NEWS | NPE REVIEW
Tosaf reveals $100m US expansion plans
Israel-headquartered Tosaf revealed plans to invest around $100m over the next five years as part of its strategy to become a leader in the US plastics com- pounding and colour masterbatch market. COO and Senior Vice
President Giuseppe Giusto said the company, which generated global sales of around €400m last year, has already invested around $25m in establishing a presence in the US. It acquired Arlington, Texas, based Adtec Colorant in 2015 and established a production facility under the Tosaf name at Bessemer in North Carolina two years ago. That is now in full operation and able to supply any of the company’s stock products.
Giusto said these invest- ments mark a first step; he sees far more opportunity. “The [US] masterbatch market was a little stagnant,” he said. “Look at the level of
Tosaf COO Giuseppe Giusto: wants to be a leader in US
investment in the past 10 years – no one has invested in factories or new technolo- gies. The market was a little protected.” Giusto said Tosaf plans to focus most of its attention on the colour masterbatch market, where it wants to be able to offer the same level of service to US customers that it does elsewhere in the world. “We are able to offer colour matches in 72 hours and ship in four days in Europe; we want to do this in the US,” he said. Colour is a localised
activity, according to Giusto, which means supply lines of no more than 1,000km and ideally less – the Adtec site offers a rapid service up to 500km. “We need a net- work. To be a [colour masterbatch] leader in the US, and we want to be, we need to multiply our initial investment by four.” Giusto has set a timeframe
of three to five years for an investment programme built on acquisition and installa- tion of new compounding lines. “Our targets are small to medium sized colour companies. We will need at least one more hub like Bessemer, probably three.” All will be in the US, he
said, although the company also has South America in view for the longer term. Tosaf currently has produc- tion capacity in Israel, Europe (under the Tosaf, Colloids and Color Service brands) and China (Col- loids), as well as the US. �
www.tosaf.com
Ascend targets PA66 at EVs
Vikram Gopal, Vice President of Technology at Ascend
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Polyamide 66 specialist Ascend Performance Materials showed the latest additions to its range of flame retarded materials for electrical and electronic applications, including the new generation of EV (electric vehicle) powertrains. “In EVs, if you look at higher voltage batteries you have higher amps and higher temperatures. That
COMPOUNDING WORLD | June 2018
drives demand for products that will not lose perfor- mance,” said Vikram Gopal, Vice President of Technology at the company. Vydyne FR350J is a high performance halogenated PA66 developed for use in unattended electrical appliance connectors that achieves the highest glow wire ignition rating with zero
Connectors for EVs will require electrical and flame retardant performance
flame and a glow wire end temperature of 775°C. Vydyne ECO366H is a non-halogenated PA66 developed for connectors and terminal blocks offering an RTI of 150°C. �
www.ascendmaterials.com
www.compoundingworld.com
CPM
Extrusion plugs gap
CPM Extrusion Group displayed its CXE 45 sHO extruder, a new 45mm screw diameter addition to the company’s product line designed to fill the gap between its current 26 and 50mm models. The company said the new machine supports its High Performance Ele- ments – segment and barrier screws designed for gentle incorporation of glass fibres, thermosensi- tive flame retardants and additives – and T-Profile Technology elements for improved mixing and degassing efficiency. It also includes a heating and cooling system for im- proved process tempera- ture control. The 45 sHO also benefits from CPM’s smart monitoring technology. Vibration and temperature sensors can be applied to monitor motor, safety clutch, and gearbox. �
www.cpmextrusiongroup.com
PHOTO: ASCEND PERFORMANCE MATERIALS
PHOTO: AMI
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