EuroWire July 2016

News Corporate

Newmanaging director

Mr Kleef will have offices in Cheltenham, UK, and in Hengelo, the Netherlands. He will report directly to Ambrell’s president and CEO, Tony Mazzullo, who is located in the United States. Mr Kleef will be a member of the global executive team and will be a representative at the company’s Board of Directors quarterly meetings. Mr Mazzullo said: “We are honoured and excited to have Henk Kleef join our team. The breadth and depth of Henk’s business experience and leadership qualities will be of tremendous value to our customers.” “He will be actively involved with key end-user clients as well as distributor and OEM partnerships to help fuel Ambrell’s growth trajectory. Mr Kleef will also oversee Ambrell’s focus and commitment throughout Europe to deliver a superior customer experience.”

Ambrell Corporation has appointed Henk Kleef as the new managing director for its European operations. Mr Kleef will manage all aspects of Ambrell’s business in Europe including the United Kingdom, the European Union and Eastern Europe. He brings with him more than 25 years of business experience in the industrial, energy and aerospace markets. His background includes general management, sales, business development, engineering, manufacturing and operations. His most recent role was managing director of Weasler Engineering in Europe, owned by Actuant Holdings. Weasler is a manufacturer of mechanical power transmission products. Mr Kleef also has prior experience with other Actuant businesses including positions as global business development director and global sales director. In addition, he has held management positions with IHC Merwede (shipbuilding), ENECO (energy market) and Fokker (aircraft services).

Ambrell Corporation – USA Website : www.ambrell.com

Stronger European presence for Teknor Apex

Apex. “They will bring to our partnership a range of unique technologies and service capabilities.” Among proprietary special- ities of PTS is a hard/ soft technology for over-moulding TPEs onto polar ETP substrates, such as nylon and acetal, and producing a durable bond. Another speciality is radiation-crosslinked grades of ETPs and TPEs.

Teknor Apex has acquired Plastic-Technologie-Service (PTS), a Germany-based custom compounder of thermoplastic elastomers (TPEs) and engineering thermoplastics (ETPs). The deal, for an undisclosed amount, became final on 31 st March. at Steinsfeld, Germany, with more than 20,000 tons of installed capacity, as well as a technical support PTS operates a manufacturing plant

▲ ▲ Jonathan Fain, chairman and CEO of Teknor Apex

For the past year, PTS has manufactured TPE and ETP compounds for Teknor Apex under a tolling agreement. Now the PTS compounding facility at Steinsfeld becomes the second manufacturing site in Europe for Teknor Apex, which already compounds TPEs at a facility in Genk, Belgium. Teknor Apex also produces compounds at locations in the USA, Singapore, and China. “The acquisition of PTS is a natural fit in the strategic vision of Teknor Apex to support the market with a global footprint and local presence,” said Jonathan Fain, chairman and CEO. “It also brings together two companies that have shared the unique culture of being privately owned and intensively customer-centred.”

facility. A marketing office 10km away in Tauberzell includes facilities for training, seminars and discussion with customers of possible solutions for automotive, electrical, consumer product, and other applications. The company has more than 100 employees. The product portfolios of PTS are diverse. TPEs include block copolymers based on a number of polymer chemistries, TPVs, and polymer blends. ETPs include several types of polyamide plus PBT, polycarbonate (PC), and PC/ABS blends. “PTS is well known for innovation and is the European leader in developing ‘hard/ soft’ solutions that combine elastomers with rigid polymers,” said Suresh Swaminathan, senior vice president in charge of the global TPE business of Teknor

Teknor Apex Company – USA Website : www.teknorapex.com

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July 2016