MOSCOW (MRC) -- A new technical collaboration and licensing agreement between two compounding companies, Formulated Polymers Limited (FPL) in Chennai, India and Polymer Technology & Services LLC (PTS) in Murfreesboro, TN, USA, will expand the availability of PTS compounds in Asia, particularly South East Asia, as per PTS press release.
The agreement was signed in April by FPL Joint Managing Director Sekar Venkateswaran and PTS President Tom Hooper. PTS compounds are already manufactured in China.
"With this collaboration, FPL will have the capability to offer processors supplying the electrical and electronics industry in India and across South-East Asia an expanded range of Underwriters Laboratory-approved flame retardant products," says Hooper. "This is an important step in our strategy at PTS to reach those processors around the world demanding high performance UL-compliant flame retardant compounds." PTS now has its own or licensed manufacturing operations in the USA, Europe, China, and India.
Founded in 1992, PTS specializes in the supply of innovative flame retardant compounds - all featuring UL Yellow Cards - based on polycarbonate (branded as TRISTAR), polybutylene terephthalate (PBT), PC-based blends, and ABS. These compounds are already used around the world, most frequently in electrical devices, by many key players in the field. Under the agreement with FPL, PTS will transfer its technology for over 40 UL certified products.
FPL was established in 1993, with a strong focus on development of application-specific engineering plastic compounds. Since then, it has developed over 400 compounds based on a wide range of polymers. These are branded as Formpoly. With these products, FPL is already supplying several important OEMs. "Collaboration with PTS makes a lot of sense for these OEMs, since they will now have a wider choice of materials from a single, local, source," says Hooper. "In fact, some of them even encouraged it."
Both FPL and PTS also have technical collaboration agreements with Eurostar Engineering Plastics in Fosses, France, under which they produce and distribute Eurostar’s range of STARFLAM flame retardant polyamides; this encompasses over 120 UL-certified products.
We also remind that, as MRC reported earlier, one of India's leading manufacturers of colour & additive masterbatches and compounds - Plastiblends India Limited, plans to expand its manufacturing capacity by setting up a production plant in Gujarat. In 2015, the company identified land near Palsana, Surat to setup new manufacturing unit. The expansion will be funded mainly through internal accruals. Plastiblends also acquired part of the land and started construction of manufacturing facility which will be commissioned in phased manner. Currently, Plastiblends, a part of Kolsite Group of Companies, has manufacturing facilities at Daman and Roorkee (Uttarakhand).