The recycled plastic sector is increasingly interesting also 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 technical and market introductions of the companies being acquired. With this in mind, the acquisition that the American chemical company Milliken made on the German company Zebra-chem develops.
Peroxide masterbatches are essential in the production of recycled plastics. The American chemical company Milliken, a manufacturer 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 technical thermoplastics.
"As more and more companies and governments around the world set goals to increase the use of recycled materials, the leadership position of Zebra-chem in Europe will allow Milliken to leverage its platforms.
The strength of innovation, its global presence and its commercial experience will be the engines 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.
In addition, the transaction allows him to enter the German market with a broad view of Europe.
Founded in 1865 and still owned by the Milliken family, the chemical group of the same name, active in specialty chemicals, floor coverings and protective fabrics, employs approximately 7,000 people and has 40 factories around the world.
Machine translation. We apologize for any inaccuracies. Original article in Italian.