PolyOne: New Segment Established
PolyOne Corporation, a global provider of specialized polymer materials, services and solutions, is introducing Specialty Engineered Materials as a new reportable segment. Specialty Engineered Materials includes the business of the recently acquired GLS Corporation and the former North American Engineered Materials operating segment. This new unit will report to Craig Nikrant, vice president and general manager.
With the addition of GLS, the Specialty Engineered Materials business is supposed to capitalize on escalating global demand for soft-touch products in many specialized, high-growth markets – including healthcare,
aerospace, electronics, consumer and biopolymers – to deliver innovative solutions through metal-to-plastic conversions and newly developed eco-friendly materials, blends and alloys.
Specialty Engineered Materials becomes PolyOne’s fifth reportable segment. The other reportable segments are the Vinyl Business, International Color and Engineered Materials, PolyOne Distribution, and Resin and Intermediates.
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