Compounder RTP opens sheet extrusion plant

By Frank Esposito
Senior Staff Reporter

Published: June 5, 2013 1:59 pm ET
Updated: June 5, 2013 2:01 pm ET

Related to this story

Topics Materials, Film & Sheet, Thermoforming, Extrusion, Materials Suppliers
Companies & Associations RTP Co.

Materials maker RTP Co. has entered the sheet market by opening a production facility in its hometown of Winona, Minn.

RTP, one of North America’s 30 largest compounders, earlier this year began commercial production of sheet based on polypropylene, ABS, acrylic, PEEK, glycol-modified PET and polycarbonate. Sheet properties range from anti-stat, flame-retardant and light diffusion to a variety of reinforced grades.

Sheet production is taking place on three extrusion lines in a separate building already owned by RTP, spokesman Joe Arras said in a June 5 phone interview. Sheet made at the site is based on compounds made by RTP, he added.

RTP does not sell many of its compounds to sheet producers, so there’s not much chance of the firm competing with its own customers, Arras said.

“We had been playing around with [sheet production] for a few years, and wanted to take a fresh look at the market,” he added.

It’s the third time in seven years that RTP has made a move into downstream production of plastic products. In 2006, the firm bought film extruder Wiman Corp. of Sauk Rapid, Minn.

RTP added to that business in 2009, when it bought a film plant in Dupo, Ill., from Omnova Solutions Inc.

“We’re trying to pattern the sheet business after the Wiman [film] business, in operating it as a separate entity,” Arras said.

Sheet made at the new RTP site can be used in transportation, medical, electronics and similar markets, he added. It also can be thermoformed or compression-molded. Thicknesses for the new sheet range from 0.02 inches to 0.25 inches, while widths range from eight inches to 56 inches and lengths range up to eight feet.

North American compounding leader PolyOne Corp. also made a major move into sheet production last year when it spent almost $400 million to buy Spartech Corp., a leading maker of sheet that also had a sizable compounding business. RTP’s Arras said that sheet now being made at RTP isn’t similar to most of Spartech’s sheet output.

The expansion into sheet continues a hectic 15-month period for RTP that’s included:

  •  Buying a line of conductive compounds from Clariant International Ltd.
  •  Opening a technology center in Shenzhen, China
  •  Doubling the size of its compounding plant in Ladenburg, Germany
  •  Licensing nylon-bondable Santoprene-brand thermoplastic vulcanizates from ExxonMobil Chemical Co.

 


Comments

Compounder RTP opens sheet extrusion plant

By Frank Esposito
Senior Staff Reporter

Published: June 5, 2013 1:59 pm ET
Updated: June 5, 2013 2:01 pm ET

Post Your Comments


Back to story


More stories

Image

Experts explain why resin sales are down in a healthy US economy

February 27, 2015 1:58 pm ET

The economies of the U.S. and Canada posted solid growth in 2014 — even though resin demand in those countries lagged behind.    More

Image

Industry vet Dwight Morgan joins M. Holland

February 27, 2015 1:55 pm ET

Resin distribution leader M. Holland Co. has hired industry veteran Dwight Morgan as its vice president of corporate development.    More

Image

Indian masterbatch makers growing locally and thinking globally

February 27, 2015 1:30 pm ET

GANDHINAGAR, INDIA — India’s masterbatch makers are expanding their domestic capacity to meet growing demand, as some are also moving...    More

Image

Born to be plastic — a DIY Harley-Davidson

February 27, 2015 11:12 am ET

Owning a real Harley-Davidson was not enough for bike nut Peter Manning; he wanted a model of his favorite motorcycle too.    More

Image

German molder picks North Carolina for US manufacturing plant

February 26, 2015 4:21 pm ET

UPDATED — German medical goods company Raumedic AG has chosen Mills River, N.C., for its first U.S. manufacturing site and U.S. headquarters.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

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 billion 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

Upcoming Plastics News Events

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

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

More Events