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Global custom engineered thermoplastics compounder RTP Company announced that it has acquired the conductive compound product line from Clariant of Switzerland, to strengthen its product offering of conductive compounds in Europe and globally.
The transaction includes technology and equipment that the RTP Company and Clariant will work to seamlessly transfer ensuring no interruption for established customers.
"Our acquisition of Clariant's conductive compound business further enhances RTP Company's global leadership position in the plastics compounding industry by expanding our existing conductive products portfolio and further increasing RTP Company's manufacturing capabilities in Europe," said Hugh Miller, President and CEO of RTP Company.
"These conductive products and technology are a great addition to RTP Company's already extensive family of conductive thermoplastic compounds that we will offer to our global customers," said RTP Company's Jean Sirois, Managing Director - Europe.
"RTP Company will relocate production equipment to our manufacturing facility in Ladenburg, Germany, which we opened in April 2011. This expansion enhances our Ladenburg facility's capability to supply European and global customers for these materials while providing the full service and support RTP Company is renowned for," said Sirois.
About RTP Company
RTP Company, headquartered in Winona, Minnesota, is a global compounder of custom engineered thermoplastics. The company has 11 manufacturing plants on three continents (including Beaune, France and Ladenburg, Germany in Europe), plus sales representatives throughout the Americas, Europe, and Asia. RTP Company's engineers develop customized thermoplastic compounds in over 60 different engineering resin systems for applications requiring color, conductive, elastomeric, flame retardant, high temperature, structural, and wear-resistant properties.
More information: www.rtpcompany.com