A. Schulman invests in Argentina, rotomolding with Surplast acquisition

07/06/2011

A. Schulman will now have a facility in Argentina, in addition to the three facilities it previously added in Brazil through its ICO and Mash acquisitions, after buying a majority stake in Surplast S.A. The specialty compounder and distributor invested $1.1 million to claim a 51% interest in Surplast, investing in the company with Alta Plastica S.A., one of the largest distributors of resins in Argentina.

Gustavo Perez, general manager and chief operating officer of the Americas for A. Schulman, said in a release that the partnership with Surplast will enhance its ability to provide products for the rotational molding industry throughout South America and better serve its customers in Chile, Uruguay, and Argentina.
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