AKRON, Ohio, March 21, 2017 /PRNewswire/ -- A. Schulman
Inc. (Nasdaq-GS: SHLM), a leading international supplier of high-performance plastic compounds, powders, composites and resins,
today announced that it will increase its production capacity for color masterbatches in Europe.
A. Schulman is at the forefront of the production of standard and customized color masterbatches. The Company has
manufacturing plants for color masterbatches across strategic countries in Europe, as well as
several competence centers where color masterbatches for very demanding applications can be developed. Due to increased market
demand, A. Schulman will add three additional extruders in their facilities in Hungary,
Italy and Poland.
"A. Schulman is committed to continue investments in our color facilities," says Andrzej
Rozalski, Vice President Custom Concentrates and Services EMEA. "We combine our technical expertise in color masterbatches
with increased capacity, which enables us to service our customers even faster and better."
"Colored masterbatches see increased demand across the European region and we want to be part of it," says Heinrich Lingnau, Senior Vice President and General Manager Europe,
Middle East and Africa. "The expansion of our production lines
in Poland, Italy and Hungary
are the third significant investment that we are making in our masterbatch manufacturing sites in the last months."
A. Schulman previously announced major investments new masterbatch plants in Changshu, China
and Istanbul, Turkey.
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 4,800 people and has 54 manufacturing facilities globally. A. Schulman
reported net sales of approximately $2.5 billion for the fiscal year ended August 31, 2016. Additional information about A. Schulman can be found at www.aschulman.com.
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SOURCE A. Schulman, Inc.