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 Extrusion Film & Sheet Thermoforming 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

Commerce Department agrees to investigate PET dumping complaint

April 1, 2015 1:42 pm ET

UPDATED — A flood of alleged low-priced PET resin imports has led three U.S. PET makers to seek anti-dumping duties.    More

Image

Fire at Texas plant could impact polypropylene market

April 1, 2015 11:21 am ET

UPDATED — No injuries were reported in a March 30 fire at an ExxonMobil Chemical propylene unit in Beaumont, Texas — but the incident...    More

Image

Solegear raising funds as it debuts on TSX Venture stock exchange

April 1, 2015 11:08 am ET

A fledgling bioplastics company has raised capital for growth and obtained a listing on the TSX Venture stock exchange.    More

Image

Lanxess merges PU additives into Rhein Chemie division

April 1, 2015 9:17 am ET

German resin company Lanxess AG has combined the activities of the former Rhein Chemie and its Lanxess functional additives business into a new Rhein ...    More

Image

North American Pipe unit lab to focus on 'modern, innovative' formulations

March 31, 2015 3:25 pm ET

North American Specialty Products LLC — a unit of North American Pipe Corp. — has opened a new material science lab in Leola, Pa.    More

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

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