Trinseo S.A. TSE has formed an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC ("Falcon"), to buy Aristech Surfaces LLC ("Aristech"), a leading North American manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets.Trinseo’s reach in North America, Europe and Asia is expected to lead to the transaction generating annual pretax cost synergies to the tune of roughly $10 million by 2024 and additional revenue synergies. It also aims to accelerate growth and deliver meaningful value to shareholders.The transaction is expected to be financed with cash on hand and existing credit facilities. The company anticipates its net leverage ratio to be in the low-2x range at the end of the year, including proforma adjustments for the Synthetic Rubber divestiture and the Aristech and Arkema PMMA acquisitions. Moreover, it is hopeful of the transaction close by the end of 2021, subject to customary closing conditions and regulatory clearances.Centerview Partners LLC and Reed Smith LLP are serving as financial and legal advisors to Trinseo, respectively. The Valence Group of Piper Sandler and Morgan Lewis are acting as financial advisor and legal counsel, respectively, to Falcon and Aristech.Trinseo noted that the acquisition of Aristech enables it to provide a full offering of PMMA technologies and innovative products serving customers in new, high-growth markets. The buyout is an important step toward its goal of becoming a global specialty materials and sustainable solutions provider. The buyout reinforces Trinseo’s position in acrylic solutions.Shares of Trinseo have skyrocketed 110% in a year, outperforming the industry’s rise of 43.8%. The estimated earnings growth rate for the company for the current year is pegged at 378.1%.Image Source: Zacks Investment ResearchIn the last-quarter earnings call, the company stated that it sees net income in the range of $303 to $343 million. Adjusted EBITDA is forecasted in a band of $625-$675 million. The company expects results for the second quarter to be similar on a sequential basis due to the continuation of similar market trends that include strong demand and margins across many of its segments.Trinseo S.A. Price and Consensus Trinseo S.A. price-consensus-chart | Trinseo S.A. QuoteZacks Rank & Stocks to ConsiderCurrently, Trinseo carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Orion Engineered Carbons S.A OEC, Dow Inc. DOW and LyondellBasell Industries N.V. LYB, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Orion has a projected earnings growth rate of 79.8% for the current year. The company’s shares have surged 61.1% over a year.Dow has a projected earnings growth rate of 348.2% for the current year. The company’s shares have rallied 36.2% over a year.LyondellBasell has a projected earnings growth rate of 210.5% for the current year. The company’s shares have grown 39.6% over a year. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dow Inc. (DOW): Free Stock Analysis Report LyondellBasell Industries N.V. (LYB): Free Stock Analysis Report Orion Engineered Carbons S.A (OEC): Free Stock Analysis Report Trinseo S.A. (TSE): Free Stock Analysis Report To read this article on Zacks.com click here.