"Demand for PolyOne solutions and service in Turkey continues to increase," said Holger Kronimus, VP of Europe, PolyOne Corp. "These investments will further enable PolyOne's growth by providing customers a broader portfolio of offerings and even more efficient delivery times."
According to Pagev, the Turkish plastics industry association, the domestic plastics industry is growing at more than 10 percent per annum.
"Turkey is one of the fastest growing markets for thermoplastics in the world, and the specialty polymer solutions formulated by PolyOne deliver on the needs of original equipment manufacturers and plastics processors throughout the region," Kronimus said.