chromacolorstg – Page 5 – Chroma Color® Corporation

Chroma Color®’s NIR Sortable Black Technology Passes APR Test Protocol for NIR Sorting

chromacolorstg on March 31, 2022

Chroma NIR Bottles

Chroma Color® has developed a specialized formulation path to solving the need for colorant alternatives to Carbon Black as a means to address the recycling of black or dark colors in packaging for improved environmental sustainability.

Chroma Color®’s alternative recipes allow the MRF sorting operations to identify and successfully sort the plastic articles according to the APR NIR Sorting Potential of a Whole Plastic Article. The leading third-party independent lab P.T.I. of Holland, Ohio, conducted all testing and analysis.

ChromaNIR’s Sortable Black Technology is based upon IR reflecting/transparent components using a proprietary combination of specialty dyes and organic pigments. The Chroma Color® path to success allows for expanded exploration of additional Black options, including near-Black and other Dark Color families.

ChromaNIR’s TESTING BASICS:

-The following packages were evaluated using the APR test method: Near Infrared (NIR) Sorting Potential of a Whole Plastic Article (Sort-B-01).

– A total of five recipes were tested using bottles made by extrusion blow molding.

– Three carbon black free formulations were tested in HDPE and One in PP.

– One control formula with carbon black was included.

ChromaNIR’s RESULTS:

– Four Carbon Black Free recipes passed with 100% sortation.

– As anticipated, the one control formula with carbon black failed with 0% sortation.

– A leading independent lab PTI of Holland, OH, tested the plastic articles.

ABOUT ChromaNIR’s OPTIONS:

ChromaNIR’s Sortable Black products, referred to as are available in a variety of resins that include the most commonly used packaging resins, polypropylene, polyethylene, polystyrene, ABS, and PET.

Key features of this color system:

– Inert, heat stable, non-migratory

– Can be used in a variety of polymers

– FDA Compliant

For more information on the testing results, contact us: 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-infrared (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 Color®’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant, has delighted customers for more than 50 years.

Chroma Color® Corporation Announces the Acquisition of J. Meyer & Sons, Inc.

chromacolorstg on November 1, 2021

October 29, 2021, McHenry, IL: Chroma Color® Corporation has acquired J. Meyer & Sons, Inc. a manufacturer of color concentrates and masterbatches for the medical and pharmaceutical markets.

Founded in 1883, J. Meyer & Sons initially was a toy importer from the Black Forest region of Germany. During World War II, the company expanded into the chemical industry, producing driers for the paint and ink industries. During the 1960s, the company moved into plastics to meet the growing demand for customized colors. Today, J. Meyer produces custom and proprietary color masterbatch and compounds.

Chroma Color® is committed to growing our healthcare business through both organic and inorganic activities. The acquisition ofJ. Meyer & Sons further bolsters Chroma Color®’s strengths in supporting our healthcare customers that serve applications like medical devices, medical disposables, and pharmaceutical packaging. The entire team is fully prepared and ready to support J. Meyer & Sons customers during this time of transition and confident their customers will realize immense benefits from Chroma Color®’s wide range of capabilities.

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. Chroma Color®’s growth strategy includes robust organic and inorganic growth through eight acquisitions over three 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 Announces the Acquisition of Color Resource, LLC

chromacolorstg on August 26, 2021

June 28, 2021-McHenry, IL: Chroma Color® Corporation has acquired Color Resource LLC, a manufacturer of color concentrates for the telecommunications, fiber, building, electronics, and specialty wire markets. Color Resource’s manufacturing plant is located in Leominster, Massachusetts. This acquisition significantly expands Chroma Color® Corporation’s current product offerings in the wire and cable marketplace and other key market segments.

Founded in 2009, Color Resource has provided customers stock and custom color concentrates that meet Munsell, NEMA, RAL, and SAE J-1178 specifications for PVC, PE, PP, and EVA resins. These color concentrates often include additives for UV protection, anti-microbial, flame retardancy, anti-static, or chemical resistance for use in harsh environments.

