Hexpol TPE to expand in Germany
At Fakuma 2017, Hexpol TPE announced plans for further investment and capacity expansion at its site in Lichtenfels, Germany. The investment includes the installation of a new twin-screw production line as well as investment in infrastructure, sub-systems and equipment to support further expansion of the business.
The new line is expected to come on-stream in early 2018 and will add around 5,000 t/y capacity, increasing Hexpol TPE’s global TPE capacity in excess of 80,000 t/y, the company said. According to Hexpol TPE, the new line in Germany will increase capacity for its TPS, TPO and TPU based thermoplastic elastomer compounds, in particular growing demand from the automotive, consumer and footwear markets.
Dr. Peter Ryzko, managing director at Hexpol TPE’s German operation said: “This investment is the third new line we have installed since 2013 and is part of our on-going commitment to deliver a highly responsive, quick and flexible service. 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. We work in some highly specialized and sensitive application areas, where the technical support, customised compounds and analytical data we provide is essential. We’re also seeing a growing need for in-depth knowledge of regulatory and industry standards as well as global and national legislation.”
Hexpol TPE at Fakuma 2017
Hall B1, stand 1217