A. Schulman is a global plastic supplier, headquartered in Fairlawn, Ohio. The company supplies plastic and resin compounds, which are used as raw materials in various markets. Its main product line consists of specially engineered and custom-formulated plastic compounds, color concentrates and additives designed to enhance the appearance and performance of plastics in a number of specialized applications. Rather than being perceived as a plastic manufacturer, the Company is in a plastic compounding business.
Video A. Schulman
Histori
In April 2010, the Company completed the acquisition of ICO, Inc. as part of the overall strategy of globalization and diversification. ICO (NASDAQ: ICOC), established in 1978, is a global public company engaged in the production of specialty polymer resins. Also in 2010, the Company acquired McCann Color, Inc. to "advance the lucrative growth of our North American color operations." Also in 2010, A. Schulman acquired Mash Compostos Plasticos in Brazil.
The globalization strategy that led to the 2010 ICO acquisition was led by the incumbent CEO in August 2010, Joseph Gingo, in collaboration with Charles River Associates.
Significant opening and closing of facilities
In 1929, within a year of its establishment, the Company has built its first production plant in Akron, Ohio.
1935-Open Factory St. Louis East is supplying precision rubber parts made exclusively to the automotive industry
1955 - Opens Bellevue Plant in Bellevue, Ohio to mix and process PVC, ABS resin, PP, PE, and PS
1959 Opens Orange Citrus Dispersion Plant in Orange, Texas to process polyethylene
Plant Bornem 1963-Opened in Belgium
1973-Opens the Kerpen Factory in Germany and the Crumlin Factory in England
1990-Opened the Givet Factory in France
1994-Acquired Comalloy International di Nashville, Tennessee
1995-Opened San Luis PotosÃÆ' Plant in Mexico
1996-Opening Factory in Indonesia
1996-Acquired Specialty Compounding Division di Sharon Center, Ohio
Gorla 2000-Acquired Factory in Italy
Delta Plast 2007-Acquired in Sweden
2008-The company closed its facilities at St. Thomas, Ontario.
2009-Buka Akron Polybatch Plant
2010-The company closes its facilities at Sharon Center, Ohio, a consequence of the acquisition of McCann Color.
2011-Acquired Surplast of Argentina.
Elian 2012 by Francc.
ECM Earned 2012 in Worcester, Mass.
Ferro Specialty Plastics 2014-Acquired consisting of four plants in the US and one in Spain.
The acquisition of Citadel Plastics 2015 is headquartered in West Chicago, Illinois.
2018 - LyondellBasell Announces the Signing of a Definitive Agreement to Acquire A. Schulman, Inc.
Maps A. Schulman
Factors affecting company performance
The Company manufactures and distributes materials used by other companies to undertake the finished product fashion. The car industry is the second largest in the Company market. The historical dependence on the automobile market in the United States was partly due to the lack of profitability in the US division in the 2000s, in contrast to profitability in the European and Mexican divisions of the Company.
As a company that creates manufacturing materials that can be worked out from raw materials, changes in raw material costs can have a significant impact on the profitability of the Company.
Products
The 1997 directory of thermoplastics, compounders and distributors provides information on the types of plastics produced by the Company and several trademarks that are distributed.
- low (LDPE) and high density polyethylene (HDPE) under the Polyflam brand
- polystyrene (PS), polypropylene (PP) and polyphenylenesulphide (PPS) are also under the Polyflam brand
- some polymer styrene derivatives (ABS, MABS) and mixtures (ABS/PA, PC/ABS), polymethylmethacrylate (PMMA), and polycarbonate (PC) and mixtures (PC/PBT), under Polyman brand
- polyacetyls (POM) under the Schulaform brand
- polyamides PA6 and PA66 under the Schulamid brand
- polybutylene terephthalate (PBT) under the Schuladur A brand
- polyurethane (PUR) under the Polypur brand
- polyvinyl chloride (PVC) under the Polyvin brand
- styrene acrylonitrile copolymer (SAN) under the Polyfort brand
See also
- List of companies in the United States
References
External links
- A. Schulman's website
- Website devoted to the acquisition of ICO, Inc.
- The ICO Web site
Source of the article : Wikipedia
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