PolyOne Continues Portfolio Repositioning

Published Dec 02, 2010

CLEVELAND – PolyOne Corporation (NYSE: POL) today announced it has sold its 50% ownership interest in BayOne Urethane Systems LLC (BayOne) to Bayer MaterialScience LLC. Terms of this transaction were not disclosed. In an unrelated transaction, PolyOne collected 100% of its outstanding note receivable of $25.6 million from Excel Polymers.