CLEVELAND, Feb. 7, 2018 /PRNewswire/ — PolyOne Corporation (NYSE: POL) today announced it expects to begin production of thermoplastic elastomers (TPEs) this summer at its existing facility in Pune, India. PolyOne currently produces color and additive concentrates and engineered polymer solutions at the Pune facility. Adding TPE production enables the company to support customers in the country even more quickly and with a broader portfolio of domestically manufactured materials.
“This investment at our facility in Pune answers customers’ desire for a domestic supplier able to offer expertise in color, engineered materials and thermoplastic elastomers,” said Craig Nikrant, president, Specialty Engineered Materials, PolyOne. “We are the only global company to offer all of these domestically produced materials in India. Customers benefit from shorter lead times due to domestic production, and also from our global network of polymer science expertise.”