| Business Summary | | A.
Schulman,
Inc.
is
engaged
in
the
sale
of
plastic
resins
and
compounds
that
are
used
as
raw
materials
by
its
customers.
A.
Schulman
combines
basic
resins
purchased
from
plastic
resin
producers
and,
through
mixing
and
extrusion
processes,
introduces
additives
that
provide
color,
stabilizers,
flame-retardants
or
other
enhancements
that
may
be
required
by
a
customer.
These
compounds
are
formulated
in
the
Company's
laboratories,
and
are
manufactured
in
the
Company's
14
plastics
compounding
plants
in
North
America,
Europe
and
Asia.
Customers
for
the
Company's
plastic
compounds
include
manufacturers,
custom
molders
and
extruders
of
a
wide
variety
of
plastic
products
and
parts..
The
Company's
manufacturing
can
be
classified
into
four
product
families:
color
and
additive
concentrates;
engineered
compounds;
polyolefins;
and
polyvinyl
chloride
(PVC). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | A.
Schulman
is
an
international
supplier
of
plastic
compounds
and
resins.
These
products
are
used
by
consumers
as
raw
materials
in
their
manufacturing
operations.
For
the
nine
months
ended
5/31/01,
revenues
fell
7%
to
$749.5
million.
Net
income
applicable
to
Com.
fell
77%
to
$7.1
million.
Revenues
suffered
from
the
adverse
translation
effect
of
foreign
currencies
which
reduced
sales
by
$46.9
million.
Net
income
also
reflects
$4.6
million
in
charges
related
to
the
plant
closure
in
Akron. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Stefanko, 57 Chairman,
CFO, Exec. VP-Fin. & Admin., T | $676K | Terry Haines, 54 Pres,
CEO | 846K | Alain Adam, 52 VP-
International Automotive Operations | 217K | Ronald Andres, 50 VP-
North American Manufacturing | -- | Rengarajan Ramesh, 39 VP,
Technology | -- | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|