Langbahn Team – Weltmeisterschaft

A. Schulman

A. Schulman, Inc.
IndustryChemicals
Founded1928; 96 years ago (1928)
FounderAlex Schulman
Defunct2018
FateAcquired
HeadquartersFairlawn, Ohio, United States
Key people
Joseph Gingo, CEO, Chairman, President
ProductsPlastic compounds
Color concentrates
Additives
RevenueDecrease $2.461 billion (2017)
Increase $0.025 billion (2017)
Total assetsIncrease $1.753 billion (2017)
Total equityIncrease $0.207 billion (2017)
Number of employees
4,900
ParentLyondellBasell
Websiteaschulman.com
Footnotes / references
[1]

A. Schulman was an American supplier of plastic compounding products, color concentrates, and additives before its acquisition by LyondellBasell in 2018.

Products

The company's products include:

History

The 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