AKRON, Ohio, Dec. 4, 2014 /PRNewswire/ -- A. Schulman,
Inc. (Nasdaq-GS: SHLM) announced today that it has added equipment
in its manufacturing facility in Dongguan, China to accommodate increasing
demand in the Company's Masterbatch Solutions business. This new
production line, which the Company expects will ramp up
in volume over the next several months, will double the
current Masterbatch production capacity at the facility and enhance
its ability to serve the needs of the packaging and personal care
& hygiene industries in China.
"A. Schulman is aiming to expand its global footprint in
emerging markets, especially in China, where we can build on our proven
expertise and technological leadership in this market," said
Derek Bristow, Vice President and
General Manager of Asia Pacific
for A. Schulman. "In addition, we plan to expand our Engineered
Plastics production capacity in China by mid-2015 to meet the growing needs of
the mobility and electric & electronics market. These key
investments in China are in line
with our global strategy to focus on fast-growing markets and
improve our capabilities to serve customers."
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 3,900
people and has 42 manufacturing facilities globally. A.
Schulman reported net sales of approximately $2.5 billion for the fiscal year ended
August 31, 2014. Additional
information about A. Schulman can be found at
www.aschulman.com.
SHLM_ALL
www.aschulman.com
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SOURCE A. Schulman, Inc.