CPS team members will be working from their home office consistent with our concern for our employees and the spread of COVID-19. We have established the processes to ensure that we can continue to provide you with the Outrageous Service you have been accustomed to receiving with each order. As a result, email may be the most efficient method of contacting your CPS contact. Any calls to our office line will result in a voicemail but we commit to respond to all voice mails within 2 hours. We hope that you and your families remain healthy during this time.
North American resin distributors have overcome many obstacles to keep their customers supplied with material during the global COVID-19 pandemic — and their work isn’t over.
“We almost have a moral obligation to provide key raw materials to our customers at a time like this,” said Vishal Goradia, senior vice president at Vinmar International of Houston. “Early on, we saw the global effect of rolling shutdowns. It was affecting a different region every month, but we kept our focus on being reliable to our customers and suppliers.”
Plastics News recently spoke with several resin distribution executives to see how they were navigating the uncharted waters of 2020. Here’s what they had to say:
With an Eye on Growth, Techmer PM Partners with SK Capital
New strategic investment from SK Capital to help Techmer better serve its customers globally
CLINTON, TENN., July 21, 2020 –– Techmer PM, LLC, a leading designer and producer of engineered compounds and color and additive concentrates for the plastics and fiber industries, announced today its strategic partnership with an affiliate of New York-based private investment firm SK Capital Partners.
SK Capital, which manages a growing portfolio of companies focused on the specialty materials, chemicals, and pharmaceuticals sectors, is acquiring a majority interest in the Clinton, Tenn.-based firm and will recapitalize Techmer in partnership with its chairman and CEO, John Manuck, who will continue to retain a significant ownership stake in the company. Terms of the deal were not announced.
Privately held since being founded by Manuck in 1981, Techmer PM is a leading developer and manufacturer of custom color and additive masterbatch solutions and specializes in modifying the appearance and properties of base polymers. It serves customers across a diverse set of global markets, including agriculture, automotive, aerospace, building and construction, consumer products, medical, material handling, nonwovens, rigid packaging, and textile markets, as well as many OEMs.
Resin distributor Chase Plastic Services Inc. has completed a major expansion of its distribution center in South Bend, Ind.
Clarkston, Mich.-based Chase broke ground last year on the $4 million addition. The expansion increases warehouse capacity at the site by more than 60 percent, adding 80,000 square feet for additional storage of more than 9 million pounds of material.
With the addition, the center now covers 205,000 square feet. In a June 15 news release, officials said that the updated facility improves processing throughput and includes five additional loading docks. The expansion also adds a new blender, equipment upgrades and expanded repacking capacity to enhance value-added services such as custom blending, material repackaging, and bulk-out capability.
Chase Plastics increases capacity at South Bend warehouse by 60%
Chase Plastics announced today the completion of a major expansion to its South Bend Central Distribution Center, originally built in 2016. The $4 million addition, which broke ground last year, increases the warehouse capacity by more than 60% with an added 80,000 square feet to accommodate additional storage for more than 9 million pounds of material, giving a total capacity of 206,000 square feet. The updated facility improves processing throughput and efficiencies and includes five additional loading docks as well as a new blender, equipment upgrades, and expanded repacking capacity to enhance value-added services such as custom blending, material repackaging, and bulk-out capability. The strategic location of the warehouse allows for the latest cut-off times in the industry, which provides customers more flexibility.
The facility, located at 5245 Dylan Drive, currently employs 12 people. Due to the Company’s product line growth and warehouse expansion, it’s anticipated that another 10-12 positions will be added. “When we built this facility in 2016, we planned for potential expansion,” said Mike Hall, Supply Chain Manager. “Due to the growth of the business and performance of our team, we’re excited to add this additional space earlier than we had originally planned. We value the partnership, commitment, and support offered by the City of South Bend to help make this possible. It will give us an increased ability to provide outrageous service to all of our customers as we grow along with them, always striving to exceed their expectations with each order.”
Chase Plastic Services now is distributing high-performance compounds for Lanxess Corp. in the U.S. and Canada.
The agreement between Clarkston, Mich.-based Chase Plastics and Lanxess of Pittsburgh includes compounds based on Durethan-brand nylon 6 and Pocan-brand polybutylene terephthalate made by Lanxess.
Chase officials said in a news release that the relationship “adds high-quality, competitively priced and globally recognized” Durethan and Pocan to the firm’s lineup of “exceptional engineering thermoplastics.”
