Nexeo Solutions and ExxonMobil Announce Expanded Santoprene TPV Distribution Agreement
December 19, 2017 at 7:00 AM EST
Nexeo Solutions expands distribution of Santoprene™ thermoplastic vulcanizates (TPVs) into North American Wire and Cable market
THE WOODLANDS, Texas, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ:NXEO), a leader in chemicals and plastics distribution, announced that effective January 1, 2018, it will expand its business relationship with ExxonMobil to distribute Santoprene TPVs into the North American Wire and Cable market.
Santoprene TPV materials are high-performance elastomers, which combine the characteristics of vulcanized rubber with the processing ease of thermoplastics. This offers manufacturing flexibility, ease of processing and durability in a wide range of end-use applications. Santoprene TPVs offer durable sealing solutions that are attractive for a variety of market segments, including automotive and household and consumer products.
“The addition of Santoprene TPV complements Nexeo’s portfolio of products sold into the Wire and Cable market and provides our customers an even broader range of flexible, high-quality materials from a leading producer of engineered thermoplastics,” said Shawn Williams, Senior Vice President of Plastics at Nexeo Solutions. “This agreement serves as an example of the strong relationship that we already share with ExxonMobil across a broad range of markets.”
Explore Nexeo Solutions line card at www.nexeosolutions.com/suppliers/plastics-exxonmobil/.
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.