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January 7, 2014
08:38 EDTPOLPolyOne committed to deliver 50c of EPS accretion in 2015
PolyOne announced additional realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America. These actions will include aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne's Performance Products and Solutions segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas. PolyOne Corporation said "We continue to see upside opportunities to expand our portfolio of offerings and better serve our customers, and we remain committed to delivering 50c of EPS accretion from the deal in 2015." As a result of the realignment, PolyOne has adjusted its segment information for each of the first three quarters of 2013, as shown on Exhibit A, as well as on the Current Report on Form 8-K furnished to the SEC concurrent with the issuance of this release.
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