Plastics News Show Daily - April 4, 2012 - (Page 18)

18 PLASTICS NEWS, April 4, 2012 PolyOne outlines progress since last show PLASTICS NEWS STAFF ORLANDO, FLA. — The version of PolyOne Corp. that’s here at NPE2012 is a bit different from the company that was at the event three years ago. Avon Lake, Ohio-based PolyOne has improved its product mix and performance since then, according to Chairman, President and CEO Stephen Newlin. The firm now generates half of its operating income from specialty products and has seen its adjusted earnings per share soar from BOOTH 273 BREAK YOUR ADDICTION View SINGLE’s Unique OIL Temperature Control Units WATER Water Temperature Control Unit Eliminate Heat Transfer Oil CLEAN SAFE EFFICIENT SEE WHAT’S REALLY HIDDEN INSIDE YOUR MACHINES CONTACT US FOR A FREE SAMPLE www.single-temp.com phone: 704 504 4800 info@single-temp.com Don’t just purge...ULTRA PURGE! TM 1.877.884.3129 WWW.ULTRAPURGE.COM VISIT US AT BOOTH # 7585 Andrey Armyagov/PolyOne Corp. photo By Frank Esposito ferred program, 13 cents to $1.02. PolyOne has made acquisitions which has granted rein Russia and Brazil, as well as its Flex 100 a 94 percent landmark $486 million deal for liq- bio-based label. With its fast-acting uid color and additives supplier ColorMatrix Inc. last year. The (high-solvating) perfirm, which ranks as North Ameri- formance, reFlex 100 ca’s largest producer of com- can be an alternative pounds and concentrates and as to conventional plasone of the region’s largest resin ticizers such as butyl phthalate, distributors, also has hired 200 benzyl additional employees in research dibutyl phthalate and benzoates, many of and development since 2009. “We’re not growing globally to which have come unappease Wall Street,” Newlin said der regulatory presat an NPE2012 news conference. sure. With reFlex 100, “We’re doing it because our cus- customers can imtomers need us to expand global- prove productivity, ly.” He also described the R&D reduce the amount of hirings as “a big, progressive plasticizer and stabi- A new grade of Geon PVC compound is designed to replace steel lizer required, and in sheets for outdoor electrical enstep” for PolyOne. PolyOne continues to seek out eliminate defects for closures. acquisitions, but Newlin said fu- greater operational ture moves “have to be aligned efficiency and profitability. PVC compounds for ● IntensifySM Performance So- electrical with a specific strategy … but we applicalutions, a new tions. The new grade might also be service offering grew out of Polyopen to consolfor customers One’s work with Walidation, even if seeking precol- ton Plastics Inc., a that’s a type of ored specialty custom sheet extruddeal we engineered ma- er, and Walton’s cushaven’t done terial formula- tomer, Midwest Plas- Making use of technology for biomaterials, Polybefore. tions. “If we don’t tic Fabricators Inc. One developed reFlex 100 from plant-based feedThe Intensi- Midwest was looking stocks, in collaboration with Archer Daniels Midever buy anfy technology for rigid vinyl sheet land Co. other compateam special- that could replace steel in outny, I’m happy PolyOne also removed painting izes in custom door electrical boxes such as from a Friedrich-brand air condiwith our comand new solu- control cabinets, junction boxes tioning housing by replacing pany,” he PolyOne’s Steve Newlin tions to meet and radio frequency meters. painted ABS with a Geon PVC added. “But if we can grow faster and help our both aesthetic and performance Compared with steel, vinyl offers compound, she said. company [by making acquisi- requirements by collaborating many advantages including Chief commercial officer with customers early in the de- lighter weight, paint-free aesthet- Michael Kahler also commented tions], we will.” PolyOne also is showing its ex- sign process. ics, no corrosion and radio-fre- on the ColorMatrix deal, saying Intensify capabilities will ex- quency signal transparency, offi- there “wasn’t as much overlap” in tensive new product initiative at tend over a full range of engi- cials said. Vinyl also is non- business between the two firms NPE2012. The efforts include: ● ReFlex 100, a fast-acting, bio- neered thermoplastic materials conductive, which in some situa- as PolyOne initially had expected. based plasticizer. This new tech- including high-heat thermoplas- tions can prevent electrical shock. The deal also allowed PolyOne to nology is produced from rapidly tics such as polyetheretherkeAt the press event, marketing have “a stronger additive technolrenewable, plant-based feed- tone and polysulfone. PolyOne Vice President Julie McAlindon ogy team.” stocks, and was developed in col- said its collaborative process cited examples of new material PolyOne posted sales of almost laboration with Archer Daniels speeds innovation and helps cus- applications for PolyOne. The $2.9 billion in 2011, up more than Midland Co. It’s one of the first tomers streamline their develop- firm “harmonized colors” on the 9 percent vs. 2010. The firm’s fullbioplasticizers to be awarded ment cycle. 2012 Range Rover Evoque vehi- year profit also climbed more ● A new, unique, UL-certified cle. Doing so eliminated the need than 6 percent to almost $173 milrecognition by the U.S. Department of Agriculture’s BioPre- extrusion grade of Geon-brand for multiple materials. lion. PolyOne Corp. photo  http://www.single-temp.com http://WWW.ULTRAPURGE.COM http://www.single-temp.com http://WWW.ULTRAPURGE.COM

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