Chroma Color® President, Howard DeMonte, stated, “We are pleased to now offer our current wire and cable customers with new moisture cure options for emerging markets such as low voltage, automotive, and appliance. Additionally, Color Resource’s plant in Leominster, Massachusetts, is very close to the Chroma Color®’s facility. This makes the blending of our companies easier on our team members and seamless for our customers.”

This key acquisition of Color Resource brings other technologies and know-how to Chroma Color®, especially for our customers in the wire and cable market. Our entire team is fully prepared and ready to support Color Resource’s customers during this time of transition. We are confident that customers will realize immense benefit as a result of Chroma Color®’s expanded capabilities to support their needs.

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

Color Resource, LLC:

Color Resource manufactures premium quality color concentrates for the wire and cable, profile extrusion, and injection molding industries. All products are RoHS and REACH compliant. Color Resource offers an in-stock full-range line of Munsell and NEMA colors in PVC, PE, and standard EVA color concentrates exhibiting excellent electrical properties. Color Resource’s moisture cure XLPE compounds meet the needs of the low-voltage, automotive, and appliance wire markets.

https://color-resource.com/

From Prison to Plastics Manufacturing Podcast and Article

chromacolorstg on August 26, 2021

Chroma Color® Corp. has an unusual way of finding workers: It recruits mostly from the local prison.

Finding and keeping a solid workforce is a vexing problem for all manufacturers, but the company leans on hiring convicted felons.

While employing prisoners might scare off some, Vice Chairman Matt Barr said the company started hiring from the penitentiary in 1990 because it was having trouble finding and retaining factory workers. Altruism, seeing people from prison get a new start, has certainly become part of the company’s motivation. But the effort has clear value to the bottom line, he said.

“It’s been a great tool for us to develop a consistent workforce, train them according to our needs and ultimately as important or more important, give these gentlemen an opportunity to get some footing so that when they come out of the prison system they have an opportunity to turn their lives around,” Barr said.

Listen to the podcast on Plastics News site:

https://www.plasticsnews.com/article/20171206/MULTIMEDIA0 3/171209947/former-inmates-start-a-new-life-at-carolina-color

Or check out the articles:

https://www.plasticsnews.com/article/20170515/NEWS/170519947/from-pris on-to-a-plastics-factory

https://www.plasticsnews.com/article/20170515/NEWS/170519946/so ciety-doesn-t-see-the-success-stories

Chroma Color® Corporation Introduces NIR Sortable Black Color Concentrate Solution

chromacolorstg on July 19, 2021

Material Recycling Facilities (MRFs) use IR (infrared) and NIR (near infrared) sorting technology to increase yield, improve throughput rates, and increase profitability. The challenge with this technology is its inability to properly identify and accurately sort black colored plastic products. Carbon black absorbs the light emitted from the IR devices and prevents the successful identification of the type of plastic. These unsorted black plastic products are rejected and, in most cases, end up in landfills.

Brand owners have published aggressive sustainability goals requiring a quantum leap in the recyclability of plastic articles. It is not acceptable to loose plastic articles to landfill solely because they are black or very dark in color. Significant resources have been devoted to creating black branded products, and viable practical solutions are required. Rather than sacrificing the brand’s aesthetic desires, the best option is to maintain brand recognition and replace carbon black with an alternative black coloring technology.

Chroma Color® now offers a solution to this problem. A carbon black alternative that does not sacrifice brand aesthetics but allows the MRF sorter to accurately and repeatedly identify and sort the plastic article.

Chroma Color®’s NIR sortable black technology is based upon IR reflecting/transparent pigments and proprietary combination of dyes and organic pigments.

This product is referred to as “NIR Sortable Black ” and is available in a variety of resins that include the most common packaging resins; polypropylene, polyethylene, polystyrene, ABS and PET.

