BUSINESS SALE |
PolyOne selling off businesses In a bid to focus on its core compounding, masterbatch, and plastics distribution businesses, PolyOne says it will sell businesses that generated nearly a quarter of its 2002 sales. The businesses in elastomers and performance additives, engineered films, and specialty resins generated sales of $364 million, $153 million, and $100 million, respectively. Moreover, PolyOne has reiterated that its stakes in the OxyVinyls joint venture with Occidental and the Sunbelt chlor-alkali partnership with Olin are also noncore |
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