Crist, Scheuring take on new roles at PolyOne

By Frank Esposito
Senior Staff Reporter

Published: May 23, 2014 1:44 pm ET
Updated: May 23, 2014 1:51 pm ET

Image By: PolyOne Corp. Mark Crist is the new president of the distribution unit for PolyOne Corp.

Related to this story

Topics Materials, Materials Suppliers
Companies & Associations PolyOne Corp.

One of North America’s largest resin distribution businesses has a new man in charge.

PolyOne Corp. has appointed Mark Crist as president of its distribution unit and as a senior vice president of the Avon Lake, Ohio-based firm. Crist has been with PolyOne since 2008, most recently serving as vice president of key account management.

Crist will be replacing Kurt Scheuring, who will become vice president of global key account management. Scheuring had led PolyOne’s distribution unit since 2012, when he took over for industry veteran Michael Rademacher, who retired. Scheuring joined the company in 2007.

Crist “is an established, successful, and trusted business leader among our customers and within PolyOne,” President and CEO Robert Patterson said in a May 22 news release. “He has global experience and a proven ability to deliver results.”

“At the same time, I am equally pleased that [Schuering] will now focus on serving PolyOne's largest and global customers as the leader of our key account team,” he added. "Kurt's broad knowledge of our full portfolio and passion for understanding and delivering value to customers makes him uniquely qualified to serve in this role.”

Image By: PolyOne Corp. Kurt Scheuring becomes vice president of global key account management at PolyOne.

PolyOne’s distribution unit rang up sales of almost $1.1 billion in 2013, accounting for almost 30 percent of the firm’s total sales. The unit’s sales were up more than 4 percent vs. 2013, even as operating income fell 4 percent to $63.3 million.

In the first quarter of 2014, the distribution unit’s sales grew 6 percent vs. the year-ago quarter to $284 million, while operating income also increased 6 percent to $17.2 million.

PolyOne also ranks as one of the region’s largest makers of compounds, concentrates and plastic sheet. The firm had total sales of $3.8 billion in 2013.


Comments

Crist, Scheuring take on new roles at PolyOne

By Frank Esposito
Senior Staff Reporter

Published: May 23, 2014 1:44 pm ET
Updated: May 23, 2014 1:51 pm ET

Post Your Comments


Back to story


More stories

Image

Styrolution will open new production late 2014

July 30, 2014 12:54 pm ET

Germany-based styrenic materials group, Styrolution, has announced it is expanding its facility in Ludwigshafen, Germany.    More

Unipex Group buys Ferguson Chemical Innovation

July 29, 2014 1:57 pm ET

Chemical distributor Unipex Group Inc. announced July 29 that it had purchased Ferguson Chemical Innovation, a Brampton, Ontario-based supplier of...    More

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Dow sees solid second quarter performance

July 29, 2014 11:19 am ET

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.More

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’ Solimid...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events