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

Materials companies introduce a range of new products at Fakuma

October 22, 2014 11:29 am ET

DuPont Co. led a parade of materials firms with new products at Fakuma 2014.    More

Negri Bossi shows energy saving systems

October 22, 2014 11:21 am ET

Negri Bossi SpA showed two 210T injection molding machines at Fakuma in Friedrichshafen, Germany, with the SmartEnergy device for energy saving. Both ...    More

Priamus promises extended life for in-mold sensor

October 22, 2014 11:11 am ET

Priamus System Technologies AG has developed an in-mold sensor made of an extremely hard and chemically resistant material, extending the life of the ...    More

Erema in-house recycling event Oct. 29 in Austria

October 22, 2014 11:08 am ET

Erema Engineering Recycling Maschinen und Anlagen GmbH will hold an in-house recycling event, Discovery Day 2014, at its headquarters in Ansfelden,...    More

NGR system designed to recycle bulky or thick-walled plastic parts

October 22, 2014 11:04 am ET

NGR Next Generation Recyclingmaschinen GmbH demonstrated its A:GRAN-series systems to recycle bulky or thick-walled plastic parts at Fakuma in Friedr...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events