Nbspa Schulman Announces Grand Opening Of Plastics Masterbatchmanufacturing Facility In Vadodara Indianbspakron Ohio Ndash April 25 2013 Ndash A Schulman Inc Nasdaqgs Shlm Today Announcednbspthe Grand Opening Of Its New Plastics Masterbatch Manufacturing Facility In Western India Thenbspgrand Opening Will Be Marked By A Ribboncutting Ceremony On April 29 2013the New Facility In Vadodara Gujarat India Will Manufacture A Schulmanrsquos Masterbatchnbspproducts For Indiarsquos Growing Flexible Packaging Appliance And Consumer Products Marketsnbspinitially Its Annual Capacity Is Projected To Be Approximately 10000 Metric Tons The Newnbspplant Is Strategically Located Near A Schulmanrsquos Customersrsquo Manufacturing Facilities In Westernnbspindia And Near The Coast Line Of The Arabian Sea Which Will Facilitate The Shipment Of Rawnbspmaterials For Productionnbspldquowe Are Very Pleased To Announce The Opening Of Our New Masterbatch Manufacturing Facilitynbspin Vadodara Indiardquo Said Derek Bristow Vice President And General Manager For Anbspschulmanrsquos Asiapacific Region Ldquothis Plant Will Be Dedicated To Providing Innovativenbspmasterbatch Solutions To Meet The Needs Of Flexible Packaging White Goods And Cosmeticsnbspmanufacturers In Indiardquonbspldquoby Opening This New Plant In Vadodara We Are Strengthening Our Position To Serve Ournbspgrowing Customer Base In This Attractive Marketrdquo Said Mannar Mannan Shanmugam Anbspschulman General Manager For Indianbspldquoin Line With Our Strategic Direction We Are Continuing Our Geographic Expansion In Growingnbspmarkets Across Asia And India Is A Key Component Of That Growth Strategyrdquo Said Bernardnbsprzepka Executive Vice President And Chief Operating Officer Of A Schulman Ldquothis Newnbspplant Is Another Step In Our Progress Toward Becoming The Numberone Global Manufacturer Innbspthe Masterbatch Marketrdquonbspthe Vadodara Plant Is A Schulmanrsquos First Manufacturing Facility In India And Its Fifth In Thenbspasiapacific Region Prior To Opening The New Facility A Schulman Was Serving Itsmasterbatch Customers In India By Exporting Products From Its Indonesian And Malaysiannbspfacilities These Facilities Will Now Focus Exclusively On Serving The Growing Demand Formasterbatch Products For Flexible Packaging Applications In Their Respective Marketsnbspabout A Schulman Inca Schulman Inc Is A Leading International Supplier Of Highperformance Plastic Compounds And Resinsnbspheadquartered In Akron Ohio Since 1928 The Company Has Been Providing Innovative Solutions Tonbspmeet Its Customers39 Demanding Requirements The Company39s Customers Span A Wide Range Of Marketsnbspsuch As Packaging Mobility Building Amp Construction Electronics Amp Electrical Agriculture Personal Carenbspamp Hygiene Sports Leisure Amp Home Custom Services And Others The Company Employs Approximately3300 People And Has 35 Manufacturing Facilities Globally A Schulman Reported Net Sales Of 21nbspbillion For The Fiscal Year Ended August 31 2012 Additional Information About A Schulman Can Benbspfound At Wwwaschulmancom
