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2023 Environmental, Social & Governance (ESG) RoadMap Availability & Future Goals Announced by Chroma Color

chromacolorstg on May 2, 2023

Chroma Color Environmental, Social, Governance

In 2022, Chroma Color Corporation made significant steps to promote sustainability and be responsible stewards of our Earth. This includes our commitment to providing sustainable color concentrate materials to our customers, reducing our own waste and energy consumption, and implementing environmentally responsible practices other companies in the plastics industry can also follow.

Our senior leadership team continues to evaluate all current operation and manufacturing practices to continue to build on our 2022 Environmental, Social, and Governance (ESG) roadmap.
Several months ago, our senior leadership team re-evaluated all current operation and manufacturing practices and updated our Environmental, Social, and Governance (ESG) roadmap for 2023. Chroma Color’s updated roadmap is now available for download: ESG Roadmap PDF

“Our Chroma Color Board Members are also very committed to support of our programs. In addition, we continue to share our ESG results with our investor Arsenal Capital,” states Shruti Singhal, CEO, Chroma Color. “I am very optimistic that we will achieve our ESG goals again for 2023 and stay focused on making the world better for our children and future generations.”

To view and/or download the report on our website:
https://chromacolors.com/sustainability-2/

About:
Chroma Color Corporation is a leading specialty color concentrate supplier serving diverse markets, including wire and cable, packaging, healthcare, pharmaceutical, consumer products, and others. With the recent acquisition of Epolin, Chroma is also the recognized leader in the near-infrared (NIR) absorptive dye industry, producing proprietary blends to suit the eye protection and light management sectors.
Chroma Color team is dedicated to operating our facilities in a safe and environmentally friendly manner. All of Chroma Color facilities meet the ISO 9001:2015 standards and the Asheboro facility also meets the ISO/IEC 17025:2017 standard. Chroma Color’s growth strategy includes robust organic and inorganic growth through nine acquisitions over five years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant, has delighted customers for more than 50 years.

Chroma Color Corporation develops, manufactures and sells TPU color concentrates

chromacolorstg on March 12, 2023

Whether you application is wire and cable, shoes, toys, medical devices, outdoor films or soft-touch consumer goods, the Chroma Color team of experts can help you create TPU products that meets your aesthetic and performance requirements.

For more information read or download this product PDF about our color concentrates for use with TPU materials. Have a TPU application you need help finding the right color match for? Contact Chroma Color:  https://chromacolors.com/contact-us/

Chroma Color Offers Solution for Dark Color Plastic Products to Reduce Heat-Buildup from Infrared Rays

chromacolorstg on January 30, 2023

The Challenge:

Companies that manufacture exterior plastics products, such as plastics chairs, playground equipment, decking, fencing, siding, windows, etc., know they become hot to the touch and can fail earlier due to long-term exposure to solar rays. This is especially true for products manufactured with dark colors.

Color concentrates for outdoor products

Why?

Dark colors absorb more energy from solar rays compared to lighter ones. These higher absorption of rates solar rays makes dark plastic products hot to the touch and can lead to early failure.

There are three measurements to take under consideration when choosing a color: TSR, E, and SRI values.

  • TSR- Total Solar Reflectance is expressed as a percentage between 0 and 100%. These rates indicate a products ability to reflect solar energy.
  • E- Infrared Emittance is rated between 0 and 1 and rates the ability of a product to cool itself.
  • SRI -Solar Reflective Index combines TSR x E. SRI index is from 0 (standard black) to 100 (standard white).

Luckily, there are solutions available to prevent this heat-buildup and failure.

The Solution:

Chroma Color has decades of experience in providing customers with color concentrates for exterior durable goods that must withstand elements for an extended period. Today, Chroma Color offers manufacturers of exterior plastic products formulations that reduce Total Solar Reflectance (TSR). This technology from Chroma Color minimizes the heat build-up on the surface of dark colored plastic products.

Color concentrates ASTM testing for heat build up

Photo Caption: Chroma Color’s ASTM testing apparatus for measuring temperature rise

To ensure your color concentrates meets the criteria for reducing heat build-up on dark plastics, our technical team uses the ASTM D-4803-97 method to measure the temperature increase. This testing provides useful comparative data on heat build-up of various polymers and color formulations. Carbon black plastic color typically has the highest rating of heat buildup. Therefore, this ASTM test method compares the heat buildup of your chosen color against a carbon black plastic control sample.

To inquire about Chroma Color’s infrared-reflecting color concentrates and this testing method contact us here: https://chromacolors.com/contact-us/

Chroma Color:

Chroma Color Corporation is a leading specialty color and additive concentrate supplier serving diverse markets, including wire and cable, packaging, healthcare, pharmaceutical, consumer products, and others.

With the recent acquisition of Epolin, Chroma Color is now the recognized leader in the near-infra-red (NIR) absorptive dye industry, producing proprietary blends to suit the eye protection and light management sectors.

Chroma Color’s growth strategy includes robust organic and inorganic growth through nine acquisitions over three years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant, has delighted customers for over 50 years. For additional information, please visit www.chromacolors.com.

