LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has announced the completion of its acquisition of A. Schulman Inc., a global supplier of high-performance plastic compounds, composites and powders.
The combined business will operate as a stand-alone Advanced Polymer Solutions reporting segment. In addition to LyondellBasell’s existing polypropylene compounding (PPC) assets and the A. Schulman assets, the segment will include catalloy thermoplastic resins, polymers that combine the properties of polyolefins and elastomers, which are used in the automotive, packaging and construction industries; and polybutene-1 resins, strong and temperature-resistant plastics used in water pipes, construction materials and re-sealable packaging.
Several materials previously manufactured by A. Schulman will also be included in the Advanced Polymer Solutions segment, such as engineered composites, lightweight, strong materials used in infrastructure, aerospace and automotive applications such as headlamps; powders, specialty particle materials used in coatings, rotational moulding, toll compounding and other technical applications; and masterbatches, colouring and additive materials used in the production of paper, paint and plastic goods.
Read the article online at: https://www.hydrocarbonengineering.com/refining/22082018/lyondellbasell-completes-acquisition-a-schulman-inc/