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A. Schulman Wins The Grand Innovation Award From European Society Of Plastics Engineers

December 16, 2016 9:20 AM EST

AKRON, Ohio, Dec. 16, 2016 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq: SHLM) today announced that it received the Grand Innovation Award from the European Society of Plastics Engineers ("SPE") in the industry organization's 2016 Automotive Parts and Components competition.

SPE awarded A. Schulman with a first place in the category of Exterior Automotive Parts. The Company also received the renowned "Grand" award for the skid plate design of the Mercedes-Benz GLA. The Company's design application provided Mercedes-Benz with a molded silver metallic color material.

A. Schulman's R&D teams were challenged to develop a material with perfect dispersion of the metallic color. The developed grade eliminates optical effects, such as "tiger stripes" which occur especially while processing large injection molded parts. This perfect appearance has been achieved in combination with the right material recipe, a well-balanced design of the manufacturing tools and the supporting injection molding technology.

The Company also received a third-place award for its contribution to the stationary charging box designed by ABL in Germany. The charging box is used for electric vehicles and provides excellent resiliency to heat, weather and chemicals.

"At A. Schulman, we take great pride in helping our customers achieve success," said Heinrich Lingnau, Senior Vice President and General Manager, Europe, Middle East and Africa. "While we are pleased to be recognized by the SPE, an organization we hold in high regard, it is the unwavering confidence our customers have in our ability to create the right solutions for them that truly validates our work for us."

About the Society of Plastics EngineersFounded in 1941, SPE is the largest technical society for the global plastics industry. With more than 20,000 members from 84 different countries, its mission is to provide and promote scientific and engineering knowledge related to plastics around the world. For more information, please visit: http://www.4spe.org/.

About A. Schulman, Inc.A. Schulman, Inc. is a leading international supplier of high-performance plastic compounds and resins headquartered in Akron, Ohio. Since 1928, the Company has been providing innovative solutions to meet its customers' demanding requirements. The Company's customers span a wide range of markets such as packaging, mobility, building & construction, electronics & electrical, agriculture, personal care & hygiene, sports, leisure & home, custom services and others. The Company employs approximately 4,800 people and has 54 manufacturing facilities globally. A. Schulman reported net sales of approximately $2.5 billion for the fiscal year ended August 31, 2016. Additional information about A. Schulman can be found at www.aschulman.com. For high-resolution images, please visit our newsroom at http://engineeredcomposites.aschulman.com/newsroom.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/a-schulman-wins-the-grand-innovation-award-from-european-society-of-plastics-engineers-300379797.html

SOURCE A. Schulman, Inc.



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