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10-Jun-2004 - PolyOne Corporation announced that it has completed the sale of its Melos(R) rubber granulates operations to the Melos management team, supported by investors from a group of European banks and funds. The purchase price was not disclosed. The Melos(R) unit produces and sells primarily EPDM ...
17-Mar-2004 - PolyOne Corporation announced the pending sale of its Syncure® cross-linked polyethylene business to Padanaplast USA Inc. The sale, which is expected to close within two months, will include equipment and inventory. PolyOne acquired the Syncure business with its acquisition of Synergistics ...
16-Jan-2004 - PolyOne Corporation announced that three non-core operating units previously identified for possible divestiture, in line with the Company's plan to reduce debt by $200 million to $300 million, will be financially reported as discontinued operations beginning in the fourth quarter of 2003. The ...
13-Jan-2004 - PolyOne Corporation announced that it has completed its acquisition of the North American distribution business of ResinDirect LLC, a wholly owned subsidiary of Louis Dreyfus Energy Services L.P. Terms of the transaction were not disclosed. ResinDirect is a worldwide procurement, distribution ...
09-Jan-2004 - PolyOne Corporation announced that its Elastomers & Performance Additives Group is building a new rubber compounding facility near Shanghai, China. PolyOne Elastomers & Performance Additives Shanghai, a wholly owned subsidiary of PolyOne, will supply rubber compounds to current PolyOne customers ...
31-Oct-2003 - PolyOne Corporation announced that it will close two manufacturing plants within its Elastomers and Performance Additives business segment as it acts on restructuring initiatives to reduce costs and bring capacity in line with sales demand. PolyOne's DeForest, Wisconsin, and Wynne, Arkansas, ...
27-Mar-2003 - PolyOne Corporation announced that it intends to close its Engineered Films plant in Yerington, Nevada, by the end of second-quarter 2003 if the Company is unable to quickly sell the facility as an ongoing operation. Yerington, one of four plants within PolyOne's Engineered Films unit, employs ...
17-Feb-2003 - PolyOne Corporation and Noveon, Inc. have created an alliance to develop and distribute a line of Electrostatic Dissipative (ESD) compounds for the electronics industry. This agreement provides electronics manufacturers and molders with a supply base that draws on more than 20 years of combined ...
16-Jan-2003 - PolyOne Corporation announced that it has completed the funding of its December 19, 2002 acquisition of Transformacion de Pigmentos y Colorantes, S.A. (TRANSCOLOR), a large color concentrates producer operating near Pamplona in northern Spain. TRANSCOLOR, with annual revenues of approximately ...
15-Jan-2003 - PolyOne Corporation announced actions designed to improve profitability by reducing the Company's cost structure and strengthening its competitive position with customers. As part of the restructuring, the Company will eliminate approximately 400 salaried positions, primarily in administrative ...
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