Get Adobe Flash player
PLASTIKS on line. Home
Русская версия
magazine conference catalogue
Business forums
Plastics recycling
Raw materials and additives
Investments and equipment
Plastics application
Subscribe to news

A. Schulman buying ECM, selling Ohio plant


A. Schulman Inc. is continuing its buying spree and also has reached an agreement to sell an Ohio plant.
The Fairlawn-based compounder and distributor said Aug. 20 it has signed a definitive agreement to acquire ECM Plastics Inc., a privately owned plastics compounder in Worcester, Mass., for $36.5 million. It also announced the sale of its PVC compounding plant in Bellevue, Ohio, to a subsidiary of Mitsubishi Chemical Corp.
ECM employs 140 and generates about $40 million in annual sales. The firm operates nine twin-screw extrusion lines and one single-screw line at a 120,000-square-foot plant, making custom compounds and color and additive concentrates based on most major commodity and engineering resins. The transaction is expected to close in early September.
The ECM deal is the sixth acquisition in less than three years for Schulman, which ranks as one of North America’s 30 largest compounders and concentrate makers. Most recently, Schulman in January paid $63 million for specialty color concentrate maker Elian SAS of Oyonnax, France.


Other news

08/07/2015 Engel issues HL awards to three companies
03/07/2015 ENGEL exclusive machine partner of Liquidmetal Technologies
25/06/2015 ENGEL has grown by 14 percent
06/12/2013 KraussMaffei agrees to keep German plant open
06/12/2013 Clariant launches masterbatch show home
17/05/2013 Battenfeld-Cincinnati supplies Brazilian Plastilit
30/04/2013 Wittmann expands production of metal
30/04/2013 Engel unveils German subsidiary number four
14/02/2013 KraussMaffei Berstorff to supply Pinuform
14/02/2013 VW cuts cycle time with IntElect machine

Weekly news alerts
Яндекс цитирования
"ПЛАСТИКС" стал мобильнее

Уважаемые посетители сайта "Пластикс"

С июня 2013 года для пользователей планшетных компьютеров на Android и iOS доступно мобильное приложение (инструкция здесь).

Вы можете бесплатно ознакомиться с одним из номеров журнала (№6, 2015) через мобильное приложение.