Source: CPRJ China Plastic & Rubber | Author: pleased | Release date :2014-02-19

Teknor Apex Company on January 31 completed the Viking Polymers, LLC acquisition. Viking Polymers, LLC is a manufacturer of custom compounds, has a diverse portfolio of special formula, used throughout the construction of rigid PVC and related materials.

Acquisition agreement was signed by John Ammondson Viking Polymers owner and president. Viking Polymers is headquartered in Jamestown, North Carolina, compound nominal annual capacity of 50 million pounds (23,000 tons). The acquired business will be integrated into Teknor Apex Vinyl Products Division, continued in Jamestown, North Carolina operations, all employees will be retained.

Vinyl Products Division and head of Louis R. Cappucci, vice president of Teknor Apex, said: "In the past, most of the business Teknor Apex Vinyl Products Division to flexible compounds based, and the more rigid PVC plays in our ongoing development process increasingly important role through the acquisition of Viking Polymers, we have significantly enhanced the capacity of rigid PVC, a natural extension of the product portfolio to the fast-growing construction markets covering material weatherability, and other special areas of compounds CPVC compounds. "

CPVC (chlorinated polyvinyl chloride) main applications include hot and cold drinking water systems and industrial pipes. PVC, ASA, acrylates and alloys can be tailored to include house siding, windows, decks, railings, fences, including rainwater systems and applications.

Mr. Ammondson said: "Viking Polymers has developed a dark wood weather-resistant compound to withstand prolonged outdoor exposure test, with the outdoor living trend prevails, these beautifully crafted and maintained a low-cost alternative compounds are widely used in a variety of wood products Among standard building. "

He added: "Viking Polymers Teknor Apex team to join the team in order to develop their potential and feel very excited Teknor Apex extensive sales team will reveal a variety of proprietary technologies we develop new business opportunities, its global coverage of the business will Viking. Polymers currently only available in North America use a range of products to the international market. "