Taro Plastic

What Taro Plastic does

Taro Plast S.p.a. is an Italian family-owned polymer compounder founded in 1978 in Soragna, Italy, that develops and manufactures engineering plastics (PA, PC, PBT/PET, PP, ABS/ASA) and thermoplastic elastomers (TPE-S, TPE-V, TPC-ET) sold under proprietary brand families including HAIPLEN, TAROLOX, TAROMID, TAROLON, TAROFORCE, NILFLEX, Taroprene®, Pibiflex®, and Riteflex®. The company operates five specialized production sites — four in Italy (Soragna, Pieveottoville, Vaiano, Ferrara) and one in Sterling Heights, Michigan — with an aggregate capacity of approximately 100,000 tonnes per year and a portfolio of more than 3,000 active SKUs, supplemented by 500+ new compound formulations developed annually by an in-house R&D center. Core technologies include proprietary pultrusion for long glass-fibre polypropylene (TAROFORCE), in-house polymerization of thermoplastic copolyesters at the Ferrara Donegani site, and compounded flame-retardant, thermally conductive, electrically conductive, hydrolysis-stabilized, and recycled-content grades certified to UL-94, ISO 9001, ISO 14001, and IATF 16949.

The business model is sales-led B2B direct sales plus regional distribution: dedicated Italy and Export sales teams handle domestic and international accounts, complemented by distribution partnerships in Germany (CHEMIE-PLAST) and China (Telko Shanghai Ltd), with the Sterling Heights subsidiary serving as both a compounding plant and North American distribution center. Revenue is generated through hardware sales of compounded polymer materials (no subscription, licensing, or platform revenue disclosed; pricing is not publicly disclosed and quotations are handled through direct sales contact). The customer base is concentrated in five verticals — Automotive (primary), Electrical & Electronics, Building & Construction, Household & Furniture, and Tools — with automotive applications spanning air ducts, CVJ boots, turbocharged engine components, under-hood parts, and structural elements, and E&E applications including lighting, fuse holders, connectors, and circuit breakers requiring UL-listed flame-retardant grades.

Growth has been driven by a combination of organic product development and strategic M&A: the 2019 acquisition of Celanese Corporation's thermoplastic copolyester and hotmelt polyester business brought the Ferrara Donegani site and the Pibiflex® and Riteflex® brands in-house, the 2023 acquisition of Delta Polymers Co. established the US footprint, and a new state-of-the-art extrusion line at the Ferrara plant became operational in September 2025. The company is privately held by the Squeri family, with no external institutional investors or public shareholders identified in the source material.

Name

Taro Plastic

Legal name

TARO PLAST S.p.a.

Website

https://taroplast.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Taro Plast is an Italian family-owned polymer compounder founded in 1978 that develops and manufactures engineering plastics and thermoplastic elastomers across five production sites in Italy and the US, serving automotive, electrical & electronics, construction, household, and industrial customers with proprietary branded compound families.

Ownership category

akta.pro rank

Product category

Polymer Compounding

NAICS

Plastics and Rubber Products Manufacturing (326)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Recycled Plastic Compounds (PCR/PIR) (IMANABAE)

Keywords

• Engineering plastics compounding
• Thermoplastic elastomers manufacturing
• Polypropylene compounds production
• Polymer compounding services
• Plastic compounds for automotive

Headquarters

HQ city

Soragna

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Engineering Plastics and Elastomers Sales: Taro Plast generates revenue through the sale of compounded polymer materials — engineering plastics (PA66, PA6, PC, PC Alloys, PBT/PET, ABS/ASA, PP) and thermoplastic elastomers (TPE-S, TPE-V, TPC) — to industrial customers primarily in automotive, electrical & electronics, building & construction, and household sectors.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Taro Plastic is an Italian polymer compounder that manufactures engineering plastics (PA66, PA6, PC, PC Alloys, PBT/PET, ABS/ASA, PP) and thermoplastic elastomers (TPE-S, TPE-V, TPC-ET) supplied to industrial customers. The company operates five specialized production sites in Italy and the United States with approximately 100,000 tonnes of annual capacity and offers more than 3,000 standard and customized formulations, including long glass fibre-reinforced PP, hydrolysis-stabilized PBT, halogen-free flame-retardant grades, and sustainable recycled-material compounds.

