Dallas, Texas 07/02/2013 (Financialstrend) – A. Schulman Inc.(NASDAQ:SHLM) is a supplier of resins, plastic compounds and other related services. The operations of the company run mainly on 4 lines, includingmasterbatch, specialty powders, engineered plastics and distribution services. The company has divided its masterbatchrange under two separate heads: Custom Performance Colors and Masterbatch Solutions, a decision effective since September 1, 2012. The acquisition of ECM Plastics, Inc. by A. Schulman Inc(NASDAQ:SHLM) took place on September 4, 2012. The Company acquired Elian SAS (Elian) on January 31, 2012.
The company has a wide marketing span and is involved in offering a wide range of services to its customers. The services include mobility, electronics and electrical, building and construction, packaging, personal care &hygiene, agriculture, sports and leisure, custom services, etc. The company operates in such multiple locations as the Middle East and Africa (EMEA), Europe and Asia Pacific (APAC).
A. Schulman Inc.(NASDAQ:SHLM) supplies engineered plastic products, as well as multi-component blends. Invision, Schulamid, Schuladur, Schulablend are some of the well-known items in the product portfolio of A. Schulman Inc(NASDAQ:SHLM). The other solutions offered by the company include agriculture films, an additive providing barrier, anti-fog solutions and ultra violet controlamong others. Some of the significant products belonging to the Masterbatch range are, Polywhite, Polybatch,Polypet, Polypearl, Polystat and Polycolor.
Another popular component in the product portfolio of the company is the range of specialty powders used in the rotational molding market such as compounded resin powders forkayaks, storage tanks, playground slides, and other major applications.The firm also deals in products such as base resins, custom colors, cross-linked polyethylene formulations and Icorene compounds. A. Schulman Inc(NASDAQ:SHLM) possesses also a well-defined range of distribution services. The main components include polymers for processing types such as injection molding, blow molding, thermoforming and film and sheet extruding. The company works with polymer producers and assists them in servicing the market segment which is not easily accessible or not at all appropriatefor the producers’ core customer segment or supply chain.
SHLMshare price opened at $27.02. The volume stood at 151,171,lower than its average volume. The Company has a market cap of $ 818.84 M.