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03-28-2008

Teknor Apex: Holding for Custom Compounding Units Established

Teknor Apex Company has established Teknor Apex UK Holdings Ltd. as a holding company for its custom compounding units in Europe. The initiative, effective April 1, 2008, is the latest step by Teknor Apex in an extensive program of international expansion and diversification.

The first of these units, Teknor Apex UK Ltd. has already been formed in Oldbury, Great Britain. Teknor Apex UK will begin small-lot manufacturing of thermoplastic elastomers (TPEs) during the first half of this year, with startup of a new compounding line at a Teknor Apex facility in Oldbury that is already used for engineering thermoplastics (ETPs). Also under way is a program to expand representation through a network of agents ultimately covering all of Europe.

Managing Director of Teknor Apex UK is Simon Hubbard who will oversee all Teknor Apex activities in Europe, including businesses involving vinyl, TPEs, ETPs, and other custom compounds.

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