Product overview

Taro Plast is a manufacturer of engineering plastics and thermoplastic elastomers, operating as a compounder with production capacity of approximately 100,000 tonnes per year across 5 specialized production sites. The company offers a broad portfolio organized into distinct product families: Engineering Plastics (HAIPLEN, TAROLOX, TAROMID), Structural Products including TAROFORCE long glass fibre compounds, Thermoplastic Elastomers organized by type (TPC including Pibiflex® and Riteflex® brands acquired from Celanese; TPE-V under Taroprene® brand; and TPE-S under Nilflex® brand covering SEBS and SBS compounds), Specialty compounds including electrically and thermally conductive materials, flame retardant products (halogenated and halogen-free), sustainable recycled material solutions, and impact resistant and aesthetic/design products. The company serves automotive, building & construction, household & furniture, tools, and electrical & electronics sectors across Europe, America, and Asia through direct offices and distribution partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Pibiflex®: Thermoplastic copolyester elastomer (TPC-ET) brand for automotive and industrial applications including air ducts, CVJ boots, body plugs, vacuum brake tubing, and jounce bumpers.
• Riteflex®
• Taroprene®
• Taroforce
• NILFLEX
• TAROLOX
• HAIPLEN
• TAROMID
• TAROLON
• TAROCON
• TAROTHERM

Products and services

• Engineering Plastics High versatile product family typically reinforced with glass fibres or mineral filler, suitable for automotive, electrical and electronics, household and industrial applications. Includes HAIPLEN (PP), TAROLOX (PBT), and TAROMID (PA66/PA6) product lines.
• Thermoplastic Copolyester Elastomers (TPC) — Pibiflex and Riteflex Thermoplastic copolyester elastomers (TPC-ET) offering high heat and chemical resistance with high elasticity and easy processability. Pibiflex and Riteflex brands were acquired from Celanese Corporation in 2019. Applications include automotive air ducts, CVJ boots, body plugs, vacuum brake tubing, and jounce bumpers.
• Vulcanized Thermoplastic Elastomers (TPE-V) — Taroprene Thermoplastic elastomer vulcanized (TPE-V) combining high elasticity and long-term performance with easy processing. Includes self-lubricating and flame-retardant grades for automotive applications such as CVJ boots, body plugs, vacuum brake tubing, and jounce bumpers.
• Styrenic Thermoplastic Elastomers (TPE-S) — Nilflex SEBS- and SBS-based styrenic thermoplastic elastomer compounds with high UV and ozone resistance. Available in standard and tailor-made grades for extrusion, injection molding, soft-touch, and 2K injection applications.
• Long Glass Fibre-Reinforced PP Compounds (TAROFORCE) Long glass fibre-reinforced polypropylene (LGF-PP) compounds obtained by proprietary in-house pultrusion technology, available with long glass fibre content from 20% to 60%. Designed for structural components exposed to dynamic loads and fatigue cycles with high mechanical strength, stiffness, and thermal deformation resistance.
• Polypropylene Compounds PP compounds including mineral filled, glass fibre reinforced, flame retardant, and custom colors for various industrial applications.
• Electrically Conductive Compounds (TAROCON) Electrically conductive grades designed for applications requiring low resistivity values.
• Thermally Conductive Compounds (TAROTHERM) Thermally conductive grades designed for applications requiring high thermal conductivity values, based on PA6 for thermal management applications.
• Halogen-Free Flame Retardant Products (NILENE) Halogen-free flame-retardant products for electrical and electronics, automotive/e-mobility, and aerospace applications. Wide selection of UL listed grades with high tracking resistance and low smoke and toxicity properties.
• Halogenated Flame Retardant Products Halogenated flame-retardant products with wide range of applications in electrical and electronics, automotive/e-mobility, and aerospace sectors.
• Sustainable Recycled Compounds Sustainable compound solutions based on post-industrial and/or post-consumer selected recycled raw materials for industrial, consumer goods, and automotive applications.
• Impact Resistant Products Product family developed for applications requiring high impact resistance, even at low temperatures, with different levels of toughness and performance available.
• Aesthetic & Design Compounds (TAROBLEND) Products combining specific mechanical properties with aesthetical performance. Wide range of customization possibilities with high resistance to scratch and UV. Includes HAIPLEN HEP, NILSAN, and TAROBLEND lines.
• TAROLOX 10 I — Hydrolysis-Stabilized PBT Compounds PBT compound product family with improved resistance to hydrolysis, addressing polymer chain fragmentation caused by humidity combined with high temperature (above 85% RH and 85°C). Available in natural and black color with 15%, 20% and 30% glass fibre reinforcement for automotive electrical connectors, switches, sensor systems, and housings.
• Pibiflex B50714T — TPC-ET for Automotive Air Ducts New thermoplastic copolyester elastomer (TPC-ET) developed for modern turbocharged engine systems and automotive air duct applications, combining flexibility, strength, and long-term durability. Designed for both hot-side and cold-side ducts.
• NILFLEX SHY A79 — Halogen-Free V0 TPE Self-extinguishing TPE halogen-free (class V0) at 1.6mm, UL-94 certified, available in all colors.

