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wiredInUSA - May 2016
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Compounding
of like minds
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
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.”
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INDEX