Polymer Technology, Formulated Polymers increase PTS compounds capacity in Asia

Polymer Technology, Formulated Polymers to increase PTS compounds capacity in Asia

9:35 AM, 20th October 2016
Polymer Technology, Formulated Polymers to increase PTS compounds capacity in Asia

MURFREESBORO, US: Two compounding companies, Polymer Technology & Services LLC (PTS) in Murfreesboro, US and Formulated Polymers Limited (FPL) in Chennai, India have signed a new technical collaboration and licensing agreement to increase PTS compounds capacity in Asia, mainly South East Asia.

The agreement was signed by FPL joint managing director Sekar Venkateswaran and PTS president Tom Hooper. PTS compounds are already manufactured in China.

Founded in 1992, PTS specialises in the supply of innovative flame retardant compounds—all featuring UL Yellow Cards—based on polycarbonate (branded as TRISTAR), polybutylene terephthalate (PBT), PC-based blends, and ABS. These compounds are already used around the world, most frequently in electrical devices, by many key players in the field. Under the agreement with FPL, PTS will transfer its technology for over 40 UL certified products.

FPL was established in 1993, with a strong focus on development of application-specific engineering plastic compounds. Since then, it has developed over 400 compounds based on a wide range of polymers. These are branded as Formpoly. With these products, FPL is already supplying several important OEMs.

“With this partnership, FPL will have the capability to offer processors supplying the electrical and electronics industry in India and across South-East Asia. This is a significant step in our strategy at PTS to reach those processors around the world demanding high-performance UL-compliant flame retardant compounds. PTS now has its own or licensed manufacturing operations in the US, Europe, China and India,” said Hooper.

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