Clariant and Sanitized to continue cooperation

Clariant and Sanitized to continue cooperation

// INDUSTRY blew: Teknor Apex buys Singapore compounder US company Teknor Apex Company has purchased the shares of Singapore Polymer Corporation (P...

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INDUSTRY

blew:

Teknor Apex buys Singapore compounder US company Teknor Apex Company has purchased the shares of Singapore Polymer Corporation (Pte) Ltd., a diversified thermoplastics compounder based in Singapore from its current partners, Norsk Hydro ASA and the Development Bank of Singapore. Singapore Polymer Corp. manufactures flexible and rigid vinyl, thermoplastic elastomers (TPEs), polyolefin and styrenic compounds and colour and additive masterbatches. The company supplies customers in the Middle East, India, China, Southeast Asia, Indonesia, Australia and New Zealand. Teknor Apex is one of North America's largest plastic compounders with ten locations. The company is a leading supplier of flexible vinyl compounds for more than 50 years, offers a diverse TPE product line, supplies colour concentrates and has a growing business as a toll manufacturer of speciality compounds based on polyolefin, sryrenic and engineering thermoplastic polymers. "Purchasing Singapore Polymer Corp. is thus far the most important in a series of

initiatives to establish Teknor Apex as a leading international supplier of custom compounds," says Jonathon D Fain, president of Teknor Apex. "Beyond its considerable size, what is remarkable about this acquisition is that Singapore Polymer Corp. specializes in the same product areas as those which have formed the core of our own plastics business for decades." Singapore Polymer Corp. operates 18 compounding lines. Its products include: Sinvicomp TM rigid and flexible PVC compounds, used in bottle, medical, wire and cable, profile and custom injection moulding applications; Sinpolene TM colour and additive masterbatches; Sinpolene TM polyolefin compounds, including mineralfilled, glass-filled and flame retardant formulations, crosslinked PE for wire and cable, and medium- and high-density PE for pipe; SinelecTM conductive styrenic and polyolfin compounds; and Singaprene vM styrenebutadiene-styrene TPE compounds, ranging in hardness from 30-95 Shore A and used

in footwear, electrical, appliance, automotive and other applications. According to Teknor Apex, Singapore Polymer Corporation will operate as it has in the past with integration of new products and technical support from Teknor Apex Company. Mr. Cheah Sin Hua will continue as managing director. The company is currently building a new, expanded headquarters and manufacturing complex that will be completed by the end of 2003. Singapore Polymer Corporation employs 175 people. "While maintaining its supply arrangements with existing customers, Singapore Polymer Corp. will also provide them with access to products developed in the USA by Teknor Apex," adds Jonathon D Fain. "We intend to manufacture many of these products in Singapore, enabling our multinational customers to obtain precisely the same compounds for their Asian operations as they do in North America." Teknor Apex says that the purchase of Singapore Polymer Corp. is the latest

venture in a growth strategy of acquisition and partnering. This has expanded its access to world markets for products as diverse as wire and cable compounds, liner materials for beverage caps and closures, and TPEs for appliance, medical device, automotive and consumer product applications. "Singapore Polymer Corp. will establish Teknor Apex as a major force in the Asia-Pacific market, which has greater potential than any other market in the world," says Dr. Robert Brookman, vice-president for business development. "Consider the PVC sector. Today per-capita consumption of PVC in the USA is 9kg; in the AsiaPacific region it is only 2.3kg. Manufacturers there will need vast quantities of vinyl compound to meet growing domestic and export demand for appliance, automotive, medical, wire and cable and a host of other uses." ContactTeknor Apex Company Tel." +1 401 725 8000 Fax." +1 401 725 5680 info @teknorapex. corn

Clariant and Sanitized to continue cooperation Clariant and Sanitized have extended their cooperation in antimicrobial material protection. The companies have announced that they will be continuing with their 15-year association. According to the two compa-

antimicrobial protection For plastics. The products are available in powdcr, liquid and masterbatch form. For the textile industry, Sanitized has also developed new technology with which all conventional textiles can bc trcated.

hieS, they will continue to introduce innovative products and new technologies with the aim of doubling sales figures within the next three years. In June this year a new series of inorganic and organic additives was launched to provide

Plastics Additives & Compounding November 2001

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