PolyOne's Elastomers & Performance Additives Group Announces Product Line Extensions
October 16, 2001
CLEVELAND, Oct. 16 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today
announced that its Elastomers & Performance Additives Group will introduce a
line of ProFlex(TM) MB masterbatch products. They will serve as direct
replacements for Krynac(R) and Perbunan(R) brand NBR/PVC polymer blends
currently marketed by Bayer.
Bayer has recently announced that they will discontinue marketing these
products, and refer them to PolyOne so that they can continue to be supplied
to customers. For more than ten years, Bayer Krynac(R) brand NBR/PVC products
have been toll-produced by PolyOne. This means that as the product is
transitioned to PolyOne, current Bayer customers will continue to receive the
same formulation and high quality they have come to expect.
PolyOne and Bayer sales representatives will contact affected Bayer
customers to begin the transition. Bayer will eventually end sales of NBR/PVC
blends, to concentrate on NBR polymer production, but only after the right
steps are taken to help see that customers transitions go smoothly.
Bayer Perbunan(R) brand NBR/PVC products are produced in Germany using
latex blending facilities that Bayer expects to close in the very near future.
PolyOne and Bayer technical and product quality teams have worked closely
together to develop equivalent mechanical blends. Bayer/PolyOne testing shows
that the new ProFlex MB mechanical blends are excellent replacements for the
Perbunan(R) latex-blend produced products.
This agreement represents a continuing effort by both companies to focus
on their core strengths. Bayer is a global designer and producer of quality
thermoset elastomers including NBR. PolyOne Elastomers & Performance Additives
Group, serving nearly 1,600 customers, is the world's largest custom
elastomers compounder, and PolyOne Corporation is the world's largest producer
of compounded PVC.
The new NBR/PVC products will be marketed as ProFlex MB brand masterbatch
products and incorporate Bayer nomenclature for ease of identification. These
new products will be based upon Bayer Krynac and Perbunan polymer. For
example, "KRYNAC NV 850 NBR/PVC" will become "ProFlex MB NV 850 NBR/PVC,"
based upon Bayer - nitrile polymer.
PolyOne Elastomers & Performance Additives offers custom compounding of
customer-owned recipes, toll mixing, individualized product developments,
HARWICK(R) brand prepared additives for rubber, and ProFlex brand optimized
PolyOne Corporation, with annual revenues approximately $3 billion, is an
international polymer services company with operations in thermoplastic
compounds, specialty vinyl resins, specialty polymer formulations, engineered
films, color and additive systems, elastomer compounding, and thermoplastic
resin distribution. Headquartered in Cleveland, PolyOne has more than 8,000
employees in North America, Europe, Asia and Australia, and joint ventures in
North America, South America, Europe, Asia and Australia. Information on the
Company's products and services can be found at www.polyone.com .
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SOURCE PolyOne Corporation
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