AKRON, Ohio, July 9 /PRNewswire-FirstCall/ -- A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has received the 2009 Society of Plastics Engineers Central Europe Division's award in the automotive body exterior category for its innovative technology solution used in the Mercedes-Benz CLS radiator grill.
The award-winning product involves injection molding of silver pigmented nylon 66 compound SCHULAMID(R) 66 MT 5 HI which allows weld lines to be hidden by innovative stealth technology in the tool. This solution was developed in close cooperation with Daimler and Montaplast, a German-based maker of precision parts and systems for the automobile industry. A. Schulman's colored plastic material used in the grill manufacturing process provides excellent UV stability and eliminates the need for painting on a part that is subject to a high amount of impacts from stones and other debris on the road.
"We are honored by this award and its recognition of our team's hard work in developing an innovative and superior solution for our valued customer, Mercedes-Benz," said Bernard Rzepka, General Manager and Chief Operating Officer, Europe for A. Schulman. "This is a prime example of how we are leveraging our material and technology expertise to provide value-added products to a diverse and growing customer base. This is not our first SPE award and we continue to generate a stream of innovative compounds and solutions as a result of our collaborative partnerships with our customers." About A. Schulman, Inc.
Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,000 people and has 16 manufacturing facilities in North America, Europe and Asia. Revenues for the fiscal year ended August 31, 2008, were $1.98 billion. Additional information about A. Schulman can be found at http://www.aschulman.com/. DATASOURCE: A. Schulman, Inc.
CONTACT: Paul DeSantis, CFO and Treasurer of A. Schulman Inc., +1-330-666-3751 Web Site: http://www.aschulman.com/
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