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Schulman to acquire Ferro's specialty plastics business, Ferro looking to sell polymer additives

10:02 AM MDT | June 4, 2014 | Vincent Valk

A. Schulman has agreed to acquire Ferro’s specialty plastics business, a maker of engineered plastic compounds, colorants, and liquid coatings mostly for thermoset plastics, for $91 million, the companies announced today. The deal is expected to close by 31 August. It includes four Ferro plants located in the United States and operations in Spain but excludes one specialty plastics facility in New Jersey and operations in Venezuela. "Specialty plastics is a performance-driven, technically demanding business, and this business segment is what initially...

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