Aurora Plastics buys TPE supplier Elastocon
Headquartered in Springfield, Ill., Elastocon supplies thermoplastic elastomers, including grades for overmolding, injection molding, and high-performance specialty applications.
Custom plastic compounds and advanced polymers supplier Aurora Plastics is continuing its buying spree, acquiring compounder Elastocon TPE Technologies Inc. for an undisclosed amount.
In a statement, Streetsboro, Ohio-based Aurora said that the purchase will expand its product line of PVC compounds, PVC alloys, CPE alloys, low-smoke flame-retardant concentrates, purge compounds, and TPE compounds.
“Elastocon brings a broader offering of soft-touch and abrasion-resistant materials,” said Aurora Plastics CEO Darrell Hughes. “It also deepens our presence and offerings to our valued customers in the medical, packaging, consumer, industrial, automotive and non-automotive transportation markets.”
Headquartered in Springfield, Ill., Elastocon supplies TPEs, including grades for overmolding, injection molding, and high-performance specialty applications.
“Elastocon’s product line offers an alternative to other materials that might be higher cost and over-engineered,” said Elastocon president Dave Barkus. “We are proud of our odorless, phthalate and latex free materials and look forward to working alongside Aurora Plastics to allow us to strengthen our support network for our customers, including offering quicker shipment and enhanced lab and R&D facilities.”
This is the fourth acquisition for Aurora Plastics in two years. Other recent acquisitions include buying S&E Specialty Polymers of Lunenburg, Mass., and Reiner Plastics of Marieville, Que. “Our goal with each acquisition is the same: to continue to be the first choice in polymer solutions,” said Hughes.
Founded in 1997, Aurora Plastics has manufacturing facilities in North Carolina, Massachusetts and Texas; and also in Quebec.
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