(Plastemart) -- PolyOne Corporation will open a new polymer distribution warehouse and sales facility on July 1 in Shanghai, China. This marks the first entry point for PolyOne Distribution into Asia. ⌠PolyOne Distribution is the market leader in less than truckload thermoplastics distribution in North America, and we have a backlog of customer requests to expand our distribution services globally, said Stephen D. Newlin, chairman, president and chief executive officer. ⌠With our most recent investment in Asia, PolyOne Distribution is accelerating the globalization and customer service offerings of this very important platform.
PolyOne has emerged as a leading supplier of polymer materials, services and solutions in the healthcare industry and is recognized for its expertise in serving this market. Since 2006, healthcare sales have expanded 95% and now represent over USD 250 million in annualized sales.