Key features of this color system:

Inert, heat stable, non-migratory

Can be used in a variety of polymers

FDA Approved

About Chroma Color®

Chroma Color® Corporation is a technology-leading specialty color and additive masterbatch supplier delivering critical aesthetics, technical innovations, and sustainable solutions to plastics processors and brand owners. Chroma Color®’s growth strategy includes robust organic and inorganic growth, having made six acquisitions over the last three years. Chroma Color®’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® Now Has Concentrates Available For 3D Printing and Additive Manufacturing Applications

chromacolorstg on June 8, 2021

As the market for additive manufacturing and 3D printing grows and applications expand, manufacturers have expressed desires to enhance their capabilities with functional, colorful, and performance characteristics for the variety of resins being used. Chroma Color® can now provide filament and resin suppliers with pelletized concentrates to meet these needs.

Chroma Color® supplies concentrates for most 3D printing resins, including PLA (Polylactic Acid), PETG (Polyethylene Terephthalate Glycol), PET (Polyethylene Terephthalate), ABS (Acrylonitrile Butadiene Styrene), HIPS (High Impact Polystyrene), Nylon, TPU (Thermoplastic Polyurethane) and more.

3D printing customers can count on Chroma Color® to provide required small lots to large production orders in a wide range of standard and custom colors. For material suppliers looking for unique custom colors, Chroma Color® will access our extensive color library and state-of-the-art labs to develop pelletized concentrates to meet exact specifications. To learn more, contact us at https://chromacolors.com/contact-us/

About Chroma Color®

Chroma Color® Introduces ChromaPCRPET™ a Line of Color Concentrates Based on 100% PCR PET Carrier

chromacolorstg on March 26, 2021

Chroma Color® Corporation has developed a unique product line explicitly designed for use with recycled materials. ChromaPCRPET™ allows brand owners to further increase the levels of PCR within their package, supporting increased Sustainability Goals.

Chroma PCR PET

Key Features of ChromaPCRPET™ include:

– Ability to use in sheets, bottles and other applications

– Product is commercialized

– Product is FDA compliant with No Objection Letter (NOL)

– Chroma Color® offers correction colors for PCR, chain extenders, processing stabilizers and other additives for recycled PET streams

– Final product 100% PCR content

UltraPET®, formulated with ChromaTransparent (a patented carrier technology) is a highly loaded color concentrate that delivers both lower costs and greater processing flexibility for brand owners and converters.

Download the Product PDF

About Chroma Color®

Chroma Color® Corporation is a technology-leading specialty color and additive masterbatch supplier delivering critical aesthetics, technical innovations, and sustainable solutions to plastics processors and brand owners. Chroma Color®’s growth strategy includes robust organic and inorganic growth, having made six acquisitions over the last 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 Was Issued a Patent for a Pellet Color Concentrate Carrier System Designed to Work in Multiple Clear Plastic Resins

chromacolorstg on March 9, 2021

On March 9, 2021, U.S. Patent and Trademark Office issued patent No. 10,941,257 to Chroma Color® Corporation for its versatile color concentrate carrier system designed to color clear resins such as PET, PETG, Tritan, PC, Acrylics and others without affecting their clarity.

“ChromaTransparent concentrate pellet carrier system is also beneficial for coloring tinted parts that are often challenging to color,” stated Jeff Smink, Chroma Color®’s, VP of Technology. “We anticipate continued growth for this technology moving forward into 2021.”

To support that growth, Chroma Color® is installing a Sidel PET stretch blow molder in its Salisbury, NC facility. The technical team will color match for PET bottle customers using its UltraPET^® technology which is anchored by Chroma Color®’s newly patented carrier system.

