Winona, Minnesota – Materials supplier RTP Co. has acquired the Zeotherm-brand thermoplastic vulcanizate (TPV) product line from Zeon Chemicals, the company announced 6 Aug.
The deal — completed in May — includes all products sold globally under the Zeotherm TPV name, officials with Winona-based RTP said in a news release.
The Zeotherm acquisition “is just the latest step in our rapidly expanding thermoplastic elastomer business,” TPE general manager Todd Gummersbach said.
The TPVs, he added, are suitable for applications that require high performance in potentially harsh environments, such as under-the-hood automotive parts.
The acquisition expands RTP’s product line, which already includes compounds based on SEBS, TPV, thermoplastic urethane and polyolefin elastomers.
Zeotherm TPVs offer continuous-use performance at 150° C, while withstanding long-term exposure to engine oils and lubricant greases, RTP said.
The TPV materials are also said to bond well to polyamide substrates in over-moulding applications.
RTP is a global compounder that operates 20 plants worldwide, making compounds based on more than 60 different engineering resin systems.
The company declined to provide further details of the acquisition from Zeon Chemicals.