MOSCOW (MRC) -- A. Schulman, Inc., a leading international supplier of high-performance plastic compounds, has announced it has expanded its masterbatch production capacity in China to serve growing demand in the region, said the producer on its site.
The Company opened a new color masterbatch facility in the Changshu High Tech Industrial Park CEDZ, Jiangsu, China. This will be the company's second wholly-owned plant in China.
This new facility will produce A. Schulman's premium color additives for packaging, automotive, agricultural, sports, leisure & home customers in China and other growing markets throughout the Asia Pacific.
The addition of this new facility strengthens A. Schulman's total solution offerings to the customers in the region.
"Today's opening signals a new chapter in our steadily growing presence in China and the surrounding region," said Derek Bristow, A. Schulman's senior vice president and general manager - Asia Pacific (APAC). "This new, state-of-the-art facility enables us to support the accelerating growth of our APAC customers with specialized advanced materials designed to meet their stringent specification requirements."
We remind that, as MRC wrote before, in February 2016, A. Schulman Inc., announced that it had expanded its existing compounding capacity by adding two new production lines at the Kerpen plant in Germany. In addition to the two twin screw extruders, the company has invested in a fully automatic packaging line.
A. Schulman is a global plastics supplier, headquartered in Akron, Ohio, and a leading international supplier of high-performance plastic compounds and resins, which are used as raw materials in a variety of markets. A. Schulman has 33 manufacturing facilities globally. A. Schulman's fiscal third-quarter earnings fell 69% amid continued sluggishness in European markets and higher-than-expected costs in Latin America, where the company has been consolidating its Brazilian operations.
MRC