UltraPET^® also incorporates Chroma Color®’s patented G3^® technology. Both technologies processes at a much lower temperature than conventional PET pellet concentrates. Lower process temperatures enable molders to reduce the heat stress on the pigments and dyes significantly. UltraPET^® also offers exceptionally high loading of pigments and dyes, that allows processors significant economic benefits of low usage rates (LDR)

OTHER KEY ATTRIBUTES OF THIS COLOR CONCENTRATE CARRIER SYSTEM INCLUDE:

No screw slippage in opaque PET applicationsIn most cases, the extremely low usage rates also eliminate the need for drying and recrystallization of the colorant common to the use of conventional PET pellet concentrates.These concentrates are resistant to alcohol for applications that require that additional benefit and can be formulated to be compliant with FDA regulations.Another great benefit is a reduction in housekeeping costs compared to the inherent messiness of liquid color.Chroma Color® has also recently launched a new line of UltraPET^® expressly designed for use with recycled material, enabling brand owners to achieve their sustainability objectives by using higher PCR PET levels.To learn more about ChromaTransparent download the product info flyer:

ABOUT CHROMA COLOR

Chroma Color® Corporation is a technology-leading specialty color and additive masterbatch supplier delivering critical aesthetics, technical innovations, and sustainable solutions to plastics processors and brand owners. Chroma Color®’s growth strategy includes robust organic and inorganic growth, having made six acquisitions over the last 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, a portfolio company of Arsenal Capital Partners, has acquired Epolin Chemicals LLC, a leader in near-infrared absorbing dyes and thermoplastic compounds

chromacolorstg on June 22, 2020

McHenry, IL: The acquisition of Epolin Chemicals LLC (“Epolin”), with its global leadership in near-infrared absorbing dyes and thermoplastic compounds, significantly expands Chroma Color® Corporation (“Chroma Color®”)’s product offerings in targeted growth markets. Epolin serves customers developing groundbreaking products in sensors, security inks, light filters, touch-screens, night vision products, and eyewear. Epolin will operate as an independent subsidiary of Chroma Color® and continue to maintain and invest in its strong customer and supplier relationships.

This acquisition of Epolin will contribute significantly to Chroma Color®’s leadership in the colorants and additives industry. We are excited to add Epolin’s cutting-edge NIR Dye technology to our expanding product portfolio and the members of the Epolin team to the Chroma family. There is also a tremendous opportunity for cross-selling by our team when IR absorption is part of an application combined with traditional color.”

“Of the many advantages Epolin customers will enjoy as a result of this transaction is access to Chroma Color®’s extensive product development, testing, and validation capabilities. Epolin’s customers can now be served by Chroma Color®’s ongoing R&D efforts to deliver new solutions for the markets that both Epolin and Chroma Color® serve,” stated Greg Amato, CEO, Epolin.

Genesis Capital LLC acted as the investment banking advisor to Chroma Color®, and Grace Matthews provided advisory services to Arsenal Capital Partners. The law firm of Benesch, Friedlander, Coplan & Aronoff LLP acted a legal counsel to Chroma Color®. BDA Partners acted as the investment banking advisor to Epolin.

Epolin:

For more information about Epolin, please visit www.epolin.com

Chroma Color®:

Chroma Color® Corporation is a leading specialty color and additive concentrate supplier serving a diverse range of markets, including packaging, healthcare, pharmaceutical, consumer products and others. Chroma Color®’s growth strategy includes both robust organic and inorganic growth and has been built through six acquisitions over more than two 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. For more information please visit www.chromacolors.com.

Arsenal Capital Partners:

Arsenal is a specialized private equity firm that focuses on investments in middle‐market specialty industrials and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, has completed more than 45 platform investments, and has achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value‐add. For more information, please visit www.arsenalcapital.com

About BDA Partners:

BDA Partners is the global investment banking advisor for Asia. It is a premium provider of Asia-related advice to sophisticated clients globally, with over 20 years’ experience advising on cross-border M&A, capital raising, and financial restructuring. It provides global reach with teams in New York and London, and regional depth through seven Asian offices in Mumbai, Singapore, Ho Chi Minh City, Hong Kong, Shanghai, Seoul, and Tokyo. BDA Partners has deep expertise in the Chemicals, Consumer & Retail, Health, Industrials, Services and Technology sectors. It works relentlessly to earn clients’ trust by delivering insightful advice and outstanding outcomes. BDA Partners has strategic partnerships with William Blair, a global investment banking business, and with DBJ (Development Bank of Japan), a Japanese Government-owned bank with US$150bn of assets. For more information, please visit www.bdapartners.com.

