(tessenderlo)
-- Tessenderlo Group has officially inaugurated on April
16 its new CTS production plant in Changsu, China. The
new plant will produce high-performance, thermoplastic
elastomers (TPEs) and slush molding compounds for automotive applications.
CTS occupies a leading position in the automotive market with compounds
for airbag covers, glazing seals and dashboard skins. CTS Automotive
Compounds (Changsu) Ltd. will produce the Marvyflo and Tefabloc brands
that have been successfully marketed by CTS in China and Asia for more than 10
years.
At the inauguration ceremony, Albert Vasseur, Director
Plastics Converting, stated: “We are proud to open this state of the art
production facility, that will supply our Asian customers with the CTS quality
standard they are counting on.”
This investment is in line with the
strategy of Tessenderlo Group?s business unit Compounds, which now
increases its presence in the growing automotive market in Asia, where all
major global car producers (OEMs) and producers of automotive parts
(TR1/TR2) are present. |
 |
