LAS VEGAS (March 27, 12:25 p.m. ET) — Thermoplastic materials and additives distributor Nexeo Solutions LLC of Houston has launched a health-care-focused group to serve the growing medical market.
Nexeo's initiative is called just that, the Healthcare Initiative. Officials touted Nexeo's experience with materials for diverse health-care segments during Innoplast Solutions Inc.'s Polymers & Plastics in Medical Applications conference, held Feb. 29 to March 2 in Las Vegas.
“There has been a total effort to put a focused team in place in this field,” said Sean Andersen, commercial business manager for health care, in a March 1 interview. Nexeo has been building the team since fall 2011.
“We've already brought in over 200 years of plastics industry experience to the team,” he said.
The team consists of 12 Nexeo employees positioned across the country, including application development engineers, corporate account managers, tech support and marketers.
“We are assisting OEMs and processors early on in the product life cycle to build on our core sales and relationships in health care,” Andersen said.
The medical industry is expected to see annual growth of 9 percent globally for the next five years. Nexeo's goal is to experience double-digit growth year over year. Health-care segments include cardiovascular and blood care, drug-delivery devices, fluid delivery, labware, medical lighting and lenses, medical packaging, medical trays, monitoring and imaging, nonwoven disposables, orthopedics and temporary implants, respiratory therapy, and surgical instruments.