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2006-10-14 News Release
Thermoplastics compounding clean technology investment VTC Elastoteknik, Sweden, invests in a new production line for compounding of thermoplastics which will be dedicated to clean technology.
The VTC TPE Group, British Vita’s Thermoplastic Elastomer (TPE)
Compounding Group, have invested £2.6 million (3.7 million euro)
in clean technology at VTC Elastoteknik, the Group’s Swedish production
facility. The investment includes a fourth production line, which will
come on stream in September 2006 and will increase production by 4,000
tonnes per annum bringing the capacity of the Group to more than 35,000
tonnes.
VTC Elastoteknik specialises in the conception, formulation and production
of clean, clear TPS compounds for medical, food and associated applications.
The new line will be dedicated to the production of clean compounds including
the VTC TPE Group’s Mediprene* range of TPE materials. Based on
medically approved raw materials and with representative grades that have
passed USP Class VI as well as cytotoxicity tests according to USP <87>/ISO
10993-5, the development of its Mediprene TPE compound family has given
the Group a strong presence in the European medical device market. Mediprene
TPE grades not only meet customer demands for being PVC-free, but are
also completely synthetic and thus latex free, avoiding potential allergy
risks. Furthermore all Mediprene TPE compounds can be sterilized by established
techniques in the medical industry.
The new line is a Berstorff Speaking about the investment Howard Harris, CEO of British Vita, said “I was delighted to launch the new line at VTC Elastoteknik, this is a significant investment for the British Vita Group as it is the first substantial expenditure sanctioned following the change of ownership in 2005.” Mr. Per G. Hellberg, Managing Director of the VTC TPE Group, said: “The investment confirms British Vita’s commitment to this important product area. We look forward to expanding the range of compounds on offer by the VTC TPE Group as our technical teams work with customers to capitalize on the significant design and processing opportunities offered by TPEs.” In April 2005 British Vita’s TPE Group acquired the thermoplastic
elastomer business of Valerio Franceschetti Elastomeri. Today the VTC
TPE Group comprises of three sites, Vita Thermoplastic Polymers, Manchester,
UK, VTC Elastoteknik, Åmål, Sweden and VTC Franceschetti Elastomeri,
Nigoline, Italy. Find more information about VTC
Elastoteknik.
Click here to view more news headlines.
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