"Nexeo Plastics draws on many years of experience of distributing TPE products, with an in-depth knowledge of markets and applications. Our two companies are well aligned as they also use a customer-centric process to provide value," said Mike Anderson, director of sales and marketing for the TPE division in the Americas. "Their extensive group of sellers in North America significantly expands our reach in target markets."
Nexeo Plastics is a global thermoplastic resins distributor. It services the automotive, building and construction, industrial, packaging, medical, electrical, and consumer products markets, which are "well supported with the Teknor Apex TPE portfolio of products," Teknor Apex said.
"After a decade-long partnership with Teknor Apex delivering Medalist TPEs to the medical industry, we are proud to have been selected to distribute Teknor Apex's entire line of TPEs in North America," Nexeo Plastics CEO Paul Tayler said. "This agreement will provide our customers with Teknor Apex's high-quality line of TPEs, well-suited for a number of end markets, including the continually evolving automotive market."