Chroma Color® Corporation Announces the Acquisition of Color Resource, LLC

 Chroma Color® Color Resources

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/

Chroma Color® Corporation Introduces NIR Sortable Black Color Concentrate Solution

Chroma Color® NIR Black

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

Additive Manufacturing Materials

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

Chroma Sustainability

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

Chroma Color® Transparent

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

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.

Chroma Color® Corporation Acquires Plastics Color Corporation

McHenry, IL: January 31, 2020- Chroma Color® Corporation continues to grow its manufacturing footprint along with its portfolio of colorant and additive technologies with its recent acquisition of Plastics Color Corporation, including its two facilities in Asheboro, North Carolina and Calumet City, Illinois. Terms of the transaction were not disclosed.

For more than 50 years, Plastics Color Corporation has consistently delivered innovations in color concentrates, functional additives and custom polymer masterbatch. Plastics Color has held multiple certifications and accreditations that meet or exceed government standards and regulations, including Drug Master Files (DMFs). DMFs streamline the FDA compliance process for colors, additives and concentrates intended for medical and pharmaceutical applications that enable brand owners to get their products to market faster.

Tom Bolger, CEO of Chroma Color®, noted, “PCC has a strong base of customers and is known for solution-based products and strong service, both being pillars of Chroma’s offerings. Their presence in medical and pharmaceutical products, food packaging, CPG, and construction applications will bring more technologies and know-how to Chroma to allow us to better serve our customers and continue our growth.”

Chroma President, Howard DeMonte, said, “We are pleased Plastics Color has joined Chroma. This acquisition further supports our strategy of pursuing sustainable, organic growth by deploying Chroma’s proven patented colorant technologies into new markets such as is the case with this investment.”

About Chroma Color® Corporation

Chroma Color® Corporation is a leading specialty color and additive concentrate supplier serving the global plastics marketplace. Chroma’s extensive technical and manufacturing expertise coupled with its game-changing colorant technologies have enabled and delighted customers for over 50 years in diverse markets that include packaging, wire and cable, building & construction, consumer, medical, healthcare, lawn & garden, durables, sanitation, recreation and leisure, transportation and more.

Chroma Color® Corporation Sales & Service Support Now Available For Latin America (LATM) Region

McHenry, IL: Due to the rapid growth of Chroma Color® Corporation’s business in Latin America, Chroma’s executive team is investing in a higher level of regional support having selected the services of long-time industry executive, Juan Rodriquez.

Juan, based in Monterrey, Mexico, has worked in the plastics industry in both the US and Mexico over the past 17 years. In his prior sales and technical positions with PolyOne and Uniform Color Company, he developed a deep knowledge of plastics processing and has considerable experience serving the auto/heavy truck, packaging, consumer products and healthcare industries.

If you are in Latin America and desire local support for your color concentrate projects, please contact us through our form found on our website and we will ensure Juan reaches out to as soon as possible.

About Chroma Color® Corporation

Chroma Color® Corporation is a leading specialty color and additive concentrate supplier of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer products, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.

Chroma Color® Corporation Welcomes Cass Birchbauer As Its New Chief Human Resource Officer

Cass Birchbauer
McHenry, IL: Chroma Color® Corporation announces the appointment of Cass Birchbauer to the role of Chief Human Resource Officer. She reports directly to CEO Tom Bolger, Chroma Color® Corporation.
“With the expansion of our organization, adding human capital senior leadership with in-depth expertise in acquisitions and leading-edge HR practices is essential to our continuing growth plans,” stated Tom Bolger, CEO, Chroma Color® Corporation.
“In her previous role as the chief human resources officer for Spartech, LLC—another Arsenal Capital Partner owned company— Cass led the HR function through transformational change which resulted in the recent sale of the Spartech business”
Prior to Spartech, LLC, Birchbauer worked in various HR leadership roles for PolyOne Corporation. She was employed at General Electric as a retained consultant for 10 years. Cass earned her doctorate in social work from Case Western Reserve University in Cleveland, Ohio.
About Chroma Color® Corporation
Chroma Color® Corporation is a leading specialty color and additive concentrate supplier of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer products, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.

Chroma Color® Corporation announces completion of a $1 million + capital investment in Leominster, MA manufacturing site & consolidation of the Clinton, MA facility

Chroma Color® Leominster Plant

McHenry, IL: Chroma Color® Corporation has just completed a yearlong expansion and over a $1 million investment in the Leominster, MA manufacturing operation. These investments 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.

Tom Bolger, CEO, Chroma Color® Corporation stated, “As we continue to strengthen our position in the color concentrate marketplace, we determined manufacturing site upgrades would be necessary to serve our customers growing need for technically strong partners. Today, I am proud to say Chroma Leominster has become one of our flagship sites for our customers and a true manufacturing center of excellence.”

Because of the new investments and capacity expansion in Leominster, Chroma Color® Corporation is pursuing opportunities to better serve our customers across the entire manufacturing footprint. Earlier today, representatives of Chroma Color® Corporation met with employees at the Clinton, MA facility to inform them that the Clinton operations will be relocating to the improved Leominster manufacturing site.

A majority of current Clinton employees will be given the opportunity to continue their careers with Chroma. The Leominster facility is just 10 miles from the Clinton site. Transition assistance will be made available for those few employees not offered a transfer.

“This move is intended to streamline operations and better serve customers by integrating key operations into existing manufacturing facilities where we have more advanced lab and technical equipment leveraging robust analytical and formulation resources. The value we can bring to our customers will be strengthened by these improved efficiencies and capabilities,” said Tom Bolger, CEO, Chroma Color® Corporation.

“Because key personnel, equipment, and historical knowledge will be transferring to Leominster operations, we anticipate a seamless transition for current customers served out of Clinton. Detailed transition plans are in place and expected to be completed by year-end,” continued Tom Bolger.

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 of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer products, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.