The purchase has been completed by which Royal DSM N.V. has sold its Sarlink thermoplastic vulcanizate (TPV), business to Teknor Apex, which is making it part of its Thermoplastic Elastomer (TPE) Division. This acquisition increases Teknor Apex's global fooprint and manufacturing network.
As part of the TPE Division, Sarlink will continue to supply its branded products, ensuring service continuity to its customers. In addition, according to Teknor Apex VP Suresh Swaminathan, the acquisition expands the capability of Teknor Apex to serve as a single source for multiple compounds.
Swaminathan noted that this move brings together two long-term automotive suppliers. The TPE Division will continue to support automotive manufacturers through...