RTP buys US black masterbatch supplier
US-based compounder RTP Company has acquired Polymer Partners, a manufacturer of black concentrates and speciality compounds located in Henderson, Kentucky. The organisation will be an integral part of RTP in the production of custom thermoplastics, with a special focus on black masterbatches and carbon black compounds suitable for wire and cable, pipe, sheet extrusion, film, bags, packaging, compounding, recycling and other applications in the automotive, medical, cosmetic, industrial and electronic industries.
With more than 20 years of experience, the Henderson facility will strengthen RTP’s geographic presence and will provide additional production capacity. “The addition of the Henderson, Kentucky plant is yet another great step toward providing customers with the widest selection of compounding solutions,” said Hugh Miller, President/CEO of RTP. “We look forward to being able to service the existing customers and the opportunity to provide them with an even broader array of products and services on a worldwide basis from RTP Company.”
Although terms of the agreement were not disclosed, Polymer Partner employees were informed of the purchase. “We are excited to have such a talented and highly capable team in Henderson, Kentucky,” said Miller. “We look forward to providing our customers with great service and innovative solutions to their thermoplastic needs.”
(PRA)
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