PolyOne's Elastomers & Performance Additives Group to Open its First Rubber Compounding Plant in China

09-Jan-2004

PolyOne Corporation announced that its elastomers & Performance additives Group is building a new rubber compounding facility near Shanghai, China.

PolyOne Elastomers & Performance Additives Shanghai, a wholly owned subsidiary of PolyOne, will supply rubber compounds to current PolyOne customers based in China for use in printing and industrial rollers, as well as serve U.S.-based companies that are just beginning to manufacture automotive parts and industrial products in China. The plant will also enable the Elastomers & Performance Additives Group to begin serving new customers in the rapidly growing Asian market.

The rubber compounding plant will process a variety of elastomers, including natural rubber, fluoroelastomers, NBR, EPDM and SBR, and will initially include two finishing lines and one calendering line. The new facility is being built to allow for expansion in subsequent years, as part of a four-phase program to enhance the Elastomers and Performance Additives Group's operations in Asia. Production is scheduled to begin at the end of the first quarter of 2004.

"Asia is a dynamic market with a rapid growth rate," said John Quinn, vice president and general manager of Elastomers & Performance Additives. "Our new rubber compounding plant in China is an important strategic step that allows us to continue providing our U.S.-based customers with high-value products as they establish operations in Asia, as well as develop relationships with new and current Asian-based customers."

The new manufacturing facility - PolyOne's sixth plant in Asia and fourth in China - will complement the existing global capabilities of the Elastomers & Performance Additives Group, which also has operations in the United States, Mexico and the United Kingdom.

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