PolyOne to start TPE production in India
PolyOne announced it expects to begin TPE production this summer at its existing facility in Pune, India. The company currently produces there colour and additive concentrates and engineered polymer solutions.
"This investment at our facility in Pune answers customers' desire for a domestic supplier able to offer expertise in color, engineered materials and thermoplastic elastomers," said Craig Nikrant, president, Specialty Engineered Materials, PolyOne. "We are the only global company to offer all of these domestically produced materials in India. Customers benefit from shorter lead times due to domestic production, and also from our global network of polymer science expertise."
PolyOne opened the Pune facility in 2014, initially focused on the production of colourant and additive concentrates to serve end markets such as transportation, electronics & electrical, healthcare, wire & cable, and packaging. The company expanded manufacturing capability to include specialty engineered materials last year. With the most recent addition of TPE production, PolyOne enables manufacturers to source all of their specialty polymer requirements from a single domestic source.
"We're very excited to build upon our momentum in India with domestic production of TPEs," said Vikas Vij, managing director, India, at PolyOne. "At the same time, we're also increasing our technology and sales personnel to maximize the innovation, collaboration and service we provide to our valued customers."