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Intertek Acquires Plastics Technology Laboratories, Inc.
11/2/2007 -

Intertek Acquires PTLI Press Release November 2007

Intertek Acquires Plastics Technology Laboratories, Inc.

(Houston ,TX) Intertek, the leading international provider of quality and safety services to a wide range of global and local industries, announces that its Oil, Chemical and Agri group has acquired Plastics Technology Laboratories, Inc. (PTLI), in Pittsfield, MA
PTLI is a leader in polymer testing, providing services to major producers and end-users of plastics, elastomers, composites, packaging and films in the aerospace, automotive, medical devices, and many other markets. PTLI is an A2LA (ISO/IEC 17025:2005) accredited laboratory, providing the plastics industry with extensive expertise in mechanical, physical testing, thermal, rheological, flammability, analytical, weathering and electrical material evaluations for plastics, elastomers, composites, packaging and films. PTLI leads the industry in standard testing through its involvement in standards development with ASTM and ISO committees on plastics and online education tools.
The acquisition of PTLI enhances Intertek’s polymer and plastic testing capabilities in North America and complements existing polymer and plastic testing laboratories in the global Intertek laboratory network. Executive Vice President Mark Loughead, said "The acquisition of PTLI enables Intertek to offer expanded and complementary services to our US customers and also internationally. PTLI’s customers will also benefit from Intertek’s diverse offerings and technical capabilities in addition to PTLI’s core capabilities."
James Galipeau, General Manager of PTLI, remarked "We are excited about joining Intertek and becoming part of Intertek’s global laboratory network. With the combined capabilities, we offer our customers a unique one-stop solution to their problems. With the strong financial backing of Intertek, there is an opportunity to invest in more capabilities that will extend our current capabilities and deliver benefits to our clients".
About Intertek:
Intertek Group plc is a leading international provider of quality and safety services to a wide range of global and local industries through the provision of independent testing, certification and inspection services. Intertek is listed on the London Stock Exchange (FTSE: ITRK). www.intertek-cb.com
About PTLI:
Plastics Technology Laboratories, Inc. (PTLI) is a materials testing laboratory dedicated to testing plastics, elastomers, film, and composites. With an exclusive focus on polymeric materials, PTLI has developed extensive experience in all areas of plastics testing. Located in the Berkshire Hills of western Massachusetts, PTLI was founded in 1986. With an emphasis on quality, speed, and value, PTLI has grown to become a leader in plastics testing. www.ptli.com




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