Press Contacts:

For Epolin and Chroma Color® Corporation:Nanette Gregory. 407.432.7706 [email protected].

For Arsenal Capital Partners: Brian Schaffer / Kristen Duarte 646.818.9229 / 646.818.9074. [email protected]. / [email protected].

Chroma Color® Corporation invests more than $1.5 million across manufacturing sites and announces closure of its recently acquired Calumet City, IL operations

chromacolorstg on May 4, 2020

McHenry, IL: To fulfill Chroma Color®’s commitment to continuous improvement and optimization of its manufacturing operations in providing world-class service and products, Chroma Color® has completed significant investments at multiple manufacturing sites and just announced the transition of all production from its Calumet City, IL location (formerly Plastics Color Corporation of Illinois, January 2020) to other Chroma Color® manufacturing sites. In addition, the Plastics Color Corporation business name will be officially changed to Chroma Color® Corporation effective May 15, 2020.

“Since the acquisition of Plastics Color Corporation’s assets and business took place earlier this year, we have been diligently exploring a wide array of opportunities to maximize the value we can bring to our customers with an optimal manufacturing footprint. After careful consideration and recognizing that we have ample capacity available on more advanced manufacturing equipment located at other Chroma Color® manufacturing sites, the decision to close the Calumet City location has been made. This decision puts us in the best position to invest in the locations that will best serve our customers,” said Tom Bolger, CEO, Chroma Color® Corporation.

Bishop Beall, VP Sales, stated, “In preparation for this transition, Chroma Color® has invested more than $1.5 million across our manufacturing sites. These recent investments include new equipment purchases, refurbishment of key equipment and assets, enhancements to our lab capabilities, and a variety of structural upgrades. The equipment upgrades included several twin-screw compounding lines, high intensity mixer, roto-cone blending system, and additional lab equipment. With these investments and the systematic transition plan currently in process, we are confident that this consolidation will allow us to deliver improved products, quality and service to our valued customers.”

Based upon several factors including equipment configurations, process requirements, regulatory requirements, and geographic locations, production is being transferred to Chroma Color®’s operations in Asheboro, NC, McHenry, IL, Leominster, MA and Delaware, OH.

Last year, Chroma Color® completed an expansion at its Leominster, MA site with an investment of more than $1 million that included significant structural upgrades, new compounding lines, a dust collection system, new state of the art color development laboratory, along with improvements to both warehousing and office environments.

“Since the decision was reached, we have been proactively engaged in the technology transfer of product formulas, manufacturing processes, and regulatory compliance processes. Production qualification is well underway for most products. We anticipate a seamless transition for current customers served out of Calumet City based on knowledge transfer and extensive experience at our other locations as well as some potential, limited job transfers. Detailed transition plans are in place and expected to be completed by the end of July,” continued Tom Bolger.

Earlier today, representatives of Chroma Color® Corporation met with employees at the Calumet City facility to inform them of the decision and to share the transition assistance the company will be providing to those impacted. Completion of the Calumet City closure is anticipated to occur by July 31 following the successful transition of all product manufacturing.

Questions should be directed to Cass Birchbauer, Chief Human Resource Officer, Chroma Color® Corporation at 330.421.8778.

About Chroma Color® Corporation

Chroma Color® Corporation is a leading specialty color and additive concentrate supplier serving a diverse range of markets that include packaging, healthcare, pharmaceutical, consumer products, wire & cable, building & construction, lawn & garden, appliance, sanitation, recreation & leisure, transportation and more. Chroma Color®’s growth strategy includes both solid organic growth and through targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have delighted customers for over 50 years.

CALL NOW : 815-385-8100