A. Schulman opens additive concentrates plant in India

By Frank Esposito
Senior Staff Reporter

Published: April 30, 2013 1:38 pm ET
Updated: April 30, 2013 1:39 pm ET

Related to this story

Topics Materials, Materials Suppliers
Companies & Associations A. Schulman Inc.

FAIRLAWN, OHIO — A. Schulman Inc. has opened a plant making additive concentrates in Vadodora, India.

The plant — Schulman's first in that Asian nation — officially opened on April 29. It is located near the firm's customers' manufacturing facilities in western India, officials with Fairlawn-based Schulman said in an April 25 news release.

The plant also is near the coast line of the Arabian Sea, which will facilitate the shipment of raw materials for production, they added. Products made at the plant will be sold into India's growing flexible packaging, appliance and consumer products markets.

The plant's initial annual production capacity will be about 22 million pounds. Derek Bristow, vice president and general manager for A. Schulman's Asia-Pacific region, said in the release that the plant will be dedicated to providing masterbatch solutions for flexible packaging, white goods and cosmetics manufacturers in India.

"By opening this new plant in Vadodara, we are strengthening our position to serve our growing customer base in this attractive market," added Mannar Mannan Shanmugam, A. Schulman's general manager for India.

Schulman already operates Asia-Pacific plants in China, Indonesia, Malaysia and Australia. Prior to opening the new facility, A. Schulman was serving its masterbatch customers in India by exporting products from its Indonesian and Malaysian facilities. Officials said that these facilities will now focus exclusively on serving the growing demand for masterbatch products for flexible packaging applications in their respective markets.

When plans for the Indian plant were first announced in late 2010, Schulman officials said it was expected to employ 25.

Schulman ranks as a leading global compounder and concentrate maker, with sales of $2.1 billion in its 2012 fiscal year.


Comments

A. Schulman opens additive concentrates plant in India

By Frank Esposito
Senior Staff Reporter

Published: April 30, 2013 1:38 pm ET
Updated: April 30, 2013 1:39 pm ET

Post Your Comments


Back to story


More stories

Image

2014 sees modest sales increase, but profit decrease, for Dow Chemical

January 29, 2015 4:20 pm ET

Dow Chemical Co. delivered modest sales growth in 2014, but the firm's profit took a tumble.    More

Image

Resin prices continuing to tumble

January 29, 2015 2:24 pm ET

The ongoing slide in crude oil prices is taking commodity resin prices down as well.    More

Image

Materials firms look for stock rebound

January 29, 2015 1:52 pm ET

DuPont Co., A. Schulman Inc. and Rogers Corp. thrived amid the stock market chaos of 2014, but the other 12 publicly held materials firms tracked by...    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

DuPont-Chenguang JV to produce fluoroelastomers in China

January 29, 2015 12:30 pm ET

DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co. Ltd. are proceeding with a 50-50 joint venture to serve the fast...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events