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Milliken Buys Pigment, Additive Maker

Monday, October 19, 2009

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Milliken & Company has acquired the assets of Aston, PA-based Rebus, Inc., which makes pigment and additive dispersions for high-performance industrial coatings and thermoset plastics. Milliken (Spartansburg, SC) is a privately held, technology-based company that serves the international chemical, floor covering, and textile markets.

The acquisition will enable Milliken to broaden its portfolio and offer customers a convenient source for differentiated colorants, according to Russ Rudolph, global business manager of the Performance Colorants and Additives business at Milliken Chemical, a division of Milliken. In particular, the move will help Milliken meet the demands of thermoset and coatings manufacturers in fast-growing markets such as the Asia-Pacific region.

Milliken will continue to operate Rebus’s manufacturing facility in Aston, PA.

Jim Steever, founder of Rebus, has agreed to assist Milliken in a business development consulting role.

Milliken Chemical specializes in developing and producing additives and colorants for the global plastics and household care industries.

For more information, visit www.millikenchemical.com.

   

Tagged categories: Acquisitions; Mergers; Milliken; Rebus

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