The recycled plastic sector is also increasingly interesting for chemical groups that have an international and multi-sector vision for their products.
Acquisitions and synergies are found with a certain continuity in these periods, with the aim of improving the general business more quickly, taking advantage of the technical and market introductions of the companies being acquired. From this perspective, the acquisition that the American chemical company Milliken made of the German company Zebra-chem develops
Peroxide masterbatches are essential in the production of recycled plastic. The American chemical company Milliken, producer of plastic additives and dyes, strengthens its positions in this field by acquiring the German Zebra-chem.
This company based in Bad Bentheim on the German-Dutch border is a specialist in organic peroxide masterbatches and blowing agents for polyvinyl chloride (PVC), polyolefins and engineering thermoplastics applications.
“As more companies and governments around the world set goals to increase the use of recycled materials, Zebra-chem’s leadership position in Europe will allow Milliken to leverage its platforms.
Its innovation strength, global presence and commercial expertise will be the drivers to accelerate its presence in the market with solutions that improve and increase production based on recycled plastic, the group said in a press release.
Furthermore, the operation allows it to enter the German market with a broad focus on Europe.
Founded in 1865 and still owned by the Milliken family, the eponymous chemical group, active in specialty chemicals, floor coverings and protective fabrics, employs around 7,000 people and has 40 factories worldwide.