AKRON, Ohio, Oct. 27 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq-GS: SHLM) shares a "Passion for Plastics" with customers, and, together, they are creating innovative products that address demanding and unique application requirements across numerous markets globally.
The joint success stories and the Company's ability to meet ever-evolving market needs will be featured at A. Schulman's display at K 2010, the 18th international plastics and rubber trade fair. The triannual K Show is being held October 27 to November 3, 2010 in Dusseldorf, Germany.
Located at Stand 8a in Hall D12, A. Schulman's display will highlight numerous customer success stories in engineered plastics, masterbatch, specialty powders and distribution services. Examples include reinforced nylons for metal replacement, rotomolding products for consumer and industrial applications, sustainable solutions, and soft-touch masterbatch products for premium packaging applications, among others.
"At the K Show, we are proud to highlight a wide variety of innovative solutions that we developed in cooperation with our customers," said Joseph M. Gingo, Chairman, President and Chief Executive Officer. "In addition, the K Show is the first major international trade show where we are featuring our enhanced capabilities and expanded global reach as a result of the acquisition of ICO Polymers and McCann Color, and our announced agreement to acquire Mash Plasticos in Brazil." In the European market, the A. Schulman/ICO Polymers combination provides the Company with broad rotomolding and thermoplastic specialty powder capabilities, covering applications such as plastic bags and films, household products, toys, personal watercraft and water tanks. In addition, A. Schulman is expanding its presence in Europe by adding rotomolding and size reduction to its capabilities, and the Company is now Europe's largest producer of polymer powder with particle sizes from 20 to 1,500 microns.
"We share a 'Passion for Plastics' with our customers, and have chosen this theme to demonstrate the many innovative products that have resulted from partnerships with our customers," said Bernard Rzepka, General Manager and Chief Operating Officer, Europe, Middle East, Africa, for A. Schulman. "We look forward to discussions on how we can create new solutions with customers and partners, utilizing our broad product portfolio, technology competence and substantial manufacturing footprint in every region to answer customer and market demands in these challenging times."
Among the products A. Schulman is featuring at the K Show are:
- ICORENE® powders for rotomolding, which offer high impact strength, reduced weight and no need for painting
- POLYBATCH® DUL matte compounds for satin-like, soft-touch packaging and consumer applications
- SCHULADUR® polyester-based materials for metal replacement, which provide design freedom, performance (including lighter weight), manufacturing efficiency, and styling and aesthetic qualities
- SCHULAMID® family of high-performance engineered plastics, which, depending on the formulation, provide high impact strength, thermal resistance, flame retardance and lower density
- POLYFORT® compounds, which address customers' sustainability needs by using recycled products and agricultural byproducts as fillers
- A wide variety of masterbatch products under the Company's PAPERMATCH®, POLYBATCH®, POLYBLAK®, POLYWHITE® and POLYSTAT® brand names – including new POLYBATCH® materials for anti-fog and UV block protection for food packaging
"The continued expansion of our technical and manufacturing capabilities globally to provide cost-effective solutions and the exploration of new applications are essential for our growth," Rzepka said. "We are a reliable, innovative partner that is inspired by our customers' vision and we look to build strong partnerships to meet the evolving needs of the marketplace."
About A. Schulman, Inc.
Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,900 people and has 36 manufacturing facilities in North America, South America, Europe and Asia. A. Schulman reported net sales of $1.6 billion for the fiscal year ended August 31, 2010. Additional information about A. Schulman can be found at www.aschulman.com.
Cautionary Note on Forward-Looking Statements
A number of the matters discussed in this document that are not historical or current facts deal with potential future circumstances and developments and may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historic or current facts and relate to future events and expectations. Forward-looking statements contain such words as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which management is unable to predict or control, that may cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those suggested by these forward-looking statements, and that could adversely affect the Company's future financial performance, include, but are not limited to, the following:
- worldwide and regional economic, business and political conditions, including continuing economic uncertainties in some or all of the Company's major product markets;
- the effectiveness of the Company's efforts to improve operating margins through sales growth, price increases, productivity gains, and improved purchasing techniques;
- competitive factors, including intense price competition;
- fluctuations in the value of currencies in major areas where the Company operates;
- volatility of prices and availability of the supply of energy and raw materials that are critical to the manufacture of the Company's products, particularly plastic resins derived from oil and natural gas;
- changes in customer demand and requirements;
- effectiveness of the Company to achieve the level of cost savings, productivity improvements, growth and other benefits anticipated from acquisitions and restructuring initiatives;
- escalation in the cost of providing employee health care;
- uncertainties regarding the resolution of pending and future litigation and other claims;
- the performance of the North American auto market; and
- further adverse changes in economic or industry conditions, including global supply and demand conditions and prices for products.
The risks and uncertainties identified above are not the only risks the Company faces. Additional risk factors that could affect the Company's performance are set forth in the Company's Annual Report on Form 10-K and the most recent Form 10-Q. In addition, risks and uncertainties not presently known to the Company or that it believes to be immaterial also may adversely affect the Company. Should any known or unknown risks or uncertainties develop into actual events, or underlying assumptions prove inaccurate, these developments could have material adverse effects on the Company's business, financial condition and results of operations. This document contains time-sensitive information that reflects management's best analysis only as of the date of this document. The Company does not undertake an obligation to publicly update or revise any forward-looking statements to reflect new events, information or circumstances, or otherwise. Further information concerning issues that could materially affect financial performance related to forward-looking statements can be found in the Company's periodic filings with the Securities and Exchange Commission.
SOURCE A. Schulman, Inc.