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A. Schulman Receives the 2017 Society of Plastics Engineers Automotive Innovation Award

By GlobeNewswire,  December 07, 2017, 08:30:00 AM EDT


AKRON, Ohio, Dec. 07, 2017 (GLOBE NEWSWIRE) -- A. Schulman, Inc. (Nasdaq-GS:SHLM), a leading international supplier of high-performance plastic compounds, composites and powders, has received the 2017 Automotive Innovation Award from the Society of Plastics Engineers ("SPE") for Most Innovative Use of Plastics

SPE recognized A. Schulman for its innovative material in the Aftermarket segment together with system and tooling supplier Penda Corp., material processor Penda/Durakon, and automotive manufacturer General Motors.  A. Schulman's Polytrope® TPP 1026EU Thermoplastic Polyolefin Elastomer, an advanced polyolefin composition, is featured in the award-wining Integrated Floor Bedliner Divider in the 2017 Chevrolet Silverado.

"We are honored to have won this prestigious award. This acknowledgement confirms that we are focused on our customers and committed to innovation," says Frank Roederer, Senior Vice President and General Manager of United States & Canada Region and Engineered Composites at A. Schulman. "This recognition reinforces the importance of collaboration across suppliers, processors, and the OEM's in order to overcome industry challenges."

This is the first twin sheet thermoformed bedliner divider that has been integrated into the bedliner as one piece.  With this new application, the need for a cargo net has been eliminated. This allows consumers to place small items in the truck bed and reduces the risk of the items moving or sliding while the vehicle is in motion.

On November 8, 2017, SPE held its 47th Annual SPE Automotive Innovation Awards Competition with this year's theme being Intelligent Automotive Design with Plastics.  This competition is the largest and oldest of its kind in the automotive and plastic industries.

About A. Schulman, Inc.

A. Schulman, Inc. is a leading international supplier of high-performance plastic compounds, composites and resins headquartered in Akron, Ohio. Since 1928, the Company has been providing innovative solutions to meet its customers' demanding requirements. The Company's customers span a wide range of markets such as packaging, mobility, building & construction, electronics & electrical, agriculture, personal care & hygiene, sports, leisure & home, custom services and others. The Company employs approximately 4,900 people and has 54 manufacturing facilities globally. A. Schulman reported net sales of approximately $2.5 billion for the fiscal year ended August 31, 2017. Additional information about A. Schulman can be found at www.aschulman.com.

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Contact information:

Media in Americas:

Chelsea Henderson

Senior Marketing Communications Specialist

A. Schulman, Inc.

3637 Ridgewood Road

Fairlawn, Ohio  44333

Tel. 330-668-7290

Email: Chelsea.Henderson@aschulman.com

www.aschulman.com

Media and Investors in United States

Jennifer K. Beeman

Vice President, Corporate Communications & Investor Relations

A. Schulman, Inc.

3637 Ridgewood Road

Fairlawn, Ohio  44333

Tel: 330-668-7346

Email: Jennifer.Beeman@aschulman.com

www.aschulman.com

Source: A. Schulman, Inc.

This article appears in: News Headlines

Referenced Stocks: SHLM


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