

Priya Ranjan - RBC

Operator

Good morning, ladies and gentlemen, and welcome to the Trinseo First Quarter 2023 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Director of Investor Relations.

Today's conference call will include brief remarks by the management team followed by a question-and-answer session. The company distributed its press release along with its presentation slides at close of market Thursday, May 4. These documents are posted on the company's Investor Relations website and furnished on a Form 8-K filed with the Securities and Exchange Commission. If anyone should require operator assistance during the call, on your telephone.

I'll now hand the call over to Andy Myers.

Andy Myers

Thank you, David, and good morning, everyone. At this time, all participants are in a listen-only mode. After our brief remarks, Instructions will follow to participate in the question-and-answer session. Our disclosure rules and cautionary note on forward-looking statements are noted on Slide 2.

During this presentation, we may make certain forward-looking statements, including issuing guidance and describing our future expectations. We must caution you that actual results could differ materially from what is discussed, described or implied in these statements. Factors that could cause actual results to differ include, but are not limited to, risk factors set forth in Item 1A of our annual report on Form 10-K, or in our other filings made with the Securities and Exchange Commission. The company undertakes no obligation to update or revise its forward-looking statements.

Today's presentation includes certain non-GAAP measurements. A reconciliation of these measurements to corresponding GAAP measures is provided in our earnings release and in the appendix of our investor presentation. A replay of the conference call and transcript will be archived on the company's Investor Relations website shortly following the conference call. The replay will be available until May 5, 2024.

Now I'd like to turn the call over to Frank Bozich.

Frank Bozich

Thanks, Andy, and welcome to our first quarter 2023 earnings call. I'd like to start by addressing the spill at our Bristol, Pennsylvania PMMA operations that occurred in late March. Let me begin by saying that our organization is deeply disappointed in this event and the disruption to our neighbors and the concerns of our stakeholders. We are working very hard to regain everyone's confidence.