IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Schulman to Close Ontario Compounding Plant; Seeks Buyer for Texas Site

3:07 PM MST | February 18, 2008 | Nancy Seewald

A.Schulman says it will close its 74-million lbs/year engineered plastics compounding plant at St. Thomas, ON and pursue a buyer for its 135-million lbs/year Orange, TX toll compounding facility. The moves are aimed at improving profitability of the company’s North American operations, and are part of its “100-day plan” to accelerate restructuring efforts aimed at “dramatically” improving profitability and earnings growth (CW, Jan. 7/14, p. 11). Schulman says that production related to “low-margin business” at St. Thomas...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa