Tessenderlo Opens Plant for Automotive Compounds in China

Tessenderlo Group (Brussels) says its CTS business has opened a new production plant at Changsu, China, that will produce thermoplastic elastomers and slush molding compounds for automotive applications. CTS Automotive Compounds Changsu Ltd. will produce the Marvyflo and Tefabloc brands that have been marketed by CTS in China and Asia for over 10 years. This investment is in line with the strategy of Tessenderlo’s compounds business, which now increases its presence in the growing automotive market in Asia, where all major global car producers and producers...

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