Profile: A Schulman Inc (SHLM.O)
9 Dec 2016
A. Schulman, Inc., incorporated on August 20, 1969, is an international supplier of plastic formulations, resins and services, and provides solutions to its customers' requirements through custom-formulated products. The Company's customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure. The Company's segments include Europe, Middle East and Africa (EMEA), the United States and Canada (USCAN), Latin America (LATAM), Asia Pacific (APAC) and Engineered Composites (EC). As of August 31, 2016, the Company operated in six product families, including custom performance colors (CPC), engineered composites, Masterbatch solutions, engineered plastics, specialty powders and distribution services.
Custom Performance Colors
The CPC product family offers powdered, pelletized and liquid color concentrates that are custom-designed for thermoplastic resins. These concentrates are available separately, or can be combined with additives as a complete package providing additional functionality, such as weather resistance. The Company's offerings of color solutions include a spectrum of standard and customized colors; organic and inorganic pigments; high chroma colors in translucent or opaque formats, and special effects, including but not limited to metallic, pearlescent (shimmer), thermochromatic (heat sensitive), photochromatic (light sensitive), fluorescent, phosphorescent (glow-in-the-dark) and interference (color shift) technologies. Its color products are suitable for various processes, such as injection molding, blow molding, compression molding, profile extrusion, blown film, cast film, oriented film, rotational molding, sheet and thermoforming, among others. The Company's color concentrates are used in various markets as its Masterbatch Solutions product family (food packaging, industrial packaging and consumer products) and its engineered plastics product family, which provides a platform for cross utilization of technology. They provide solutions for a range of bottles, containers, caps and closures.
The Engineered Composites product family comprises filled compounds, which include thermoset bulk molding compounds (BMC), sheet molding compounds (SMC), thick molding compounds (TMC), and performance quantum engineered structural composites (ESC) solutions for multi-national original equipment manufacturers and custom molders that use these products in injection and compression molding processes. Additionally, Engineered Composites include vertically integrated molding and value-added post molding services. Engineered Composites products primarily serve customers in the mobility, industrial, building and construction, sports and leisure, consumer, electrical, energy and safety industries where high strength-to-weight ratio, dimensional stability, chemical resistance and high temperature performance is required. Its product offerings also include carbon fiber compounds, and chopped and continuous Forged Preg materials used by customers. Its features include qualities, such as thermal and electrical conductivity, impact resistance, corrosion resistance and design flexibility. Engineered Composites products are utilized in a range of applications, such as automotive forward lighting, engine covers, roof bows, aircraft interior stow bins, electrical circuit breakers, oil and gas downhole fracking tool components, drain pans for heating, ventilation, and air conditioning (HVAC) units and heavy trucks, as well as heavy machinery structural parts.
The Company's Masterbatch Solutions product offerings include concentrates designed to manage the performance, appearance and processing of plastics for intended applications, such as white color, calcium carbonate concentrates and carbon black, among others; additive solutions to manage performance, such as antibacterial, flame retardants, ultra-violet (UV), anti-fog, anti-static, barrier (optimal heat and light transmittance), antioxidants (protection of foods) and processing (foaming agents, slip, process aids, release agents, and anti-blocking) properties, and application solutions that have a reduced impact on the environment, such as those that minimize the use of plastics or incorporate the use of either recycled plastics or renewable-based polymers. The Company's film additives for food packaging are used in biaxially oriented films, biaxially oriented polypropylene, and biaxially oriented polyethylene terephthalate, which are used for protective packaging of shelf ready foods, snack foods, candy, various consumer products and industrial applications. The Company also provides solutions for agriculture films, offering additives that provide UV control, barrier and anti-fog solutions, among others.
The Engineered Plastics product family provides performance characteristics by combining high-performance polymer resins with various modifiers, reinforcements, additives and pigments. The Company's Engineered Plastics product family supplies various markets and applications. The Company also supplies materials for high-end or specified automotive applications, working with global manufacturers.
The Specialty Powders product family includes size reduction services and material sales for applications, such as rotational molding, oil and gas, sports and leisure, and other markets. The Company's Specialty Powders product portfolio includes compound colors offered in customized colors and specialty effects; compounds and cross-linkable resins developed specifically for the rotational molding process, and specialty powders for the oil and gas industry. The Company also provides jet milling services used for products requiring very fine particle size, such as additives for printing ink, adhesives, waxes and cosmetics. For materials with specific thermal characteristics (such as heat sensitive materials) or which are soft and difficult to manage, the Company provides cryogenic milling services, which use liquid nitrogen to chill materials to extremely low temperatures to enable grinding and classification. Specialty Powders products for the rotational molding markets include compounded resin powders for applications, such as gas and storage tanks, high-end recreation and sport coolers, kayaks, playground slides and other large applications.
The Company's Distribution Services offerings include specialty polymers for all processing types, including injection molding, blow molding, thermoforming and film and sheet extruding. The Company's products are supplied into every major plastics market segment, such as packaging, mobility, building and construction, electronics and electrical, and agriculture, among others.
A Schulman Inc
3637 Ridgewood Rd
FAIRLAWN OH 44333-3123
Company Web Links
- BRIEF-A Schulman sees 2019 sales in the range of $2.7 bln to $2.8 bln
- BRIEF-A Schulman says expects to eliminate about 60 positions, mainly from middle management ranks
- BRIEF-Channing Capital Management reports 5.1 pct passive stake in A Schulman as of Sept. 30 - SEC filing
- BRIEF-A Schulman announces CEO Joseph M. Gingo's total compensation
- BRIEF-A. Schulman posts Q4 adj. earnings per share $0.47