Tessenderlo Group Inaugurates New CTS Plant in China
OREANDA-NEWS. April 19, 2012.Tessenderlo Group has officially inaugurated its new CTS production plant in Changsu, China. The new plant will produce high-performance, thermoplastic elastomers (TPEs) and slush molding compounds for automotive applications.
CTS occupies a leading position in the automotive market with compounds for airbag covers, glazing seals and dashboard skins. CTS Automotive Compounds (Changsu) Ltd. will produce the Marvyflo and Tefabloc brands that have been successfully marketed by CTS in China and Asia for more than 10 years.
At the inauguration ceremony, Albert Vasseur, Director Plastics Converting, stated: “We are proud to open this state of the art production facility, that will supply our Asian customers with the CTS quality standard they are counting on.”
This investment is in line with the strategy of Tessenderlo Group business unit Compounds, which now increases its presence in the growing automotive market in Asia, where all major global car producers (OEMs) and producers of automotive parts (TR1/TR2) are present.
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