PolyOne Distribution Announces Global Expansion Into Asia

PolyOne Corporation POL today announced that it will open a new polymer distribution warehouse and sales facility on July 1 in Shanghai, China. This marks the first entry point for PolyOne Distribution into Asia. "PolyOne Distribution is the market leader in less than truckload thermoplastics distribution in North America, and we have a backlog of customer requests to expand our distribution services globally," said Stephen D. Newlin, chairman, president and chief executive officer. "With our most recent investment in Asia, PolyOne Distribution is accelerating the globalization and customer service offerings of this very important platform." PolyOne has emerged as a leading supplier of polymer materials, services and solutions in the healthcare industry and is recognized for its expertise in serving this market. Since 2006, our healthcare sales have expanded 95% and now represent over $250 million in annualized sales. PolyOne Distribution has led the Company's healthcare expansion and offers the broadest certified healthcare portfolio in the industry.