PolyOne invests in Asia Pacific and US tech centres
PolyOne Corp has opened a new colour and additives innovation centre in South Korea and has expanded its technology efforts at three other sites as well. The Seoul location includes a DosiXpress rapid colour development cell from PolyOne’s ColorMatrix unit. DosiXpress is an advanced liquid coluorant system that typically reduces colour development time from weeks to hours, officials said in a recent news release. PolyOne now has 11 innovation centres worldwide. In Shanghai, the facility of PolyOne’s Colorant Chromatics subsidiary has added new equipment to make specialty colour concentrates and formulations. That site is being outfitted as a centralized sales and development hub for the Asia-Pacific region, the company said. Colorant Chromatics is part of ColorMatrix, which PolyOne acquired in late 2011 for nearly $500m (€382m). At its Suwanee, Georgia, innovation centre, PolyOne has increased production capacity and expanded capabilities to support customers by prototyping film, sheet and injection moulding processes. And at its Avon Lake headquarters, PolyOne has launched fused deposition modeling capacity for rapid prototyping. The company did not provide financial or capacity details of the expansions.