Acquisition Expands Milliken’s Colorant Technologies

April 14, 2017
Milliken acquires Keystone Aniline Corporation.

Milliken & Company, a supplier of polymer-bound colorants and additives, acquires Keystone Aniline Corporation, a global manufacturer dyes, pigments, pigment dispersions and polymers, headquartered in Chicago, Ill. The move joins two organizations with complementary expertise and capabilities and enables customers to streamline their supply chains by accessing a wider range of products from a single source, according to the company. 

Milliken and Keystone currently provide colorant technologies to the agricultural, plastics, coatings, inks and household institutional and industrial markets. With a focus on polymeric colorants, Milliken’s Performance Colorants & Ingredients business is reportedly known for its chemistry and ability to synthesize new molecules, while Keystone brings formulation skills and application development technology.

Both entities are privately held, family-owned companies with long histories in the colorants industry: 97 years for Keystone and 152 for Milliken. Both have reportedly been successful individually, with growth rates that exceed the market average, according to the company. Milliken and Keystone operate globally with facilities in North America, Europe, Latin America and Asia.

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