Last week at Fakuma, thermoplastic elastomers compounding group Hexpol TPE announced plans for further investment in infrastructure, sub-systems, equipment and capacity expansion at their site in Lichtenfels Germany.
A new twin-screw production line will be installed, increasing capacity for the company’s TPS, TPO and TPU based compounds in response, in particular, to growing demand from the automotive, consumer and footwear markets. The new line is expected to come on-stream in early 2018 and will add around 5000 tonnes per annum capacity, putting the company’s global TPE capacity in excess of 80 000 tonnes per annum.
The investment is the third new line installed since 2013 and is part of an on-going commitment to deliver a highly responsive, quick and flexible service, Dr. Peter Ryzko, managing director at Hexpol TPE’s German operation, said at Fakuma.
“Alongside the capacity expansion in Germany we are also investing in our product safety, research and development resources, which are housed in a state-of-the-art technical centre at Lichtenfels.”
Noting that Hexpol TPE supports customers working in highly specialized and sensitive application areas, where the technical support, customised compounds and analytical data we provide is essential, he added that the company had seen ‘a growing need’ for in-depth knowledge of ‘regulatory and industry standards as well as global and national legislation’.
“This latest investment is part of Hexpol's continuing determination to be the easiest company to do business with, by delivering the complete package of material know-how, personal service, application expertise and global capabilities,” Ryzko finished.