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TEKNOR APEX BECOMES EXCLUSIVE NORTH AMERICAN DISTRIBUTOR OF TPU WIRE AND CABLE COMPOUNDS FROM COIM

Cable Insulated with Laripur TPU

Agreement with Milan-Based COIM S.p.A. also Gives Teknor Apex Access to TPU Products that It Can Use for Developing Compounds besides Those for Wire and Cable

PAWTUCKET, RI, U.S.A., September 22, 2010: The Italian chemical company COIM S.p.A. has appointed Teknor Apex Company to be the exclusive distributor of COIM’s Laripur™ thermoplastic polyurethane (TPU) elastomer compounds to wire and cable manufacturers in the U.S., Canada, and Mexico, it was announced today by Teknor Apex.

Teknor Apex’s Vinyl Division, a leading supplier of compounds for wire and cable, will supply the Laripur materials. The agreement with COIM also enables Teknor Apex to broaden its portfolio by using COIM’s TPU products to develop plastics compounds for use outside the wire and cable industry, according to Teknor Apex vice president Louis R. Cappucci.

“We are very pleased to engage in a strategic co-operation with a high-value partner like Teknor Apex,” said COIM’s Antonio Piroddi, division manager for Laripur TPU. “Their technical and commercial capabilities combined with COIM’s TPU expertise and broad product offering provides a valuable new resource for wire and cable customers in North America.”

The agreement between COIM and Teknor Apex provides North American wire and cable manufacturers with direct access to COIM’s diversified range of internationally specified TPU compounds, noted Louis Cappucci. “TPUs are particularly valuable for withstanding rugged end-use conditions because of their resistance to abrasion, chemicals, microbial attack, and hydrolysis, as well as flexibility at low temperatures.”

Laripur compounds are available in grades ranging in hardness from 60 Shore A to 75 Shore D. As elastomers they are inherently flexible and contain no plasticizers except as required for certain specialty formulations. Typical applications include cables for automotive sensor and antilock brake systems and for mining, seismic monitoring, oil exploration, and other end uses requiring ruggedness and cold weather performance.

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THE VINYL DIVISION OF TEKNOR APEX COMPANY is a leading manufacturer of compounds based on PVC, including Apex flexible vinyl, Flexalloy vinyl elastomers, and Fireguard low-flame, low-smoke compounds for wire and cable. Headquartered in Pawtucket, Rhode Island, U.S.A., the Division is an international supplier to the appliance, automotive, construction, medical device, wire and cable, and other industries. Parent company Teknor Apex operates manufacturing facilities around the world and sells in 90 countries. Visit www.teknorapex.com.

Founded in 1962, COIM is a privately owned company, specialising in polycondensation (ester), polyaddition (polyurethane), and other specialty chemical products. The high quality and variety of its products make COIM a leader in the field. COIM operates production sites in Europe, USA, Brazil, and Singapore and is represented by commercial companies and agencies throughout the world. Visit www.coimgroup.com.

READER INQUIRY INFORMATION: Address all mail inquiries to Teknor Apex, 505 Central Avenue, Pawtucket, RI 02861 U.S.A. Tel: 1-401-725-8000. Tel. from U.S. only: 1-800-554-9892. Fax: 1-401-729-0166. E-mail: vinyl@teknorapex.com.