Go to Video Section

Ferro responds to challenges at annual meeting

AKRON, OHIO — Ferro Corp.'s response to challenges at its annual meeting are featured in this week's Material Insights video. Also this week, we report on four global compounding expansions.

Published: May 28, 2013 12:39 pm ET
Updated: May 28, 2013 4:40 pm ET

AKRON, OHIO — Ferro Corp.'s response to challenges at its annual meeting are featured in this week's Material Insights video.

Mayfield Heights, Ohio-based Ferro is looking to recover from a loss of almost $400 million in 2012. At the annual meeting, shareholders approved two board candidates who had been nominated by investors who were unhappy with the firm's financial performance. Board Chairman William Lawrence was asked at the meeting what Ferro would do if A. Schulman Inc. increased its takeover attempt from $6.50 per share to $9 0r $10 per share. Lawrence responded that Ferro would evaluate the offer and decide if it's in the best interest of shareholders.

Four global compounding expansions also are featured in this week's video. Two of the expansions will be in Brazil, where Lanxess AG will build a plant in Porto Feliz making compounds based on nylon and PBT, and PolyOne's GLS unit will add thermoplastic elastomer compounding capacity in Sao Paulo. In China, A. Schulman will add almost 70 million pounds of capacity for masterbatch concentrates and engineering resin compounds in the next 18 months. And finally, Ascend Performance Materials Inc. by June 1 will open a new line in Pensacola, Fla., making compounds based on nylon 6/6 resins. That new line will have annual capacity of almost 70 million pounds.

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