IHS Chemical Week

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Schulman completes acquisition of Network Polymers

December 3, 2013 | Deepti Ramesh

A. Schulman says that it has completed its previously announced acquisition of Network Polymers (Akron, OH), a niche engineered plastics compounding and distribution business, for about $49.5 million. The acquisition agreement was first announced in May. “With this acquisition, we are taking another step to strengthen our US business by expanding our capabilities in niche engineered plastics,” says Joseph Gingo, chairman, president, and CEO of Schulman. "We will continue to aggressively pursue acquisitions that are aligned with our global growth...

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