AKRON, Ohio, April 28, 2016 /PRNewswire/ -- A. Schulman,
Inc. (Nasdaq: SHLM), a leading international supplier of
high-performance plastic compounds, powders and resins, today
announced it has expanded its Masterbatch production capacity in
China to serve growing demand in
the region. The Company opened a new color Masterbatch facility in
the Changshu High Tech Industrial Park CEDZ, Jiangsu,
China. This will be the Company's
second wholly-owned plant in China.
This new facility will produce A. Schulman's premium color
additives for packaging, automotive, agricultural, sports, leisure
& home customers in China and
other growing markets throughout the Asia
Pacific. The addition of this new facility strengthens A.
Schulman's total solution offerings to the customers in the
region.
"Today's opening signals a new chapter in our steadily growing
presence in China and the
surrounding region," said Derek
Bristow, A. Schulman's senior vice president and general
manager – Asia Pacific (APAC).
"This new, state-of-the-art facility enables us to support the
accelerating growth of our APAC customers with specialized advanced
materials designed to meet their stringent specification
requirements."
About A. Schulman, Inc.
A. Schulman,
Inc. is a leading international supplier of high-performance
plastic compounds and resins headquartered in Akron,
Ohio. Since 1928, the Company has
been providing innovative solutions to meet its customers'
demanding requirements. The Company's customers span a wide range
of markets such as packaging, mobility, building &
construction, electronics & electrical, agriculture, personal
care & hygiene, sports, leisure & home, custom services and
others. The Company employs approximately 5,000 people and has 57
manufacturing facilities globally. A. Schulman reported
net sales of approximately $2.4 billion for the fiscal
year ended August 31, 2015. Additional information
about A. Schulman can be found at www.aschulman.com.
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SOURCE A. Schulman, Inc.