PolyOne Opens Innovation Center in Avon Lake

CLEVELAND, May 12, 2011 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, today opened the doors of a state-of-the art Innovation Center at its Avon Lake, Ohio headquarters.

This facility supports customers with leading-edge capabilities for application development, testing, process optimization and color matching. The new facility is a significant extension of the Company's customer-focused resources, and represents a first-phase investment of over $3 million.

"The Innovation Center bridges the gap between concept and commercialization for our customers, and enables them to cut development time while boosting their profitability," said Stephen D. Newlin, PolyOne chairman, president and chief executive officer.

Part of a network of customer-focused facilities around the world, PolyOne's Avon Lake Innovation Center was designed to provide an environment that facilitates creativity and supports customers in co-developing solutions to the challenges they face. Customers will interact with PolyOne's engineers and scientists with expertise in engineered materials, color and additives, and Geon brand vinyl to streamline the development cycle and foster new product development.

About PolyOne

PolyOne Corporation, with 2010 revenues of $2.6 billion, is a premier provider of specialized polymer materials, services and solutions. Headquartered outside of Cleveland, Ohio USA, PolyOne has operations around the world. For additional information on PolyOne, visit our Web site at www.polyone.com.

To access PolyOne's news library online, please go to www.polyone.com/news.

SOURCE PolyOne Corporation