Phon Tech to expand production of TPE compounds

The Year of 2019 was an unstable year that uncertainty pervaded in the market due to the trade war between the U.S. and China. The economy had been through a downturn and it was sluggish in almost every sector.
However, let us not dwell on the past. To meet the increasing demand and to respond more quickly to order delivery, Phon Tech is having a plan to upgrade our machinery. We estimate an investment of $350,000 and the total production capacity of thermoplastic elastomers will increase 26%, from 5,000 t/a to 6,300 t/a. The project will complete and start with full-fledged production in February 2020.  
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