Covestro and Teknor Apex announce a cooperation agreement on compounding TPU
Updated: May 22, 2020
Materials manufacturer Covestro and global plastics compounder Teknor Apex intend to cooperate closely on compounding thermoplastic polyurethane (TPU) and have signed a cooperation agreement to this effect. TPU is an extremely versatile plastic, which Covestro has been producing in pure form for many years for use in various industry sectors. Through compounding, i.e. mixing with other materials, the array of achievable properties can be increased considerably further. This is a particular strength of Teknor Apex.
“We are happy to team-up with such a competent and complementary partner for processing TPU on a global scale,” says Dr. Thorsten Dreier, the new global head of the TPU business at Covestro. “Together with Teknor Apex, we want to develop customized products to grow together with our existing and new customers.” Covestro supports the marketing of the jointly developed products by Teknor Apex with its Desmoflex® brand.