CLEVELAND, Aug. 19, 2019 /PRNewswire/ — PolyOne Corporation (POL), a leading global provider of specialized polymer materials, services and solutions, today announced it has entered into a definitive agreement to sell its Performance Products and Solutions (PP&S) business to SK Capital Partners for $775 million in cash.  PolyOne expects to record a pre-tax gain of approximately $600 million at the time the sale is completed. With sales of approximately $700 million, PP&S is a global provider of formulated PVC and polypropylene based solutions, as well as contract manufacturing services, primarily serving the North American Construction and Automotive end markets.

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