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Milliken acquires masterbatches producer in Germany

March 09/2021

MOSCOW (MRC) -- Milliken (Spartanburg, South Carolina) says it has acquired Zebra-chem (Bad Bentheim, Germany), a producer of peroxide masterbatches and blowing-agent masterbatches, reported Chemweek.

Financial terms of the deal have not been disclosed.

Zebra-chem produces masterbatches for polyvinyl chloride (PVC), polyolefins, and engineering plastics. Typical products are organic peroxide masterbatches, molybdenum disulfide masterbatches, and blowing-agent masterbatches, according to Milliken.

Peroxide masterbatches, such as those made by Zebra-chem and Milliken, make it possible to incorporate up to 100% recycled content in plastics, Milliken says. Millikens long-term focus on innovation and sustainability encourages us to consider how we contribute to some of todays leading challenges, like how to effectively incorporate recycled plastics in manufacturing, says Halsey Cook, Milliken president and CEO.

As MRC informed earlier, in September 2020, Milliken (Spartanburg, North Carolina) said it had joined the Polypropylene Recycling Coalition (PRC), an industry collaboration launched in July by The Recycling Partnership (TRP) aimed at improving recovery and recycling of PP in the US.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.

Milliken is an innovation company that has been exploring, discovering, and creating ways to enhance peoples lives since 1865. The company creates coatings, specialty chemicals, and advanced additive and colorant technologies that transform the way we experience products from automotive plastics to children's art supplies.
Author:Margaret Volkova
Tags:PVC, PP, PE, PP random copolymer, LDPE, HDPE, masterbatches, Milliken, sustainable development, Russia, USA.
Category:General News
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