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    Home > Coatings News > Paints and Coatings Market > Milliken acquires dye supplier Keystone to strengthen service to global colorant customers

    Milliken acquires dye supplier Keystone to strengthen service to global colorant customers

    • Last Update: 2021-07-22
    • Source: Internet
    • Author: User
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    Two non-listed family companies with similar cultural backgrounds and values ​​achieve a strong alliance

      Shanghai, China - Milliken, the world's leading supplier of polymer colorants and additives, recently announced that it has acquired Keystone Aniline , a


    leading company in dyes, pigments, pigment dispersions and polymers headquartered in Chicago, Illinois .
    Through the strong cooperation of the two companies, the two parties will form complementary advantages, and work together to provide customers with more abundant advanced colorant solutions, technologies and services .
    In addition, this acquisition allows customers to streamline their supply chain channels and only need to contact a company to obtain a complete line of colorants .
    After the acquisition of
    Keystone , Milliken's product supply capabilities will be further strengthened, providing services to global customers through Keystone 's factories around the world
    .

    Russ Rudolph   , vice president of Milliken’s high-performance colorants business unit, said: “This acquisition is of great significance to all parties
    .
    Customers of the two companies have access to more tried-and-tested colorant technologies and resources to help them enter And develop new markets to consolidate competitive advantages

    .
    For suppliers, the expansion of the company’s scale also means that more business opportunities will be obtained in the future

    .
    From a commercial point of view, we expect this acquisition to accelerate the pace of company development and create more Great value

    .
    "

      Complementary advantages, join forces

    Both   Milliken and Keystone provide colorant solutions for the agricultural, plastics, coatings, inks, household and industrial markets
    .
    However, the two companies focus on different segments, so their customers do not overlap

    .
    Milliken’s high-performance colorant business is known for its innovative chemical formulations and powerful new molecule synthesis capabilities, while
    Keystone has a reputation for formulation technology and application development
    .
    Therefore, the combination of the two companies will create strong synergies and develop more innovative products and applications for customers

    .

      Keystone CEO John Andrews said: "By combining our colorant products and expertise with Milliken’s solutions and application experience, the two parties have created significant synergies in business and market.
    I believe the combined company Will gain a broader space for development and better meet the ever-changing needs of global customers

    .
    This cooperation allows us to usher in more in-depth and richer growth opportunities in R&D, manufacturing, quality control and product management.
    Liken’s future development lays a solid foundation

    .
    "

      Both companies are non-listed family businesses and are well-known in the colorant industry.
    Keystone has been founded for 97 years, and Milliken has a long history of 152 years
    .
    The values ​​of the two parties are very similar and both advocate business ethics, which is also reflected in their leading compliance supervision and safety management capabilities

    .
    The profitability growth of the two companies is above the industry average, and has production bases in many countries in North America, Europe, Latin America and Asia

    .

      About Keystone

      Keystone Aniline was established in Chicago, Illinois in 1920 , and earlier provided dry cleaning chemicals and dyes for textile re-dying products
    .
    In the 1950s, the company's business focus shifted to dyes and chemicals for non-textile applications

    .
    From the 1970s to the 1990s,
    Keystone continued to expand its national influence, invested heavily in technology and application research and development, and strengthened its professional formulation development and production capabilities for plastics, inks, coatings, agriculture, and household applications
    .
    In 1998 , the company established a subsidiary in Huddersfield, England, and began to provide services to European customers
    .
    In 2002 , Keystone established a liquid formulation and pigment dispersant plant in Inman , South Carolina, USA .
    The plant expanded its production capacity in 2015 and established a new laboratory .
    Today, Keystone has developed into a world-class colorant supplier, providing customers in many industrial color consumer markets with rich formulations and application expertise .
    Its product line includes food contact dyes for plastics and pigment dispersants, liquid dyes for wood coatings, agriculture and inks, and other rich dyes, optical brighteners and pigment products for home care and industry Many applications in the field .




      About Milliken

      Milliken was founded in 1865 and is an innovative company that continuously improves people's lives through exploration, discovery and creation
    .
    Milliken has established a number of laboratories, application and R&D centers around the world, and has become the world's leading supplier of coatings, specialty chemicals, advanced additives and colorants, and its application fields range from automotive plastics to children's art products.
    And a series of industries and markets

    .
    With the efforts of its innovative team, Milliken has been involved in many industries such as specialty chemicals, carpets and high-performance materials, and is creating outstanding value for people all over the world every day, working hard to improve people's health and safety, and promoting sustainable development in the world.

    .
    For more details, please visit
    or .

      The Milliken logo is a registered trademark of Milliken & Company .

     

    Milliken acquires dye supplier Keystone to strengthen service to global colorant customers

     

    Photo caption : After the acquisition, Keystone will bring Milliken superior colorant formulation technology and application development advantages
    .

     

      Milliken, the world's leading supplier of polymer colorants and additives, recently announced that it has acquired Keystone Aniline , a


    leading company in dyes, pigments, pigment dispersions and polymers headquartered in Chicago, Illinois .
    Through the strong cooperation of the two companies, the two parties will form complementary advantages, and work together to provide customers with more abundant advanced colorant solutions, technologies and services .
    In addition, this acquisition allows customers to streamline their supply chain channels and only need to contact a company to obtain a complete line of colorants .
    After the acquisition of
    Keystone , Milliken's product supply capabilities will be further strengthened, providing services to global customers through Keystone 's factories around the world
    .

     

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