2 September 2014
ABOUT COMPCO PTY LTD, WWW.COMPCO.COM.AU
Details
is a manufacturer of a variety of plastic compounds
and products including masterbatches and
custom performance colors.
Key markets include packaging, wire & cable and pipe.
Compco achieved revenues of nearly $15 million
for its fiscal year ending June 30, 2014.
Joseph M. Gingo,
Chairman, President and
Chief Executive Officer of A. Schulman,
"This is our 10th acquisition in the last four years and,
although it is relatively small compared with
our entire organization,
the benefits of Compco's industry-leading technology
will better position our business in the region and
can be leveraged throughout our global footprint."
Bernard Rzepka,
Executive Vice President and
Chief Operating Officer of A. Schulman.
"Compco holds a strong position and significant growth potential
in the Australian market and beyond,
and its products are aligned with
our strategic focus and objectives
in the Asia Pacific (APAC) region,"
"The acquisition expands
the capabilities of our APAC operations and
marks our first entry into the growing pipe and
highly regulated wire & cable markets.
This move is a positive next step as
we remain committed to growing
both organically and through acquisitions
in the strategically important APAC region."
WWW.CHEMWINFO.COM BY KHUN PHICHAI
