Tessenderlo: New plant for Automotive Speciality Compounds in China
Tessenderlo Group, Brussels, Belgium, has signed, through its French subsidiary CTS, an agreement with the Chinese authorities to start up a new production plant. This plant will produce thermoplastic elastomers (TPEs) and PVC slush compounds for its customers in the automotive industry.
Production is scheduled to start in autumn 2011, with employment growing progressively to approximately 70 people. The new plant will be located in Changsu (Jiangsu province), about 90km from Shanghai.
CTS Automotive Compounds (Changsu) Ltd. will produce for the Asian market with 3 production lines. The products that will be manufactured are CTS Tefabloc compounds (TPEs) for airbag covers, sealing applications, cables and interior parts, as well as the Marvyflo compounds (PVC slush molding) for dashboards and door panels.
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