Chase Plastics partners with leading global Polyamide (PA6) and PBT producer, LANXESS Corporation, to distribute Durethan® PA6 and Pocan® PBT
As part of our commitment to foster growth and provide outrageous customer service to processors in the USA and Canada, Chase Plastics announced today the formation of a new supplier partnership with leading specialty chemicals company LANXESS Corporation from Pittsburgh, PA. The relationship, which takes effect immediately, adds high-quality, competitively priced, and globally recognized Durethan® PA6 (Polyamide 6) and Pocan® PBT (Polybutylene Terephthalate) to Chase Plastics’ lineup of exceptional engineering thermoplastics. It also bolsters Chase Plastics’ mission to “partner with customers and suppliers who care to make a difference.”
By partnering with LANXESS, a global top 5 engineering resin manufacturer who is vertically integrated for cost competitiveness with leading technology and a performance culture, Chase Plastics will bring additional solutions to their valued customer base. “We are excited about our partnership with LANXESS. The LANXESS brand of products is widely known to be high quality, solutions-based, with a vast number of specifications and approvals,” said Chase Plastics’ Vice President of Operations, Adam Paulson. “What excites us equally, however, is the commitment to servicing the processor and OEM alike. The alignment of our core values and commitment to unparalleled service is in sync with LANXESS’ values.”
Materials firms work to fortify supply chains despite coronavirus
Materials firms throughout the plastics markets are reacting to the coronavirus outbreak.
In the last week, North American firms have shifted their attention from how shutdowns in China might affect their businesses to dealing with potential economic impacts within their own region.
Most plants making resins, compounds and concentrates in North America are expected to remain open. Although many of these plants are large in size, their employee totals aren’t very high by comparison.
President Trump recently declared a state of emergency and public health emergency amid the growing number of COVID-19 coronavirus outbreaks in the region. As a precaution to keep our employees and their families as safe as possible, effective Monday March 16, 2020, Chase Plastics has implemented a plan to allow our team to work remotely for the next 2 weeks, at minimum. This decision was made to ensure the health and safety of our team, as well as to do our part as a private business to help thwart the advance of this virus.
Chase Plastics’ Business Continuity Team has been planning for this situation, or an unexpected event, for decades. We are prepared. Our employees are set up technologically to continue to deliver the Outrageous Customer Service that you have come to expect from Chase Plastics.
Chase Plastics has been in constant contact with our supply base to ensure that there has not been a disruption in supply of the thermoplastic resin that we distribute. To date, we have confirmed that none of our products are currently directly affected by the coronavirus outbreak in any of the affected countries.
We have recently experienced some extensions, up to two weeks, on lead-times from our suppliers with manufacturing locations in Asia Pacific and Europe due to logistical limitations. As a stocking distributor, Chase Plastics is making the necessary internal adjustments to our stocking levels, plus proactively notifying customers individually on any lead-time extensions.
Additionally, we are working extremely close with our warehousing and logistical networks to ensure that our customers deliveries arrive on time, as expected. To date, we have not experienced disruptions; however, we will continue to manage with our supply chain partners.
We continue to monitor the latest and most accurate information on this virus through the Centers of Disease Control (CDC). We will remain in constant communication with our supply base and will proactively notify our valued customers of any potential or expected disruption in supply or extended lead-times.
If you have any questions or concerns, please do not hesitate to contact your Chase Plastics’ Account Manager or Service Specialist.
Thank you in advance,
Vice President of Operations
Posted by group55
Chase Plastics named #3 on Plastics News Best Places to Work list for 2020
Twenty companies have made Plastics News’ seventh annual Best Places to Work list. The winner will be announced at PN’s Executive Forum, held Feb. 24-26 in Naples, Fla.
Some companies have their own “currency” that can be traded in for cash or gift cards. Others give team members free trips. Several have potlucks, wellness programs and appreciation awards for years of service. No two are the same, but they all have satisfied employees.
In the Best Places to Work employee benchmark report, of companies that made the top 20 list, 96 percent of employees indicated they enjoy the work they do and 94 percent feel “very satisfied” with their employer. Additionally, 95 percent felt safety is a top priority at their organization.
Chase Plastic Services Inc. has made the holidays a little brighter with its fourth annual Giving Card campaign.
This year’s campaign wrapped up on Dec. 20, with Chase — a resin distributor based in Clarkston, Mich. — donating a total of $7,500 to three charities that had been nominated by the firm’s customers.
In previous years, the company donated $1,000 to three charities, but officials said in a news release that because of the overwhelming response and the compelling stories of giving, three deserving charities were selected to receive donations of $2,500 each this year.