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A. Schulman adding a fourth production line to its 2010 Brazilian acquisition

April 15/2011

(Plastics Today) -- A. Schulman is adding a fourth production line to its 2010 Brazilian acquisition, Mash Compostos Plasticos, boosting annual capacity at the plant by 8 to 10 million lb to a total annual capacity of approximately 22 million to 24 million lb.  Mash, which was acquired on Oct. 18, 2010, is a masterbatch additive producer and engineered plastics compounder.


A. Schulman employs roughly 2900 people across 33 manufacturing facilities in North America, South America, Europe, and Asia. Six months prior to the Mash acquisition, which cost the company USD16.6 million, A. Schulman gained entry into the Brazilian market through its April 30, 2010 acquisition of ICO Inc., which included three facilities in Brazil. The company now has four locations in Brazil, including former ICO sites in Minas Gerais and Brasilia, as well as two in Sao Paulo (ex ICO and Mash).


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