PolyOne Wins Innovation Award for Advancements in China Plastics Industry

SHANGHAI, Aug. 25, 2011 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, announced today that it has received the 2011 Ringier Technology Innovation Award for the Plastics Industry for its breakthrough Stat-Tech™ NT carbon nanotube formulation.

"This distinction reflects PolyOne's focus on innovation and our ongoing commitment to growth in Asia," said Dr. Willie Chien, president of Asia, PolyOne Corporation.

An independent panel of plastics industry experts selected PolyOne's new specialty material for recognition. The award honors Stat-Tech™ NT materials as an advanced solution that enables customers to differentiate their product offerings, improve operational efficiency and make future innovation possible.

"We are proud to receive this award from Ringier," said Craig Nikrant, president, Global Specialty Engineered Materials, PolyOne Corporation. "We expect global availability of this technology by the end of the year, as well as a broadening of the platform to additional base resins, further expanding our portfolio."

Stat-Tech NT material helps to protect customers' electronic devices from damage due to static electricity, increasing both the quality of these products and the efficiency of their manufacturing process.

About the Ringier Innovation Award

The Ringier Technology Innovation Award recognizes those who have made the most significant contribution for the advancement of China's plastics industry through technical innovation, productivity increase, economic efficiency, and market development. Ringier is a multinational integrated media company carrying print, broadcast, radio, online and mobile media brands. For additional information on Ringier, visit www.ringier.com.

About PolyOne

PolyOne Corporation, with 2010 revenue 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.

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SOURCE PolyOne Corporation