Advanced Elastomer Systems, L.P.
Advanced Elastomer Systems, L.P. announced a restructuring of its Brazilian operations, Advanced Elastomer Systems do Brasil Ltda., that will enable the company to better serve the region's growing demand for engineered thermoplastic elastomers. The company has determined that it can most efficiently supply a broad range of TPEs from its worldwide manufacturing facilities in Pensacola, FL and Newport, South Wales, U.K. This supply strategy will be facilitated by the company's recent expansion of its Newport facility. The 30% expansion of worldwide capacity was designed to increase production and will continue to provide the company with optimum balance in sourcing all the world areas in which it operates. As part of the restructuring, the marketing technical services offered at the Brazil Commercial and Technical Center in Santo Andre will be broadened and intensified to meet South America's current and emerging TPE requirements. The company will also cease operations at its Sao Jose dos Campos manufacturing facility by year's end.
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|Title Annotation:||Acquisitions, Expansions|
|Article Type:||Brief Article|
|Date:||Sep 1, 1993|
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