A. Schulman Adds Manufacturing Line in Brazilian Facility
April 18, 2011
A. Schulman, Inc. announced that it will add one manufacturing line in its Sao Paulo, Brazil plant to accommodate increased demand for the company''s masterbatch and engineered plastics products, reports PRNewswire. The company expects the line to be installed and operational by November 2011. A. Schulman acquired the plant as part of its October 18, 2010 purchase of Mash Compostos Plasticos, a masterbatch additive producer and engineered plastics compounder. "As a result of the robust Brazilian market, which is being driven by packaging (food, medical, pharmaceutical), consumer goods and transportation, we are adding a fourth line to this facility to better serve customer demand," said Gustavo Perez, General Manager and Chief Operating Officer of the Americas. "We are pleased with the success of the Mash acquisition, and we plan to continue to grow our presence in South America, which offers outstanding strategic growth opportunities for A. Schulman as we expand our global footprint." The type of line being installed at this facility can provide up to 8 million to 10 million pounds of annual capacity. Including this line, the plant will have a total annual capacity of approximately 22 million to 24 million pounds.