{"id":17342,"date":"2019-11-05T08:46:04","date_gmt":"2019-11-05T07:46:04","guid":{"rendered":"https:\/\/php8.plastv.de\/?p=17342"},"modified":"2019-11-04T12:06:14","modified_gmt":"2019-11-04T11:06:14","slug":"polyone-completes-sale-of-performance-products-and-solutions","status":"publish","type":"post","link":"https:\/\/plas.tv\/?p=17342","title":{"rendered":"PolyOne Completes Sale of Performance Products and Solutions"},"content":{"rendered":"<div class=\"xn-content\">\n<p>PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, has completed the previously announced sale of its Performance Products and Solutions (PP&amp;S) business to SK Capital for $775 million in cash with an expected \u00a0pre-tax gain of $600 million.<\/p>\n<p>&#8220;We are pleased to have completed the divestiture of PP&amp;S,&#8221; said Robert M. Patterson, Chairman, President and Chief Executive Officer, PolyOne Corporation.\u00a0 &#8220;Since 2006, we have invested in and grown PP&amp;S, and it has played an important role in our transformation and value creation.&#8221;<\/p>\n<p>&#8220;As we look to the future, we are confident that SK Capital will further increase value for customers and stakeholders,&#8221; Mr. Patterson added.\u00a0 &#8220;We count ourselves among them, as PP&amp;S will continue to supply certain PolyOne applications and be an important partner for our Distribution business.&#8221;<\/p>\n<p>The company noted that proceeds from the sale will be used to strengthen its balance sheet and fund future growth initiatives, including investing in sustainable solutions and specialty acquisitions.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, has completed the previously announced&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,16],"tags":[],"series":[],"class_list":["post-17342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plas-tv-meldungen-auf-der-startseite-unterhalb-slider","category-plast-tv-textmeldungen"],"_links":{"self":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/17342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17342"}],"version-history":[{"count":1,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/17342\/revisions"}],"predecessor-version":[{"id":17343,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/17342\/revisions\/17343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/media\/7109"}],"wp:attachment":[{"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17342"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fseries&post=17342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}