PP FR 8-6 LMS-1000

PP FR 8-6 LMS-1000

Custom products can be formulated with recycled PP and PE for improved recyclability, plus the portfolio includes halogen and non-halogen products.

PP FR 8-6 LMS-1000

This negatively impacted customer orders, most notably in PPS and Distribution.  Richardson, executive vice president and chief financial officer, PolyOne Corporation, said, "In January and February, we observed significant customer order delays in PPS, POD and DSS as customers worked through on-hand inventories. 

The plan includes a range of options, including repurposing scrap composite rods as fence posts, recycling of scrap glass, and recycling of composite finished goods.

The plan includes a range of options, including repurposing scrap composite rods as fence posts, recycling of scrap glass, and recycling of composite finished goods.

Our Specialty Engineered Materials, Performance Products & Solutions (PP&S) and Distribution (POD) segments all delivered record operating income, helping us to overcome a number of macro-economic challenges and weaker performance in Designed Structures & Solutions (DSS)." These associates led to a near-immediate impact in POD and PP&S where sales cycles are the shortest within the company, and both segments reported record operating income for the full year 2016. 

Patterson added, "Performance Products & Solutions (PP&S) achieved another exceptional quarter, driven by continued mix improvement resulting in a new segment operating margin record of 12.3%.  Underlying organic sales growth plus the addition of Magenta's fiber colorant business and Kraton's TPE business was more than offset by lower year-over-year selling prices in Distribution, PP&S, and Designed Structures and Solutions (DSS), due to lower hydro-carbon based raw material costs.

Softening demand conditions in the fourth quarter most heavily impacted the Performance Products and Solutions (PP&S) and Specialty Engineered Materials (SEM) segments. Specifically, end markets negatively impacting PP&S were building & construction and appliance.