Summary: PolyOne Corp. Oct 11
- ID: 2087154
- October 2011
- Standard & Poors
Standard & Poor's ratings on Avon Lake, Ohio-based PolyOne Corp. reflect an aggressive financial risk profile, modest operating margins, some volatility in earnings, and a meaningful exposure to cyclical end markets for the company's commodity business lines. The company's leading market positions in several plastic product lines and good growth prospects partly offset these risks. PolyOne, formed through the merger of Geon Co. and M.A. Hanna Co., generated revenues of about $2.7 billion for the 12 months ended June 30, 2011. The company divides its operations into four businesses: Performance products and solutions (about 27% of 2010 revenue), which produces thermoplastic compounds to meet requirements of molded and extruded plastic producers; Distribution (about 33% of revenue), which includes the sale...
Companies mentioned in this report are: PolyOne Corp.
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