MOSCOW (MRC) -- PolyOne Corporation, a leading global provider of specialty polymer materials, services and solutions, continues to take strategic integration actions with the former Spartech business to improve service, quality and on-time delivery to customers, said the producer on its site.
The company is further realigning assets and investing in commercial and operational excellence initiatives to streamline production and gain efficiencies.
PolyOne continues to make investments in new equipment, information systems and processes at several DSS manufacturing plants. Examples include further capacity improvement and technology expansion planned for its Greenville, Ohio facility with the addition of new specialty PETG and Royalite sheet manufacturing lines in 2016, and increasing prototyping capability at its St. Louis Innovation Center to help accelerate the design and formulation process for customers.
In addition, PolyOne has commenced the closure of its Granby, Quebec, Canada facility and will shift production to other existing sheet and rollstock facilities within the company's manufacturing network.
"A core focus in transforming DSS is aligning our manufacturing assets with the voice of the customer while continually making investments for the future," said Robert M. Patterson, president and chief executive officer, PolyOne Corporation. "Our latest actions provide a more streamlined and sustainable manufacturing footprint from which we can better serve our customers. At the same time, we're also investing in our operations and commercial capabilities consistent with what is required to drive specialty transformation within DSS and achieve our 2020 Platinum Vision."
As MRC reported earlier, in 2014, PolyOne Corporation announced additional realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America. These actions included aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne's Performance Products and Solutions (PP&S) segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas.
PolyOne Corporation, with 2014 revenues of USD3.8 billion, is a global provider of specialized polymer materials, services, and with operations in specialty polymer formulations, color and additive systems, polymer distribution and specialty vinyl resins.
MRC