RTP Company buys carbon black compound supplier Polymer Partners
Thermoplastics supplier RTP Company has acquired Polymer Partners LLC, a manufacturer of black concentrates and specialty compounds.
“[Polymer Partners] will be an integral part of RTP Company in the production of custom thermoplastics, with a special focus on black masterbatches and carbon black compounds suitable for wire and cable, pipe, sheet extrusion, film, bags, packaging, compounding, recycling and other applications in the automotive, medical, cosmetic, industrial and electronic industries,” RTP Company said in a statement.
The terms of the deal have not been disclosed.
Polymer Partners is headquartered Henderson, Ky., a location that will strengthen RTP Company’s geographic presence and will provide additional production capacity. “The addition of the Henderson plant is yet another great step toward providing customers with the widest selection of compounding solutions,” said Hugh Miller, president and CEO of RTP, in the statement.
RTP Company is headquartered in Winona, Minn.