NEWS Peak investment for Haartz


US-based Haartz Corpora- tion, a global producer of coated fabrics and specialist interior surfacing materials for the automotive industry, has acquired a minority stake in Peak Performance Compounding.


Established in 2019 at


Leominster in Massachus- sets, Peak targets the specialty medical and industrial toll and custom compounding markets.


Haartz said its investment is part of an ongoing strategy to diversify into new and growing business areas. “Haartz has long-looked to diversify our products and markets,” said Matthew Williams, Vice President of Global Automotive Exteriors and New Markets. “This partnership with Peak provides us access to the growth-positioned medical plastics marketplace.”


Peak currently runs four compounding lines — 22, 35, 52 and 75mm diameters — and has been ISO13485 accredited since 2020. Its current capacity is around 1,800 tonnes on single shift production, with a second production shift expected to start in Q4 of this year, according to Peak President Todd Marchant. “We are planning to


expand our manufacturing Maip takes on Eastman’s Tritan HM


Italian compounder Gruppo Maip has become an official European distributor for Eastman’s Tritan HM glass-filled copolyester and Trēva cellulosic engineering bioplastic. The move extends the


relationship between the two companies, which have been working together to formulate new sustainable polymers for automotive interior applications since last year. Tritan HM grades include


10%, 20% or 30% glass fibre-reinforced grades. Gruppo Maip President


Maip sees opportunities for Eastman’s polymers in automotive interior parts


footprint in 2022 by adding a dedicated white room space for our medical production, additional blending and storage space for all prod- ucts. Although we are in an unusual time, we are very optimistic about the future,” he said, adding he expected a further two compounding lines to be installed over the coming two years. � www.haartz.com � www.peak-pci.com


Perstorp renews DPHP


Eligio Martini said they “can maintain their modulus values in demanding automotive applications versus reinforced nylons and commodity polymers”.


Trēva, meanwhile, is said


to have “excellent flow and clarity” to compete with existing material options. � www.maipsrl.com � www.eastman.com


Nexeo acquires Nevicolor


Global plastics distributor Nexeo Plastics (an affiliate of GPD Companies) has expanded its European presence with the acquisi- tion of family-owned Italian distributor and compounder Nevicolor. Headquartered at


Luzzara, Nevicolor offers more than 3,000 grades of


8


high quality polymers, plus recycled materials, and targets applications in industrial, healthcare, automotive, advanced packaging, agriculture and electrical sectors. “This strategic acquisition


increases GPD’s scale and affords Nexeo Plastics access to Nevicolor’s highly


COMPOUNDING WORLD | June 2021


technical and analytical specialiation,” said Paul Tayler, Chief Executive Officer of GPD. “Nevicolor has built a reliable network of international suppliers, and we look forward to continuing to serve its customers.” � www.nexeoplastics.com � www.nevicolor.it


Sweden’s Perstorp has launched Emoltene 100 Pro, a DPHP plasticiser for PVC that is made using renewable biogas in place of natural gas. The com- pany said a 14% renew- able grade (based on mass balance) is available now and a 71% grade will be introduced shortly. According to Perstorp, Emoltene 100 Pro offers the same performance as the existing Emoltene 100 grade, which was launched in 2009, and “is ready to be dropped straight into existing flexible PVC formulations”. Renewable content of Emoltene 100 Pro is certified according to the ISCC Plus mass balance system, which covers both physical and chemical traceability of all compo- nents back to the point of origin. � www.perstorp.com


www.compoundingworld.com


IMAGE: EASTMAN


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