PolyOne Emerges as Important Specialty Plastics Source
There’s a major new producer of engineering materials in the United States: PolyOne Corp., which until very recently has been better known for its commodity businesses, including the now divested vinyl resins. PolyOne very recently acquired GLS, making it one of the largest elastomer producers in the US. Specialty materials now represent 60 percent of the PolyOne product line, a doubling. “We anticipate continued expansion including greater market development resources to accelerate growth with key Asian OEMs,” commented CEO Stephen D. Newlin in a Feb 22 meeting with analysts. . “We will also leverage our recently established technical service center in North China.”
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