A. Schulman, Inc. manufactures and supplies plastic compounds and resins. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. The company also provides engineered composites, such as thermoset bulk, sheet, and thick molding compounds, as well as high performance composite solutions for original equipment manufacturers and custom molders. In addition, it offers concentrates to enhance the performance, appearance, and processing of plastics for intended applications; additive solutions, such as antibacterial, flame retardant, ultra-violet, anti-static, barrier, and antioxidant products to enhance performance and processing properties; application solutions that minimize the use of plastics; and solutions for agriculture films. Further, the company provides polymer solutions, which provide multi-component blends that include polyolefins, nylons, polyesters and elastomers, and others; and formulating know-how with fiber reinforcements, such as glass and carbon, nano-reinforcements, flame retardants, impact modifiers, and ultra-violet stabilization. Additionally, it offers size reduction services; specialty powders for injection, blow molding, and rotational molding markets; jet milling services used for products requiring fine particle size; and cryogenic milling services for heat sensitive materials. The company buys, repackages, and re-sells polymers for various processing types such as injection molding, blow molding, thermoforming, and film and sheet extrusion. It serves packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, sports, home, and leisure markets in Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific. A. Schulman, Inc. was founded in 1928 and is headquartered in Fairlawn, Ohio.
A. Schulman reports 4Q loss FAIRLAWN, Ohio (AP) _ A. Schulman Inc. (SHLM) on Wednesday reported a fiscal fourth-quarter loss of $383.2 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Fairlawn, Ohio-based company said it had a loss of $13.12. Earnings, adjusted for one-time gains and costs, were 41 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. The supplier of plastic compounds and resins posted revenue of $604.6 million in the period. For the year, the company reported a loss of $357.1 million, or $12.44 per share, swinging to a loss in the period. Revenue was reported as $2.5 billion. A. Schulman shares have fallen nearly 10 percent since the beginning of the year. The stock has decreased 23 percent in the last 12 months.
