Investing in new facilities

AEI Compounds facility in Kent, UK

AEI Compounds Ltd, a subsidiary of TT electronics plc and a specialist producer of cross-linkable and thermoplastic polymer compounds, is to move its operations from its current base in Gravesend to Sandwich, Kent.

The company will also be installing new production capacity for its range of environmentally friendly, low smoke, halogen free (LSFOH) cable compounds. The new line will be capable of producing up to 1,500kg per hour.

Mark Shaw, managing director of AEI Compounds, commented: “This investment in our business and technical capability is critical to our strategy of continuing to lead in the supply and development of high performance flame retardant solutions to the polymer industry.

“Our customers are based in all regions of the world and with competition increasing from low-cost developing economies we need to stay ahead by investing in the very best equipment and personnel.

“Despite the current challenging market conditions the business has continued to perform well, with a strong operating profit performance in the last financial year backed by revenue growth of 27 per cent and volume growth of 21 per cent.”

The new facility in Sandwich will allow the business to develop all of its current activities and will house the company’s comprehensive R&D and technical centre.

The project is scheduled to be complete by the end of February 2010.

PUBLISHED: 07 Jan 10