Polymax narrows US plant search

By Frank Esposito
Senior Staff Reporter

Published: April 1, 2012 6:00 am ET

Lu

Related to this story

Topics Materials, Suppliers, NPE 2012

ORLANDO, FLA. (April 1, 8:45 a.m. ET) — Chinese materials firm Polymax Elastomer Technology Co. Ltd. has narrowed down its search for a U.S. production site to four states.

Polymax — which makes styrenic block copolymer-type thermoplastic elastomers, as well as thermoplastic rubber — will choose between Illinois, North Carolina, South Carolina and Michigan by the end of the year, officials said. The Nantong, China-based firm already is working on financing for the proposed site, which would employ between 10 and 20 and would increase Polymax’s global production capacity by at least 20 percent.

Since 2010, Polymax’s Maxelast-brand SBCs have been sold in North America by distribution firm Alliance Polymers & Services LLC of Romulus, Mich. In a news release, Polymax principal Y. Martin Lu said that his firm will continue to work closely with Alliance.

Alliance’s sales and technical resources “promise to give OEMs’ designers a bigger and broader choice of TPEs and quality technical service than ever before,” said Lu, who has previous TPE market experience with McHenry, Ill.-based GLS Corp.

Alliance principal Stephane Morin added in the release that Polymax’s production site “will vastly increase the choice of formulations … available to our growing customer base where we sell a variety of soft elastomers.”

Polymax’s materials are used in applications by many U.S. and international firms, including General Motors, Nike, Adidas and Stanley Tools.

At NPE2012, Alliance is exhibiting in the TPE pavilion at Booth 57020. Polymax officials will be with Alliance at the event as well. Alliance also distributes Elastollan-brand thermoplastic poly­urethanes for BASF Corp. (Booth 24000).


Comments

Polymax narrows US plant search

By Frank Esposito
Senior Staff Reporter

Published: April 1, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

EPA fines RI polymer company

August 29, 2014 1:20 pm ET

A Rhode Island polymer manufacturer has reached a $60,000 settlement with the U.S. Environmental Protection Agency (EPA) for violating federal clean...    More

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Image

Updating a travel icon for the professional millennial

August 29, 2014 11:44 am ET

As part of a drive to expand its customer base to include more millennials, Airstream Inc. turned to the Columbus College of Art & Design's...    More

Image

American Starlinger-Sahm begins work on new US headquarters

August 29, 2014 10:18 am ET

American Starlinger-Sahm Inc., which sells equipment for woven plastic bag production, PET recycling equipment, sheet extrusion and laminating lines...    More

Image

Chinese compounders seek market shares, often at the expense of margins

August 29, 2014 10:02 am ET

China's largest compounder, Kingfa Sci. & Tech. Co. Ltd., as well as its more automotive-focused counterparts Shanghai Pret Composites Co. Ltd. and Ch...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events