On October 16, 2018, PolyOne announced today that it has opened a new, state-of-the-art thermoplastic elastomer (TPE) production line at its plant in Pune, India. In addition, the company has opened a new technology center that will Provide advanced laboratories for existing and new R&D activities.
This highly automated, dedicated TPE line is the first of its kind in India to produce GLSTM TPEs to maintain the highest level of material quality. The opening of the line also extends the global footprint of PolyOne's formulation.
Compared to imports, local material supply not only shortens delivery time, but also enhances the collaborative ability of custom formulations. The new TPE production line and technology center are equipped with highly skilled professionals.
Holger Kronimus, vice president of PolyOne Europe, said: 'India is an emerging market and one of the fastest growing economies in the world. We serve local companies and multinational manufacturers that produce in India and are committed to meeting their needs, most recently. The expansion project demonstrates our commitment.'
PolyOne built a new plant in Pune in 2014, initially producing colorants and additive concentrates for the end markets such as transportation, electronics, healthcare, wire and cable and packaging. The company implemented capacity expansion last year and started Production of special engineering materials. With the opening of the TPE production line, PolyOne enables manufacturers to obtain all the special polymers needed from India alone.
Vikas Vij, Managing Director of PolyOne India, said: 'We are now able to better serve our valued customers in India by producing TPE in India. In addition, our growing technology and sales staff will maximize our Innovation, collaboration and service are available to our customers. '
Today, PolyOne will host a presentation for its customers, followed by PolyOne's grand opening of the new TPE production line and technology center at the Pune factory.