Milliken & Company, a globally diversified manufacturer with over a century and a half of materials science expertise, has formally established Zebra-chem GmbH (“Zebra-chem”) , a global chemical company known for its peroxide and blowing agent masterbatches. As more brands and governments around the world set goals to increase their use of recycled materials, plastic manufacturers are facing the challenges of using recycled plastic effectively. Peroxide masterbatches, such as those from Zebra-chem and Milliken, make it possible to process up to 100% recycled material in these new plastics.

“Milliken's long-term focus on innovation and sustainability encourages us to think about how we contribute to some of today's most important challenges, such as how to effectively incorporate recycled plastic into production,” said Halsey Cook, Milliken & Company president and CEO . "I am delighted to welcome the exceptional talent within Zebra-chem as they join Milliken's passionate team to focus on sustainable innovation."

Headquartered in Bad Bentheim, Germany, Zebra-chem has a respected portfolio of chemical blowing agents and peroxide masterbatches for use in most thermoplastics and engineering plastics.

“Zebra-chem's 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 production with recycled plastics,” said Wim Van de Velde, vice president, Europe , Middle East and Africa, for Milliken's Chemical Division. "Our combined skills will enable faster and more tailored solutions that meet our customers' sustainability goals."

The combination of the strengths of Milliken and Zebra-chem opens new opportunities to expand solutions that accelerate and improve plastic recycling. Customers will benefit from enhanced research and development capabilities, shared knowledge and a broader product portfolio from trusted, leading manufacturers.

While Zebra-chem integrates into Milliken, day-to-day 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.

Over Milliken & Company

Materials science expert Milliken & Company knows that a single molecule has the potential to change the world. With innovative solutions in the textile, flooring, specialty chemicals and healthcare industries, Milliken is answering some of the world's greatest challenges. Listed as the World's Most Ethical Companies for 15 years, the Ethisphere Institute rises to the challenge of delivering sustainable solutions for its customers and communities with an unwavering commitment. Eight thousand employees at 46 locations worldwide share a common goal: to have a positive impact on the world for generations. Find out more about Milliken's curious minds and inspired solutions at milliken.com and on Facebook ,Instagram , LinkedIn and Twitter .

Over Zebra-chem

Zebra-chem is a specialty compounding company that produces additive and blowing agent masterbatches for PVC, polyolefins and engineering thermoplastics - made possible by the production of extremely small microgranules. As a result, the company's products have very good flow properties and dispersibility, and the delivery program includes both standard products and customer-specific developments for most thermoplastics and thermoplastic elastomers. Typical products are organic peroxide masterbatches, molybdenum disulphide masterbatches and blowing agent masterbatches.

This announcement is officially valid in the original source language. Translations are only intended as a reading aid and should be compared with the text in the source language, which is the only one legally valid.

Contacts
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Milliken & Company
Betsy Sikma
betsy.sikma@milliken.com
864.909.7908

Liz Morris
liz@edit-grp.com
864.918.5196

Source: businesswire.com

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