CHICAGO (June 28, 1:30 p.m. EDT) — Citing an increasing demand for low-modulus thermoplastic elastomers in a multitude of markets, NPE exhibitor Teknor Apex Co. announced June 19 that it has started construction on a new TPE compounding facility at its Henderson, Ky., manufacturing complex.
The 44,000-square-foot facility will start with two twin-screw compounding lines, and is scheduled to start in the third quarter of 2001. It will manufacture Tekron, Telcar, Tekbond, Monprene and Elexar TPE compounds.
The company cited increasing demand in automotive, medical, wire and cable, consumer products and other major markets.
"Our decision to commission a brand-new plant to produce low-modulus TPE products stems from strong growth in new applications like overmolded grips and integral gaskets, as well as steady replacement of thermoset rubber compounds in conventional end uses," Jonathan Fain, president of Teknor Apex, said in a news release.
The plant is being built near an existing Teknor color concentrate plant.
"What´s behind all this is the growing business of thermoplastic elastomers in Kentucky," said Bertram M. Lederer, senior vice president, in a telephone interview.
"There are a lot of automotive and packaging companies (in the region). We can build and contribute to key markets. It is well-located."
The privately held firm headquartered in Pawtucket, R.I., has compounding facilities in Pawtucket; St. Albans, Vt.; Hebronville, Mass.; Brownsville, Tenn.; City of Industry, Calif.; and Fountain Inn, S.C.
Teknor Color Co., an affiliate company, makes color concentrates and maintains eight U.S. plants.