EXXONMOBIL: Lifting “Santoprene output at Newport facility / Global TPV capacity to rise by 25%
ExxonMobil purports to be the leading global provider of engineered thermoplastic elastomers and says the investment will help strengthen its leadership position. Santoprene elastomers are used in a variety of applications, ranging from healthcare devices to automotive components. The material performs like vulcanised rubber and can be either extruded, moulded or thermoformed. It is characterised by resilience, flexibility and resistance to heat, fluids and chemicals, the company said.
In March this year the US group entered into an agreement with Biesterfeld Simko Distribuição (São Paulo / Brazil) for the distribution of Santoprene in Brazil (see Plasteurope.com of 14.03.2016).