![]() ![]() PolyOne's color unit also has invested R&D resources in technologies that support sustainability targets in packaging, such as barrier solutions for light and oxygen that keep beverages and food from degrading and processing additives that reduce energy requirements and improve processability of recycled material.Īt Polymer Resources of Farmington, Conn., markets have been relatively flat in 2019, resulting from a U.S. Positive indicators for PolyOne's color business include double-digit growth globally in health care, strong single-digit increases in transportation within the EU and Americas and a double-digit rise in electrical and packaging markets in Asia, he added. PolyOne's SEM unit also has developed "a broad spectrum product development pipeline," according to Pederson, including composite reinforcement pipe-wrap for use in the oil and gas industry and advanced TPEs for use in high-temperature or chemically active environments.įor PolyOne's Color, Additives and Inks unit, macroeconomic headwinds have been challenging but are being offset in part by increases in demand and revenue in specific markets, according to unit President Mark Crist, who's retiring at the end of the year. "Worldwide, the average growth in health care spending is in excess of two times GDP growth, and we expect this to continue." "In this market, our focus continues to be on improving patient comfort, better ergonomics for patients and practitioners, and enhanced device performance," he added. In health care, Pederson said that part of the demographic shift involves an increasingly aging world population, which in turn, fosters the need for better health care solutions. "This market is growing in excess of global GDP, which is consistent in each key region." "Wire and cable is continuing to benefit from increased data transmission requirements, 5G platform development and general infrastructure projects globally," he explained. has seen robust 2019 growth in the wire and cable, health care and industrial end markets, unit President Chris Pederson said. ![]() The Specialty Engineered Materials unit of Avon Lake, Ohio-based PolyOne Corp. "Packaging has been great for us, especially with our sustainability efforts in personal care packaging."Ĭlariant now can produce 100 percent post-consumer materials for numerous personal care products, including shampoo, conditioner, lotion, deodorant and body wash containers. "The strike was challenging, but we serve a lot of markets," he said. We like to look at product lines that don't get full attention."Ģ019 has been a good year for Clariant Masterbatches of Holden, Mass., according to North American marketing head Pete Prusak. "Supply and demand have been balanced even though automotive and China are down. "Overall, we've seen some growth globally," said Jean Sirois, strategic planning and acquisitions director at RTP Co. ![]() He added that automotive markets "have seen significant pressure resulting from trade tariffs and ever-changing emission standards," while nondurables into packaging and other consumables "have seen some recent seasonal strength." Schulman, the unit ranks as North America's largest compounder. the automotive and other industrial markets at the Advanced Polymer Solutions unit of LyondellBasell Industries, according to unit President Jim Guilfoyle. Nondurable markets have held up better in 2019 vs. "We're still dealing with issues from the China tariffs and some plant closures in the industry."īut Howley added that Techmer continues to see growth in 3D printing and aerospace - as well as stability in medical, personal hygiene and packaging - even if the firm's sales into auto and agriculture haven't been as good. "We've done better than 20, but we're not quite up to 2016 levels," he said. Techmer PM of Clinton, Tenn., has been "above targets" in 2019, according to President Ryan Howley. "We're not worried about the foundation." ![]() "Things are getting tougher in automotive, but it's part of the cycle," added Asahi Kasei Chairman and CEO John Moyer. "It's been decent overall, but a little lower than expected in automotive, where we have high exposure."Īsahi Kasei and other automotive suppliers were affected by General Motors' six-week strike, as well as lower overall build numbers, even if pounds of plastics per vehicle are up on some platforms. "It's been a mixed year," said Ramesh Iyer, president and chief operating officer at Asahi Kasei Plastics North America in Fowlerville, Mich. ![]()
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