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A. Schulman
A. Schulman was an American supplier of plastic compounding products, color concentrates, and additives before its acquisition by LyondellBasell in 2018. ProductsThe company's products include:
HistoryThe company was founded in 1928 by Alex Schulman by selling rubber products from a plant in Akron, Ohio.[2] In 1972, the company became a public company via an initial public offering.[1] In 1994, the company acquired Comalloy International, a subsidiary of Exxon based in Nashville, Tennessee.[3][4] In February 1995, the company acquired Texas Polymer Services.[4] In 1996, the company acquired the Specialty Compounding Division of Laurel Industries Inc., from Occidental Petroleum.[5] In 2007, the company acquired Delta Plast Group, based in Sweden.[6] In February 2008, the Company closed its facility in St. Thomas, Ontario.[7] In 2009, the company opened a Polybatch plant in Akron, Ohio.[8] In 2010, the company acquired McCann Color and closed its facility in Sharon Center, Ohio.[9] In April 2010, the company acquired ICO for $191 million.[10][11] Also in 2010, the company acquired Mash Compostos Plasticos of Brazil.[11] In 2016, the company sued the former owners of Citadel Plastics, a company it had previously acquired, for $272 million, claiming that they falsified information about the recycled content and other attributes of its products and that A. Schulman later had to stop selling these products.[12] References
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