TER Plastics Acquires Polish Compounder
Effective April 1st, 2014 the TER Plastics Polymer Group based in Herne, Germany, took over the majority of the Polish Polimarky Performance Polymers in Rogoznica. The new TER Plastics subsidiary was subsequently renamed into Terez Performance Polymers.
High-performance compounds on the basis of engineering thermoplastics are manufactured at the new location on state-of-the-art extrusion lines. The production facility in southeastern Poland has excellent traffic connections to the rest of Europe. It is equipped with Berstorff extrusion lines of the latest design with a capacity of 25,000 tons per year for all lot sizes. Furthermore, both a fully equipped development center and a color center are integrated into the recently completed large industrial building.
"With our own production subsidiary we can now expand our position as a development partner to our customers," Managing Director (COO) Dr. Wolf Koehler comments the friendly takeover. Moreover, Dr. Koehler sees the TER Plastics Polymer Group on the right track to achieve the selfset goal short term, namely to be amongst the Top Five in Europe. With its approx. 130 employees the company expects sales revenues of 150 million Euros in 2014. For the current year the acquisition and integration of the new compounding subsidiary is only a first step on the way to a very successful year 2014, says Koehler.
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