PolyOne Corporation, a $3.2 billion premier provider of specialized polymer materials, services and solutions, expects to begin production of thermoplastic elastomers (TPEs) this summer at its facility in Pune, India. Pune facility currently produces color and additive concentrates and engineered polymer solutions. Production of TPE will enable the company with a broader portfolio of domestically manufactured materials and support customers in the country even more quickly.
Craig Nikrant, president, Specialty Engineered Materials, PolyOne, said, “This investment at our facility in Pune answers customers’ desire for a domestic supplier able to offer expertise in color, engineered materials and thermoplastic elastomers. We are the only global company to offer all of these domestically produced materials in India. Customers benefit from shorter lead times due to domestic production, and also from our global network of polymer science expertise.”
Initially, PolyOne started a new facility in Pune in 2014, focusing on the production of colorant and additive concentrates. The company served the markets such as transportation, electronics & electrical, healthcare, wire & cable, and packaging. With the most recent addition of Thermoplastic Elastomer (TPE) production, PolyOne enables manufacturers to source all of their specialty polymer requirements from a single domestic source.
“We’re very excited to build upon our momentum in India with domestic production of TPEs,” commented, Vikas Vij, managing director, India, at PolyOne. “At the same time, we’re also increasing our technology and sales personnel to maximize the innovation, collaboration and service we provide to our valued customers.”
PolyOne Corporation’s customers include industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence. PolyOne is committed to its customers, employees, communities, and shareholders through ethical, sustainable and fiscally responsible principles.