M. Holland Announces Elastron as Exclusive TPE Partner

NORTHBROOK, Ill.–(BUSINESS WIRE)–#MHolland—M.
Holland Company, a leading distributor of thermoplastic
resins, is partnering with global thermoplastic elastomers (TPE)
producer Elastron to provide an alternative source of thermoplastic
vulcanizates (TPVs) and other compounded TPEs to the domestic wire and
cable market, the companies announced today.

Elastron entered a distribution agreement with M. Holland in 2017. The
two companies have been qualifying Elastron materials in advance of
Elastron’s new compounding facility in Gainesville, Ga., scheduled to
open in the third quarter of 2018.

“M. Holland’s recent acquisition of T&T Marketing, a leading distributor
to the wire and cable industry, has accelerated this initiative. T&T is
renowned in the wire and cable industry for its technical expertise and
applications development capabilities,” said Elastron Managing Director
Zev Gurion. “We look forward to bringing new, cost-effective TPE
solutions to the wire and cable market, along with superior service from
our new facility.” Gurion also noted that the new facility would produce
TPVs as well as Styrene Ethylene Butylene Styrene (SEBS),
styrene-butadiene-styrene (SBS), and thermoplastic polyolefin (TPO)
compounds, all of which are materials widely used in wire and cable and
automotive markets.

Tom Jordan, T&T co-founder, who has continued as managing director of
the business unit, added, “Elastron has an excellent portfolio of
existing wire and cable grades and a desire to partner with us in
developing innovative new products for the market. This partnership
illustrates the market collaboration we hoped to realize when we merged
with M. Holland.”

ABOUT ELASTRON

Based in Turkey, Elastron is a global TPE producer with offices in Asia,
Europe, and North America. It exports to over 50 countries. Compounder
Elastron Kimya A.S. is investing $10 million to open a factory in
Gainesville, Ga., which will start with two extrusion lines and an
annual capacity of 3,500 metric tons and grow to 6,000 metric tons of
capacity by 2020.

ABOUT T&T MARKETING

Founded in 1988 and headquartered in Andover, Mass., T&T has annual
revenues of about $40 million and services about 250 clients in the
United States and Canada. It also has a testing and research facility in
Easton, Pa., dedicated to the wire and cable market. M. Holland acquired
T&T in October 2017.

ABOUT M. HOLLAND

M. Holland is a leading international distributor of thermoplastic
resins, providing suppliers the most strategic channels to market,
offering innovative sourcing and supply chain solutions to our clients,
and helping people lead rewarding careers. Since 1950, a deep commitment
to personal relationships has formed the core of the company’s heritage,
its culture, and its vision. Headquartered in Northbrook, Ill., M.
Holland sells in excess of 1.4 billion pounds of resin to more than
4,000 clients annually. To learn more, visit www.mholland.com.
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Contacts

INK (for M. Holland)
Caitlin New, 512-382-8990
[email protected]