Latest news with #Milliken&Company
Yahoo
5 days ago
- Business
- Yahoo
Introducing Borchi® Dragon Low VOC high-performance catalyst
New offering from Milliken & Company's Borchers coating additives brand delivers outstanding drying performance SPARTANBURG, S.C., May 29, 2025 /PRNewswire/ -- Borchers, a Milliken & Company brand and global leader in advanced coating additives, is proud to introduce Borchi® Dragon Low VOC, a high-performance catalyst designed to offer formulators a drying solution for alkyd coatings that is low in Volatile Organic Compound (VOC) content. Borchi® Dragon Low VOC can provide outstanding drying performance while aiming to meet evolving VOC regulations in solvent borne and solvent-free alkyd formulations. As a manganese-based solution, the product is also designed to be free of cobalt, which faces regulatory scrutiny in several regions. "We are committed to delivering additive options like Borchi® Dragon Low VOC that help meet current labeling requirements and future-proof from potential regulations in final coating formulations," said Jeff Losch, vice president and coating additives business manager at Milliken. "This focus aligns with Milliken & Company's commitment to sustainability, which has earned the company a gold EcoVadis rating for three consecutive years." Borchi® Dragon Low VOC contains only 2% VOC content based on ASTM D2369 standards and can help formulators reduce VOCs without sacrificing drying speed, even in challenging ambient conditions. Additionally, the catalyst offers a higher flash point (enabling safer handling), reduced yellowing, and better hardness when compared to low-VOC alternative driers. Borchi® Dragon Low VOC is up to 92% biobased carbon, as determined by ASTM D6866-24 B standards. VOCs can be released from paint in room-temperature conditions even after the paint has dried. Governments worldwide, including those in the United States and European Union, have implemented regulations to lower VOC levels in coatings to help protect public health. Traditionally, cobalt driers are added to alkyd formulations to accelerate cure times. However, the use of cobalt compounds in coatings has also faced regulatory scrutiny due to health toxicity concerns, being classified as a Category 1B carcinogen in the European Union and currently under evaluation by the U.S. Environmental Protection Agency (EPA). Borchi® Dragon Low VOC is an excellent addition to Borchers' comprehensive range of cobalt-free high-performance catalysts, which includes Borchi® OXY-Coat iron-based driers for a variety of alkyd formulations. Other cobalt-free solutions include the new Borchi® Phoenix accelerator that is designed to enhance drier performance in high solids and solventborne alkyd coatings. For more information about Borchi® Dragon Low VOC and other advanced solutions, visit About MillikenMilliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow's breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people's lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken's curious minds and inspired solutions at and on Facebook, Instagram, and LinkedIn. About BorchersBorchers, a Milliken brand, is a global leader in high-performance additives for the coatings industry. Borchers is dedicated to developing coating additives that meet evolving market demands through innovation, technical expertise, and customer-centric collaboration. View original content to download multimedia: SOURCE Milliken & Company
Fibre2Fashion
22-04-2025
- Business
- Fibre2Fashion
Milliken & Company opens first chemical plant in Asia
Global diversified manufacturer Milliken & Company announced the opening of its new manufacturing facility in Singapore. This strategic capacity expansion is Milliken's first chemical plant in Asia and grows the company's manufacturing footprint to meet increasing demand for advanced material solutions in the region. Milliken & Company has opened its first chemical plant in Asia, located in Singapore, to meet rising regional demand for advanced material solutions. The facility enhances support for customers with Encapsys' microencapsulation technology. This move underscores Singapore's role as a key hub for specialty chemicals and strengthens Milliken's global footprint. 'Opening this new facility represents the beginning of the next chapter of our journey in Asia.' Cindy Boiter, EVP and President (Chemical Business), Milliken & Company. The new operation is Milliken's latest investment in Encapsys' microencapsulation technology and provides greater flexibility and speed in supporting customer needs. Acquired by Milliken in 2021, Encapsys is a world leader in microencapsulation, with more than 70 years of pioneering patented solutions. 'This new facility is a testament to our dedication to meet growing demand in this dynamic region.' Ed Zhao, SVP and Asia Managing Director, Milliken. 'Milliken's decision to establish its first Asian chemical plant here reflects its confidence in Singapore's position as a strategic hub for specialty chemicals in the region. The new plant's advanced manufacturing capabilities will strengthen our chemicals ecosystem and meet growing customer needs in areas such as consumer goods and healthcare. We continue to welcome like-minded partners such as Milliken to tap on Singapore's capabilities and connectivity, to create cutting-edge material solutions for the world.' Kelly Lai, Vice President, Chemicals and Material, EDB. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Korea Herald
16-04-2025
- Business
- Korea Herald
Milliken & Company Releases 2024 Sustainability Report
For the seventh consecutive year, company discloses detailed assessment of sustainability metrics and targets SPARTANBURG, S.C., April 16, 2025 /PRNewswire/ -- Diversified global manufacturer Milliken & Company today released its seventh annual sustainability report that discloses performance against its 2025 Sustainability Goals and 2030 net-zero targets. The report details the company's strides across its people, product, planet, net-zero, and business conduct activities. "Sustainability is at the core of Milliken's business strategy, and our 2024 sustainability report highlights our performance, processes, and progress," said Halsey Cook, president and CEO at Milliken. "The progress we have made would not be possible without the contributions and commitment of our associates, customers, and partners. We recognize that sustainability is a complex challenge and together, we are committed to continuous improvement in our practices." The 2024 Sustainability Report includes updates on each of Milliken's key impact areas, including: "Milliken's 2024 Sustainability Report reflects our progress and demonstrates our commitment to our sustainability journey," said Kasel Knight, SVP, Chief Legal Officer and head of sustainability at Milliken. "We remain committed to driving positive change and motivated by the strides we've made." Milliken's 2024 Sustainability Report can be found at alongside additional net-zero resources and prior years' reports. About Milliken Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow's breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people's lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken's curious minds and inspired solutions at and on Facebook, Instagram, and LinkedIn.
