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PolyOne to sell performance products and solutions business for over $700 million

 Last Update: 2022-08-18
 Source: Internet
 Author: User

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polyone corporation

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Recently, PolyOne Corporation, a provider of specialty polymer materials, services and solutions, announced that it will sell its Performance Products and Solutions (PP&S) business to SK Capital Partners for $775 milli.

PolyOne expects pretax earnings of approximately $600 million when the transaction clos.

PolyOne's PP&S segment, with sales of $700 million, provides formulated PVC and polypropylene solutions and customized services, primarily serving the construction and automotive end markets in North Ameri.

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