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Transforming Dreams into Sustainable Reality: The New Value TPE Journey

In 2019, LCTS embarked on a visionary quest in collaboration with RTI Cryogenics Inc. The goal was to explore the transformative potential of Thermoplastic Elastomer (TPE) processes. Little did they know that this journey would lead to the birth of New Value TPE, a game-changing initiative in the realm of waste-to-value innovation.

A Journey of Innovation: The Early Days

The journey began with LCTS and RTI Cryogenics Inc. joining forces to investigate the potential of applying RTI’s TPE process in a commercial scale facility. The initial location, nestled in the Caribbean area, set the stage for exploration and experimentation. However, in 2022, a pivotal decision was made – to relocate the project to the United States. This strategic move was fueled by several key factors:

  • Easier Access to Feedstock: Proximity to feedstock sources became a critical consideration for efficiency in the TPE production process.
  • Lower Transportation Costs: Shifting the project to the US promised reduced transportation costs, optimizing the overall operational expenditure.
  • Mitigating Risk: The decision to move to the US also brought with it a lower risk profile, especially in building the first plant.

 

New Value TPE Emerges: Planting Roots in the US

In 2023, New Value TPE was officially registered as the operating entity for the TPE business, solidifying its commitment to sustainable innovation. As a 100% subsidiary of LCTS, New Value TPE laid the foundation for its inaugural plant in the Panama City, FL area, with a second plant already in early development stages in Clark County, AR, or Morris County, TX.

 

Ambitious Targets, Revolutionary Technology

New Value TPE sets its sights high, aiming to operate between 3 to 5 TPE plants. Partnering with RTI Cryogenics Inc., the technology pioneer estimates a staggering potential for 15 plants, showcasing the scalability and promise of the TPE process.

 

Service Beyond Production: New Value TPE’s Commitment

New Value TPE doesn’t just stop at production; it extends its reach through comprehensive services:

  • Project Development: Nurturing ideas from inception to reality, New Value TPE is a partner in the development journey.
  • Project Execution: Bringing plans to life with precision and excellence, ensuring projects are executed seamlessly.
  • Plant Operation and Maintenance: A commitment to longevity and sustainability, New Value TPE takes pride in the ongoing operation and maintenance of its plants.

Vision and Mission: Guiding Principles of New Value TPE

Vision Statement:

New Value TPE aims to be a high-quality, low-cost supplier of TPE pellets to high-growth markets.

Mission Statement:

Our mission is to honor our values of safety, quality, and operational excellence by providing the best work environment for our employees and by applying sustainable, highly efficient manufacturing processes that allow us to minimize emissions and waste streams.

Conclusion: Writing the Next Chapter in Sustainable Innovation

As New Value TPE plants its roots and envisions a future of sustainable production, it invites all stakeholders to join in this transformative journey. From innovative processes to a commitment to values, New Value TPE is not just creating TPE pellets; it’s laying the groundwork for a sustainable, eco-conscious future.

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    Callaway, Florida, USA

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