CLEVELAND – PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, has announced that its advanced, eco-friendly solutions are helping Schneider Electric to engineer better product performance, improve efficiency and strengthen its globally recognized sustainability strategy.
Two innovative materials from PolyOne are featured in Schneider Electric’s Multifix™ Air home electrical installations. Airtight housings are designed with PolyOne’s Maxxam™ FR and OnFlex™ non-halogenated, flame-retardant solutions.
The OnFlex TPE material serves as an impermeable elastic membrane, reducing air leakage between a building’s interior and exterior by 95% compared to standard electrical installation boxes, leading to energy savings for Schneider Electric’s customers. In addition to its non-halogen formulation, the regulatory-compliant Maxxam solution has a lower density than traditional materials, which reduces material consumption and housing weight for greater production efficiency.
“This project highlights Schneider Electric as a leader in eco-conscious design, and demonstrates the importance of solutions that reinforce these efforts while maximizing production efficiency,” commented Holger Kronimus, Vice President, Europe, PolyOne Corporation. “Our solutions lead to energy savings while also reducing material consumption during manufacturing.”
“At Schneider Electric, quality, efficiency and environmental sustainability go hand-in-hand, so we were very pleased to work with PolyOne and leverage these non-halogenated formulations,” said Loic Perret, Global Commodity Director at Schneider Electric, which was ranked tenth by Corporate Knights, a Canadian media and investment research company, in its Global 100, a list of the most sustainable corporations in the world.
About PolyOne
PolyOne Corporation, with 2013 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions. The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence. Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM, PolyOne is committed to its customers, employees, communities and shareholders through ethical, sustainable and fiscally responsible principles. For more information, visit www.polyone.com.
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Investor contact:
Isaac DeLuca
Vice President, Investor Relations
PolyOne Corporation
+1 440-930-1226
Isaac.deluca@avient.com
Media contact:
Kyle Rose
Director, Corporate Communications
PolyOne Corporation
+1 440-930-3162
kyle.rose@avient.com
Trade Media contact:
Michelle Maniscalco
Marketing Communications Manager, North America
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
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