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.

© Worldofchemicals news

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Archroma successfully implements sustainability in the value chain

REINACH, SWITZERLAND: Archroma celebrates its three years’ achievement in driving sustainability in the value chain, starting from 2013. The com ...

Read more
Archroma launches food compliant dyes for paper manufacturers

REINACH, SWITZERLAND: Archroma said it has launched food compliant colourant dyes for paper, packaging and tissue applications. The new colourant dyes ...

Read more
Sumitomo Chemical merges three subsidiaries in Singapore

SINGAPORE: Sumitomo Chemical has chosen to consolidation its 3 Singapore-based subsidiaries, Sumitomo Chemical Asia Pte Ltd, Sumitomo Chemical Singapo ...

Read more
Merck sells coating formulations business to durXtreme

DARMSTADT, GERMANY: Merck sign a cooperation agreement with German’s coatings specialist, durXtreme GmbH of Ulm, where durXtreme will have full ...

Read more
Evonik, HP to develop new plastic powders for 3D printing

ESSEN, GERMANY: Evonik Industries and HP Inc partner in developing new plastic powders for 3D printing. Evonik has developed and produced special pla ...

Read more
Clariant, Shinkong partner to promote halogenated flame retardants

MUTTENZ, SWITZERLAND: Clariant International Ltd extends it alliance with Shinkong Synthetic Fibers Corporation’s engineering plastics division ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X