Press Releases
Plasticolors Acquires Business Assets of Milliken & Company
January 9, 2012 - Plasticolors, Inc. and Milliken Design, Inc. have concluded a purchase agreement where Plasticolors has acquired Milliken Design, Inc.’s non-urethane pigment dispersion product lines. This purchase includes pigment dispersion product lines based on unsaturated polyester, epoxy, plasticizer, benzoate ester, polyurea, polyamide, and silicone chemistries. The acquisition of products became effective January 5, 2012. The purchase price was not disclosed.
“The acquisition of these products from Milliken Design, Inc. is consistent with our focus in supplying quality colorants and additives for high performance, specialty applications for thermoset plastics and coatings,” said Scott Becker, Plasticolors’ President and CEO. “The acquired products fit well with our existing lines, providing the full breadth of options required to support these industries.”
Production of the acquired products will be moved from Milliken Design, Inc. location in Aston, Pa. to Plasticolors’ facility in Ashtabula, Ohio.
“It is very important to us that we make this transition as easy and effortless as possible for customers,” Becker continued. “Quality and speed of delivery will remain consistent with what customers are currently receiving.”
Plasticolors Inc. is a leading supplier of pigment and chemical dispersions to the thermoset composites and coatings industries. The company’s colorants can be found in a wide variety of products including interior and exterior automotive components, epoxy flooring, electrical and appliance housings and a myriad of other paints, coatings, and molded composite applications. The company has earned ISO 9001, ISO 14001, QS 9000, and ISO/TS-169949 certifications.
Contact: Elizabeth Campbell
Business Director, Thermosets
(440) 997-5137 x273