Chroma Color Corporation Appoints Joe Herres as Vice President, Sales & Marketing

chromacolorstg on January 10, 2023

Chroma Color Joe Herres VP Sales & Marketing

McHenry, IL: Chroma Color Corporation, leading formulator and supplier of specialty color and additive concentrates and IR absorbing and modifying dyes, has appointed Joe Herres as Vice President of Sales & Marketing.

Chroma Color Corporation President & CEO Shruti Singhal stated, “creating a compelling commercial strategy built on the voice of the customer is critical in today’s complex global business climate and we are pleased to have Joe join our leadership team bringing key strengths grounded in that mindset. Joe’s deep experience in the plastics industry, his diverse background in polymers and manufacturing processes, and his strong focus on customer needs drive the success of the organizations he leads and the customers he serves.”

Joe most recently was the Vice President of Sales and Marketing for Spartech, LLC where he held leadership roles in the commercial organization for the past 20 years under different ownerships including several private equity owners. Joe’s strong track record of providing commercial vision, leadership and execution led to significant growth and market expansion in their evolution as he achieved exemplary business results through five different integrations resulting from acquisitions and ownership changes. We look forward to Joe being a member of the leadership team and continuing his successful track record with Chroma. Joe attended Washburn University’s Business Administration and Management program.

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier that serves a diverse range of markets, including packaging, healthcare, pharmaceutical, wire, cable, consumer products, and others.

Chroma Color’s strategy includes robust organic growth as well as inorganic growth, that includes nine acquisitions over the past three years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant and light management technologies, have delighted customers for over 50 years. Chroma Color Corporation is an
Arsenal Capital Partners portfolio company. 

For more information, please visit: https://chromacolors.com/

Chroma Color’s patented G-Series Technologies deliver the Ultimate Solution for Compounders

chromacolorstg on November 9, 2022

Chroma Color’s patented G-Series Technologies deliver the Ultimate Solution for Compounders . . . cleanliness of pellets, reduced cost-to-color, and enablement of sustainability without sacrifice.

Advantages of G-Series Masterbatches

  • Favorable financials with the ease, cleanliness, and convenience of Pelletized Color.
  • Reduced energy consumption through lower processing temperatures and reduced change-over times.
  • Lowest usage rates in the industry yield lower coloring costs and less warehouse space.
  • High loadings and robust formulations overcome the coloring challenges of PCR usage.  These include regeneration of polymer properties, enhanced manufacturing process-ability, end-use performance characteristics, and desired finished goods aesthetics.
  • Formulated to provide optimum color and additive distribution within the final compound and/or molded part.

Chroma Color’s G-Series masterbatches provide vibrant, long-lasting colors essential to meeting the demands of compounders, processors, and OEMs.

  • Excellent dispersion and color distribution for optimal aesthetics
  • Reduced carbon footprint (energy, freight, warehouse space, etc.)
  • Matched using our coloring expertise (including special effects)

G-Series Masterbatches are ideal for the following resins

G3 Technology

  • Polyolefins & Polystyrene
  • Elastomeric Resins – TPE, TPO, TPU
  • Engineered Resins – PA, PC, PBT, ABS, ASA, and Alloys,
  • FR Compounds
  • Glass & Mineral Filled Compounds
  • Medical Polymers

 G2 Technology

  • PE, PP, TPE, and TPO with high levels of UV/AO functional additives

ChromaTransparent

  • PC, PMMA, PET, PETG, Copolyester, MBS (Impact Modified Styrene Acrylic Copolymers), and other clear resins

Download the Full PDF

Chroma Color Corporation Promotes Clayton Tyler to Sales Director

chromacolorstg on September 27, 2022

Chroma Color Corporation, a leading specialty color and additive concentrate supplier, has continued to grow sales year over year. With this accelerating growth, Chroma Color has strengthened the sales organization in order to provide our best resources to support and enable our continued growth and future market expansions.

Chroma Color is pleased to announce the promotion of Clayton Tyler to Sales Directors role. Clayton will report to Bishop Beall, VP of Sales & Business Development. Clayton will be responsible for Sales Director for the Eastern Region and support our Healthcare focused initiatives. In addition, he will assist in executing Chroma Color’s growth strategy, managing, and coaching of his sales team, and providing enhanced service to our customers.

“Over the past couple of years Clayton has demonstrated the leadership, business acumen, product expertise, and industry knowledge necessary to effectively lead our sales team and equipping our sales personnel with the right tools to deliver the best color & additive concentrate solutions for our customers. His leadership will contribute to Chroma Color’s competitive advantage, especially during these challenging times,” states Bishop Beall, VP Sales & Business Development.  “If you are currently looking for new coloring methodologies or are facing challenges that need to be solved, our sales team is ready and well equipped to deliver those solutions and to serve you with excellence.”

Bishop Beall continues: “We are very excited that we were able to find great sales director talent such as Clayton within our own organization who can support our sales team and customers in finding the best color concentrate solutions for their business. We are looking forward to their continued success and positive influence on our business.”

