WiredInUSA May 2016

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Compounding of like minds durable bond. Another specialty is radia- tion-crosslinked grades of ETPs and TPEs. For the past year, PTS has manufactured TPE and ETP compounds for Teknor Apex under a tolling agreement. Now the PTS compounding facility at Steinsfeld becomes the second manufacturing site in Europe for Teknor Apex, which already compounds TPEs at a facility in Genk, Belgium. “The acquisition of PTS is a natural fit in the strategic vision of Teknor Apex to support the market with a global footprint and local presence,” said Jonathan Fain, chairman and CEO of Teknor Apex. “It also brings together two companies that have shared the unique culture of being privately owned and intensively customer-centered.”

Teknor Apex Company has acquired Plastic Technologie Service (PTS), the German custom compounder of thermoplastic elastomers (TPEs) and engineering thermoplastics (ETPs). PTS products are diverse; its TPEs include block copolymers, TPVs and polymer blends, and ETPs include several types of polyamide plus PBT, polycarbonate (PC), and PC/ABS blends. “PTS is well known for…developing hard/ soft solutions that combine elastomers with rigid polymers,” said Suresh Swaminathan, senior vice president in charge of the global TPE business of Teknor Apex. “They will bring to our partnership a range of unique technologies and service capabilities.” Among proprietary specialties of PTS is a hard/soft technology for over-molding TPEs onto polar ETP substrates, such as nylon and acetal, and producing a

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wiredInUSA - May 2016

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