AKRON, Ohio, Feb. 8, 2016 /PRNewswire/ -- A. Schulman
Inc. (Nasdaq-GS: SHLM), a leading international supplier of
high-performance plastic compounds, composites, powders and resins,
today announced that it has expanded its existing compounding
capacity by adding two new production lines at the Kerpen plant in
Germany. In addition to the two
twin screw extruders, the Company has invested in a fully automatic
packaging line.
"The additional compounding capacity will address the continued
growth in high-performance compounds," said Heinrich Lingnau, Senior Vice President and
General Manager Europe,
Middle East and Africa, A. Schulman. "With this investment A.
Schulman is supporting the increasing customer demand for current
and future developments in the automotive as well as electrical
& electronics markets."
"This investment is indeed aligned with the expansion of our
product portfolio, and in particular with the production of our new
range of Ecotran® PPS compounds," added Horst Klink, Vice President Engineering
Plastics, EMEA. "In addition, it will increase our flexibility in
production to better serve our customers with tailor-made specialty
compounds."
Earlier in 2015, the Company announced additional PET
compounding capacity at its Bornem masterbatch plant in
Belgium.
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 58
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.
SHLM_All
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SOURCE A. Schulman, Inc.