Chroma Color:

Chroma Color Corporation is a leading specialty color and additive concentrate supplier serving diverse markets, including wire and cable, packaging, healthcare, pharmaceutical, consumer products, and others.

With the recent acquisition of Epolin, Chroma Color is now the recognized leader in the near-infra-red (NIR) absorptive dye industry, producing proprietary blends to suit the eye protection and light management sectors.

Chroma Color’s growth strategy includes robust organic and inorganic growth through nine acquisitions over three years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant, has delighted customers for over 50 years.

D6 Lowers Cost and Improves Retail Shelf Appearance with Support from Chroma Color’s Technical Team

chromacolorstg on September 15, 2022

D6 Inc., founded in 2014, has become the fastest design-to-shelf packaging manufacturer globally by transforming the packaging industry through transparency in the recycling chain.

D6 has a solid network for a circular economy that takes waste and diverts it from landfills and up-cycles it into new containers, parts, and other products that go into consumers’ households or added to retail shelves. In addition, D6’s PCR (Post-Consumer Recycled Content) meets food-grade requirements and can create other kind of products.

The Challenge

One well-known fact for brands using recycled materials…they can have a slight gray tint, black spec, or other minor blemishes that can impact the look on shelves. To eliminate any negative perception from consumers, D6 reached out to Chroma Color Corporation for a solution. D6 chose a slight blue tint color concentrate to help the PCR thermoformed clamshell products look great on the shelves.

D6 was pleased with the results, but after some discussion, they wanted to see if Chroma Color could meet some new goals:

  • Reduce cost through lower let-down ratios
  • A lower amount of inventory needed to have on hand for production
  • A reduction in overall Labor cost
  • Lower transportation cost and carbon footprint
  • Lessen the overall environmental impact of the products produced

The Solution

Chroma Color’s technical team evaluated the current situation. They recommended the company’s environmentally friendly G-Series after some discussion and analysis.

By making the switch over to the G-Series for use with PCR, D6 was able to:

  • Produce PCR package that still looks great on retail shelves
  • Reduce production cost by lowering let-down rates by 1/3
  • Process products at a much lower temperature, thus decreasing overall energy cost
  • Lower freight cost by 1/3 due to smaller shipments sizes
  • Use less color concentrate
  • Reduce labor costs during shipping and processing
  • Lower some warehouse storage needs
  • This extra warehouse space could also provide for excess inventory during times of short supplies
  • Lower carbon footprint

Summary

By switching to the G-Series for PCR, D6 reduced cost, made the production of their containers simpler, and lowered their carbon footprint.

“D6 appreciated the time and effort of the Chroma Color Sales and Technical team to help us find a better solution for our PCR products,” stated Edward Dominion, Founder & CEO, D6 INC. “We now have a great PCR product to sell to our customers that looks great on the shelf, lowers our cost while offering additional sustainable benefits.”

To learn more about D6; https://d6inc.com/.

To learn more about Chroma Color G Series for PCR and other sustainable options

CLICK HERE

Chroma Color Announces Integration of Delaware, OH Facility into Other Manufacturing Sites

chromacolorstg on August 23, 2022

McHenry, IL: As Chroma Color Corporation has been successfully navigating the global crises, senior leadership has been improving the business and improving the way they serve their valued customers.   Chroma has made significant progress in stabilizing its supply chain, optimizing manufacturing operations, shortening lead times, improving service to customers, and delivering on its “Drive to Zero” safety program.

Chroma Color‘s decision to establish Manufacturing Centers of Excellence was accompanied by significant investments in personnel, capital equipment, and business management systems that are designed to enhance their ability to seamlessly migrate production across manufacturing sites that are best suited for specific resins, markets, technologies, and regulatory compliance.    These transformative changes have also created flexible capacity and agility in Chroma’s operations resulting in faster responsiveness and deeper connectivity to their customers and is reported to have already contributed to a greatly improved customer experience.    With these improvements and capacity expansions through capital investments, the decision was made to transfer assets and absorb existing production into Chroma Color’s other manufacturing sites and cease operations at their smallest site located in Delaware, Ohio.

Chroma Color’s Senior Leadership Team notified Delaware, Ohio employees today that operations at the facility will cease later this year as assets and current production are integrated into its other Manufacturing Centers of Excellence located in Salisbury, NC; Asheboro, NC; Leominster, MA; Lambertville, NJ; Newark, NJ and McHenry, IL.  It is expected that production in Delaware will end in late October with the facility fully closing by year-end.

We want to thank our Delaware employees for their years of service and are hopeful that as many of them as possible will transfer to open Chroma positions at other locations.  For those who cannot, transition assistance will be provided.  These are always difficult decisions and we do not make them without careful deliberation. Our goal is to ensure we are honoring our employees and our customers in the transition process. In addition to offering assistance to our affected employees at the site, we have established a focused support team to ensure a seamless transition for our valued customers, many of whom already have working relationships with the other Chroma locations where work is being transferred. Our sales team will be reviewing the detailed plans with our customers to ensure the transition is smooth and seamless. We are confident that this change will enhance our ability to serve our customers with excellence.

Questions can be sent to www.chromacolors.com/contact-us.