The Compound Company, a developer and manufacturer of compounds, has acquired the production site, product portfolio and customer base for Exxelor™ polymer resins from ESSO Deutschland GmbH , ExxonMobil in Cologne, Germany. The acquisition will increase the global production capacity of The Compound Company to about 70 kilotonnes yearly and significantly expand the group’s reach into new markets.
Exxelor™ polymer resins are chemically modified polyolefin and elastomers based resins used to enhance the performance of engineering thermoplastics and other polymers. As impact modifiers they improve the toughness of compounds. As compatibilizers, coupling agents and adhesion promoters, they increase the bonding strength of non-polar polymers with polyolefins, fillers and reinforcements as well as metals, thermoset rubbers and most polar substrates, including glass.
With The Compound Company, Exxelor manufacturing operations have found a good home to strengthen the market focus of its product offering and progress from a niche to a core business. The resins fit very well within The Compound Company’s existing range of functionalized and grafted polyolefin-based solutions. The production site and the brand will be maintained.