SPARTANBURG, S.C. — Milliken & Company (“Milliken”), a global diversified manufacturer with more than a century and a half of materials science expertise, has formally acquired Zebra-chem GmbH (“Zebra-chem”), a global chemicals company known for its peroxide and blowing agent masterbatches. With more brands and governments globally setting goals to increase their use of recycled materials, plastics manufacturers are faced with the challenges of using recycled plastics effectively. Peroxide masterbatches, like those from Zebra-chem and Milliken, make it possible to incorporate up to 100% recycled content into these new plastics.
focus on innovation and sustainability encourages us to consider how we
contribute to some of today’s leading challenges, like how to effectively
incorporate recycled plastics in manufacturing,” stated Halsey Cook, Milliken
& Company president and CEO. “I’m excited to welcome the exceptional talent
within Zebra-chem as they join the passionate team at Milliken to move the
needle on sustainable innovation.”
Headquartered in Bad
Bentheim, Germany, Zebra-chem carries a respected portfolio of chemical blowing
agent and peroxide masterbatches for application in most thermoplastics and
leading position in Europe allows Milliken to leverage its congruent innovation
platforms, global presence and commercial expertise to accelerate market
solutions that improve and increase manufacturing with recycled plastics,” said
Wim Van de Velde, vice president, Europe, Middle East and Africa, for Milliken’s
Chemical Division. “Our combined skillsets will facilitate faster and more
customized solutions that achieve our customers’ sustainability goals.”
Combining the strengths
of Milliken and Zebra-chem opens up new potential to expand solutions that
accelerate and improve plastic recycling. Customers will benefit from enhanced
research and development capabilities, shared knowledge, and a broadened
product portfolio from trusted, leading manufacturers.
As Zebra-chem integrates
into Milliken, daily operations will continue without interruption, including
relationships with existing suppliers and customers.
Jones Day represented Milliken in the
transaction, and BDO acted as Milliken’s financial advisor.
About Milliken & Company
Materials science expert Milliken & Company knows that a single
molecule has the potential to change the world. With innovative solutions
across the textile, flooring, specialty chemical, and healthcare industries,
Milliken answers some of the world’s greatest challenges. Named to the World’s
Most Ethical Companies list by Ethisphere Institute for 15 straight years, the
company meets the moment with an unwavering commitment to delivering
sustainable solutions for its customers and communities. Eight thousand
associates across 46 locations globally rally behind a common purpose: to
positively impact the world for generations. Discover more about Milliken’s
curious minds and inspired solutions at milliken.com and on Facebook, Instagram, LinkedIn and Twitter.
Zebra-chem is a special compounding company which produces additive and
blowing agent masterbatches for PVC, polyolefins and engineering thermoplastics—made
possible by producing extremely small microgranules. As a result, the
company’s products have very good flow properties and dispersibility, and its
delivery program includes standard products as well as customer-specific
developments for most thermoplastics and thermoplastic elastomers. Typical
products are organic peroxide masterbatches, molybdenum disulfide masterbatches
and blowing agent masterbatches.