Manufacturer to acquire global chemicals company

Borchers who are headquartered in Westlake, Ohio possess a portfolio of additives for the coatings, inks and adhesives markets with a comprehensive range of cobalt-free driers, dispersants, rheology modifiers, wetting agents, polymerisation catalysts and adhesion promoters. This acquisition will result in Milliken gaining Borchers’ expertise in specialty coating additives, to further build on its portfolio, as well as aligning with the company’s strategic objective to develop a global range of growth platforms. Halsey Cook, president and CEO of Milliken & Company said: “I’m thrilled to accelerate our commitment to innovation and sustainability with the acquisition of a company so aligned with our values.” Cook added: “Borchers brings particular technical expertise that will boost Milliken’s strengths and propel our growth.”