US-based PolyOne opens masterbatch facility in Pune

The US-based PolyOne Corporation, a provider of specialised polymer materials, has opened a new facility to manufacture specialty solid masterbatch, and liquid colour & additive formulations at Ranjangaon industrial zone in Pune. The facility also includes development labs and the sales and customer service centre for the region. Products produced at the facility serve multiple end markets, including transportation, healthcare, wires & cables and packaging.
 
Vikas Vij, Managing Director for PolyOne's operations in India, said, “We are extremely proud to commemorate the opening of this exceptional facility with our customers and talented team of associates. We now offer more solutions than ever before, and we have also optimised our logistics and operations to add improved service, delivery and value to our customers."
 
Robert Patterson, President and Chief Executive Officer, PolyOne Corporation, said, “PolyOne continues to execute the globalisation pillar of our proven strategy. This new facility allows us to serve more regional customers, and at the same time, provide local production of the highest quality and consistent materials required by our large multi-national customers. India is an attractive region with strong underlying growth potential, and this investment will deliver exceptional value to our customers.”