Sealed Bid - Ovation Polymer Technology & Engineered Materials (OPTEM)
Sealed Bids due on April 22 by 12 PM CT. Submit your sealed bid information here.
Unique Opportunity to Acquire a Complete, State of the Art, Specialty Compounding Facility based in the United States.
Founded in 2004, Ovation Polymers (OPTEM) is a specialty engineered plastic compounder headquartered in Medina, Ohio. Their compounding offerings range from routine to specialized processes such as dispersion, reactive extrusion, grafting, cross-linking polymers, devolatilization, performance/functional fiber reinforcement, and the processing of nano-engineered molecules.
Company is ISO 9001:2015 registered (valid through 2027) and includes a strong IP portfolio that encompasses advanced nano-composites, high thermal conductivity alloys, and engineering plastics compounds and composites (15 granted patents).
Property Information:
Building 1: 55,000 Sq. Ft – Plant, R&D, Office
Building 2: 25,000 Sq Ft – Warehouse
Power: 2000+ KVA
Equipment Capabilities:
· Twin Screw Extrusion Process
· Proprietary Process Design
· (4) Production Lines
· 5th Line designed for CNT compounding
· Complex Design Flexibility
· Nameplate Capacity -6000 MT
· World-class capabilities as an R&D and small run facility
Production Yields: 96-98%
For more information or to receive an NDA to review proprietary information, please contact Sam Bersh at sbersh@aaronauctions.com
Location:
Medina, OH
Start Date:
February 18, 2025
End Date:
April 22, 2025
Sale Contact:
Sam Bersh
sbersh@aaronauctions.com
847.830.5635