A. Schulman Realigns Capacity in Italian and Australian Manufacturing Operations

A. Schulman, Inc. SHLM announced today that it is moving its manufacturing facility in Verolanuova, Italy. Operations will be relocated to its existing facility in Gorla Maggiore, Italy. The Company will also consolidate operations in Australia by moving production from its Breaside, Australia specialty powders facility near Melbourne, Australia, to other facilities in the region. In total, approximately 40 to 60 jobs will be eliminated. Production lines at the Verolanuova, Italy facility are expected to be relocated by early calendar 2012. Specialty powders production will be moved from Verolanuova to better leverage the state-of-the-art facilities in Gorla Maggiore, Italy. A. Schulman will further enhance the capabilities of the Gorla Maggiore plant to develop and manufacture value-added technical powders as well as custom color masterbatches and compounds for the local market. A commercial and administrative office will remain in Verolanuova, Italy.