PolyOne Unit to Open Cape Town Factory, Business Day Reports

PolyOne Corp. (POL) subsidiary ColorMatrix will open an office in Cape Town next month as it expands in emerging markets, Business Day reported, citing Robert Patterson, PolyOne’s chief operations officer.

ColorMatrix will supply colorants to manufacturers of plastic bottles and personal care products in Africa, the Johannesburg-based newspaper cited Patterson as saying.

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net