World Thermoplastic Elastomers - The Freedonia Group

Company ProfilesThe Profiles Section analyzes 49companies active in the world thermoplasticelastomers industry. Theseprofiles represent a sampling or crosssectionof the types of companiesinvolved in the industry.Divisions, subsidiaries, jointventures, etc., are discussed underappropriate parent companies.Noveon Incorporated9911 Brecksville RoadBrecksville, OH 44141216-447-5000http://www.noveoninc.comCOMPANY PROFILESSources for profiles included:• Information provided bykey staff members in therespective companies• Annual reports• 10-K reports• Security analysts reports• Corporate product literatureSales: $1.1 billion (2001, as reported by company)SAMPLE PAGEEmployment: 3,090 (2000, as reported to the SEC)Key Products: thermoplastic polyurethanesNoveon, formerly BF Goodrich Performance Materials, began operating as aprivately-held firm when a US-based investor group consisting of AEA InvestorsIncorporated, DLJ Merchant Banking Partners and DB Capital Partners acquiredthe Performance Materials segment of BF Goodrich Company (Charlotte, NorthCarolina) for $1.4 billion in February 2001. Noveon is a leading global producer ofperformance polymer systems and additives with operations organized into threesegments: Consumer Specialties, Polymer Solutions and Performance Coatings.The Company is active in the world thermoplastic elastomers (TPEs) industrythrough the Polymer Solutions segment, which includes thermoplastic polyurethanes(TPUs). Noveon has production facilities in North America, LatinAmerica, Europe and the Asia/Pacific region. Research and development centersare maintained in Brecksville, Ohio in the US, as well as in Belgium by NoveonChemical Belgie NV, a subsidiary.Among Noveon’s TPU products are ESTANE, ESTALOC and ESTAGRIP. Thesematerials are produced at facilities in Avon Lake, Ohio in the US, as well as at aplant in Belgium. The TPUs are marketed worldwide. ESTANE polyester- andpolyether-based TPUs are designed to offer toughness, durability, abrasion and© Copyright by The Freedonia Group, Inc.World Thermoplastic Elastomers #155310Freedonia Industry Study