PolyChem Alloy Inc. is investing about $3 million to expand capacity and relocate to a bigger plant. The firm is buying a Werner & Pfleiderer twin-screw compounding line to install in a new, 30,000-square-foot operation in Lenoir, N.C., about 10 miles away from its current location in Granite Falls, N.C. It also is building a 5,000-square-foot office adjacent to the new compounding plant.
Jeffrey Vance, PolyChem's director of sales and marketing, said the expansion is spurred by increasing demand for customized thermoplastics and specialized toll compounding. The firm works with a range of polyolefins and engineering resins, including nylons and polyesters, he said in a telephone interview.
PolyChem makes various concentrates containing flame retardants, anti-microbial chemicals, anti-static nucleating agents, blowing agents and other additives, mainly for injection molding and extrusion. Vance would not comment on capacity at the firm's Granite Falls facility or what it will grow to at Lenoir.
The company recently formed an alliance with Intersept Specialty Products to make and market concentrates containing Intersept Specialty's proprietary anti-microbial called Intersept.
Intersept Specialty is owned by Interface Inc., an Atlanta producer of commercial interior textiles.
Intersept Specialty reported that the Environmental Protection Agency has approved Intersept polymer concentrates. Vance said his firm will help develop plastics markets for the concentrates among companies with products requiring inhibition of bacteria, molds and mildew.
PolyChem is owned by Chakra Gupta, who founded the company in 1989. Vance did not disclose annual sales of the compounder.