A. Schulman Enters Into Agreement to Purchase a Majority Share of Argentina-Based Surplast S.A.

A. Schulman, Inc. announced today that it has entered into an agreement to become a 51% equity holder, through a $1.1 million investment, in Surplast S.A. The other owner of the venture is 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, stated, "We are the leading supplier of specialty powders in the world and our partnership with Surplast will enhance our ability to provide products for the rotational molding industry throughout South America and better serve our customers in countries such as Chile, Uruguay and Argentina ."

"With our process and product knowledge, complete grade slate, local production and market knowledge, we are in a strong position to take advantage of opportunities in this key region," said Eric Parsons, Managing Director of ICO Polymers - The Americas, a unit of A. Schulman.

With this move, A. Schulman will now have a facility in Argentina, in addition to the three facilities that the Company previously acquired in Brazil through its ICO and Mash acquisitions. A. Schulman's portfolio includes masterbatch, engineered plastics and rotomolded products to meet growing demand in South America.
Have You Heard About our Podcasts?
Through the Line podcasts explore innovations and information across the packaging and processing landscape. Join us for the latest insights, trends, and strategies shaping packaging and processing today.
Listen Today
Have You Heard About our Podcasts?
List: Digitalization Companies From PACK EXPO
Looking for CPG-focused digital transformation solutions? Download our editor-curated list from PACK EXPO featuring top companies offering warehouse management, ERP, digital twin, and MES software with supply chain visibility and analytics capabilities—all tailored specifically for CPG operations.
Download Now
List: Digitalization Companies From PACK EXPO