PolyOne Officially Celebrates the Opening of Geon Compounds Plant in China
PolyOne's Dongguan plant was acquired from Ngai Hing PlastChem Company Ltd., the vinyl compounding subsidiary of Ngai Hing Hong Company Limited. PolyOne completed the acquisition of the assets and operations in January 2008. Since the acquisition, PolyOne has modified and upgraded equipment in the facility, trained the staff to produce GeonTM compounds, and enhanced Environmental Health & Safety ("EHS") conditions to meet Chinese and PolyOne EHS standards. "I am pleased to say that the operational improvements initiated during the past five months have taken this operation from struggling to profitability and set it up to accommodate future growth," said Robert Rosenau, senior vice president and general manager - Geon Performance Polymers.
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