Quantifiable outcome

• TAROLOX 10 I G6 demonstrates significantly slower tensile strength degradation after immersion in water at 85°C compared to standard PBT GF30, providing longer service life for automotive electrical connectors, switches, sensor systems, and housings under humid/high-temperature conditions.
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• Delta Polymers Co.coreOthers · 1 March 2023Acquired in March 2023, Delta Polymers Co. was the basis for establishing Taro Plast US Inc. The Sterling Heights, Michigan facility operates as both a compounding plant and distribution centre for the North American region, adding 8 kMT/year of Engineering Plastics capacity on a 9,000 sqm site.
• Telko Shanghai LtdcoreChannel Partner/ Reseller/ Distributor · 1 November 2022Official distribution partner of Taro Plast in China since November 2022. Telko Shanghai Ltd represents Taro Plast in the Chinese market and the two companies jointly participated in Chinaplas 2026 (Shanghai, April 21–24, 2026, Booth 4.2 G112) to showcase Taro Plast's TPEE Pibiflex® and Riteflex® and TPV Taroprene® solutions.
• Celanese CorporationcoreOthers · 1 January 2019In 2019, Taro Plast made its most important strategic acquisition by purchasing Celanese Corporation's thermoplastic copolyester (TPC) and hotmelt polyester business, including the Ferrara Donegani site and all related assets. This added a fifth production site with 10 kT/year TPC capacity (including Pibiflex® and Riteflex® brands) and 2.2 kT/year hotmelt polyester capacity, bringing the complete Pibiflex production process back to its original birthplace.
• CHEMIE-PLASTcoreChannel Partner/ Reseller/ DistributorDistribution partner for Taro Plast in Germany. CHEMIE-PLAST participates jointly with Taro Plast at German trade fairs, including KUTENO Fair 2026 (Bad Salzuflen, June 9–11, 2026, stand 20-J17), promoting Taro Plast's polymer compounds to the German market.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• RTP Company: US-headquartered specialty thermoplastic compounder offering custom-formulated PP, PA, PC, ABS, PBT and elastomer compounds with various reinforcements, flame retardants, and conductive additives. Comparable in business model (custom compounding), product breadth, and end-market mix.
• LATI Industria Termoplastici S.p.A. Italian engineering thermoplastics compounder headquartered near Milan, offering PA, PC, POM, PPS, PBT, ABS, PP and specialty compounds for automotive, electrical, and industrial applications. Highly comparable to Taro Plast in geography, customer verticals, and product breadth.
• Polyplastics Co., Ltd. Japan-based global leader in engineering plastics compounding (POM, PBT, PPS, LCP, COC) supplying automotive and E&E OEMs worldwide. Comparable as a high-performance engineering plastics compounder serving the same automotive and electronics end markets.
• Ascend Performance Materials: Major vertically-integrated nylon 66 (PA66) producer and compounder headquartered in Houston, Texas, with European manufacturing. Comparable as a PA-focused compounder (overlapping with Taro Plast's TAROMID PA66/PA6 line) serving automotive and industrial customers.
• Sirmax S.p.A. Italian polyolefin and engineering plastics compounder with operations across Europe, the Americas, and Asia. Closely mirrors Taro Plast's polypropylene compounding focus (Pieveottoville site), automotive customer base, and family-owned Italian origin.
• Ravago Group: Belgian-headquartered global polymer compounder, distributor, and recycler with broad engineering plastics and polyolefin compound offerings. Comparable in compounding and distribution model, geographic breadth, and growing sustainable / recycled product line.

Broad incumbents

• Celanese Corporation: US-headquartered global chemical and specialty materials company; the TPC and hotmelt polyester business that Taro Plast acquired in 2019 originated from Celanese (including the Pibiflex® and Riteflex® brands and Ferrara Donegani assets). Remains a comparable TPC and engineering plastics producer.
• SABIC: Saudi Arabia-headquartered global petrochemicals major producing base resins (PP, PA, PC, PBT, ABS) and specialty compounds. Competes with Taro Plast in engineering plastics and polypropylene compounding with the scale advantage of in-house monomer production.
• Avient Corporation: US-headquartered specialty formulator of polymer materials, color masterbatch, and engineered composites (formerly PolyOne, including the former A. Schulman compounding business). Overlaps with Taro Plast's specialty compounded products and serves many of the same automotive and E&E customers.
• BASF SE: German-headquartered global chemical major with a large engineering plastics and polyamides business serving automotive, E&E, and industrial customers. Competes broadly with Taro Plast in PA, PBT, PP, and specialty compounded products, with significantly larger scale and integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebooktaroplast.com/en/video-en/video-news-1
• LinkedInlinkedin.com/company/taroplast

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taro Plastic