<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 18, 1997
----------------
THE GEON COMPANY
------------------------------------------------------------
(Exact name of registrant as specified in charter)
Delaware 1-11804 34-1730488
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File number) Identification No.)
incorporation)
One Geon Center, Avon Lake, Ohio 44012
----------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 216-930-1241
-----------------
Not Applicable
--------------------------------------------------------------
(Former name or former address, if changed since last report.)
<PAGE> 2
Item 5. Other Events
- ------- ------------
The Geon Company announced that the Company's obligation to purchase the Calvert
City, Kentucky, chlor-akali and olefins facilities from The BFGoodrich Company
has lapsed.
Item 7(c). Financial Statements, Pro Forma Financial Information and Exhibits
- ---------- ------------------------------------------------------------------
Exhibit 99.1 Press Release of August 18, 1997 announcing that Geon's obligation
to purchase certain chlor-alkali and olefins facilities from BFGoodrich has
lapsed.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE GEON COMPANY
By \s\G.L. Rutman
---------------
Gregory L. Rutman
Secretary
Dated August 19, 1997
<PAGE> 1
EXHIBIT 99.1
------------
FOR IMMEDIATE RELEASE
GEON OBLIGATION WITH BFGOODRICH LAPSES
--------------------------------------
CLEVELAND, OHIO AUGUST 18, 1997 -- The Geon Company (NYSE: GON) today announced
that as a result of the agreement by The Westlake Group to purchase the Calvert
City, Kentucky, chlor-alkali and olefins facilities from The BFGoodrich Company,
Geon's obligation to purchase those assets has lapsed.
The Geon Company is one of the largest suppliers of polyvinyl chloride (PVC) in
North America and is the largest merchant provider of PVC compounds.
Headquartered in Avon Lake, Ohio, The Geon Company and its subsidiaries have 11
manufacturing plants in the United States and Canada, and joint ventures in
Europe, Australia and Southeast Asia.
****
Contact: Dennis Cocco
The Geon Company
216-930-1538