Globe and Mail
11-03-2025
- Business
- Globe and Mail
Milliken & Company Named One of the 2025 World's Most Ethical Companies®
For the 19 th consecutive year, Ethisphere recognizes manufacturer's commitment to integrity and ethical business practices SPARTANBURG, S.C. , March 11, 2025 /CNW/ -- Milliken & Company is honored to be included on Ethisphere's 2025 World's Most Ethical Companies list for the 19th consecutive year, reflecting the diversified global manufacturer's ongoing commitment to integrity and ethical business practices. Milliken is one of only six honorees to make the list every year since the award was first created in 2006. "Our consistent inclusion on the World's Most Ethical Companies list reflects the collective efforts of our associates worldwide who embody our core values," said Halsey Cook , President and CEO of Milliken & Company. "We are grateful to once again be recognized by Ethisphere and stand firm in our resolve to uphold the highest standards of ethics across our operations." In 2024, Milliken continued to make strides in the areas of corporate governance, ethics, and compliance. Key initiatives include the implementation of updated policies on data protection, as well as the launch of new training programs and compliance courses for company associates. Milliken also achieved ISO 27001 certification , conducted a comprehensive third-party risk management audit, and maintained a Gold rating from EcoVadis . "We strive to uphold a culture where doing the right thing is ingrained in our daily actions," said Kasel Knight , SVP, Chief Legal Officer and head of sustainability at Milliken. "Ethical business practices are fundamental to Milliken's role as a trusted partner and industry leader, and this recognition inspires us to continue to identify ways to enhance our standards." The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide more than 240 proof points on their culture of ethics, environmental, social and governance (ESG) practices, ethics and compliance program, diversity, equity and inclusion, and initiatives that support a strong value chain. In 2025, 136 honorees were recognized, spanning 19 countries and 44 industries. "Recognizing Milliken as one of the World's Most Ethical Companies for the 19th time is an honor for Ethisphere. Our mission is to advance business integrity and the Milliken team's dedication to business ethics and continual improvement exemplifies the qualities that define a long-time honoree," said Erica Salmon Byrne , Ethisphere's chief strategy officer and executive chair. "Congratulations once again to Milliken for achieving this recognition." To view the full list of this year's honorees, visit the World's Most Ethical Companies website ( ). About Milliken Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow's breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people's lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, specialty chemical, flooring and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken's curious minds and inspired solutions at and on Facebook , Instagram , and LinkedIn . About Ethisphere Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies build strong cultures of ethics and integrity. Ethisphere honors superior achievement through its World's Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also advances business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset reflecting the ethical business practices of 3+ million employees around the world; and the Ethics Quotient dataset, featuring 240+ data points on the ethics, compliance, social, and governance practices of the World's Most Ethical Companies. For more information, visit .
Globe and Mail
06-02-2025
- Business
- Globe and Mail
Fire-Resistant Fabrics Market Forecast – 2028: Analyzing Major Trends, Opportunities, and Growth Drivers with Expert Review
The Fire Resistant Fabrics market is driven by rising safety regulations across industries like oil & gas, defense, and transportation. Key players include DuPont, Milliken & Company, TenCate, and PBI Performance Products, focusing on innovation and sustainability. Growing demand for protective clothing and infrastructure safety is set to propel market growth further. The fire-resistant fabrics market is projected to grow from USD 3.5 billion in 2023 to USD 4.9 billion by 2028, at a CAGR of 6.6% during the forecast period. This research report covers major aspects of the industry including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with fire-resistant fabrics market growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The market growth is primarily driven by factors such as stringent regulations and standardization pertaining to safety at the workplace, increased demand from industries such as chemicals, construction, and oil & gas, and urbanization & infrastructure development. Treated segment is expected to account for the largest share in 2022 By type, the fire-resistant fabrics market has been segmented into treated fire-resistant fabrics and inherent fire-resistant fabrics. These treated fire-resistant fabrics' chemical makeup does not make them fire resistant. With the use of several chemicals, they are made fire-resistant. Chemical additives are used to treat fabrics so that the fibers are fire resistant. These fabrics depend on chemical reactions to put out fires when exposed to fire. Through use or laundry, the treated fabric's fire-resistant feature may lose some of its effectiveness. Download PDF Brochure: Stringent regulations for workplace safety are driving the demand in apparel application in fire-resistant fabrics market By application, the fire-resistant fabrics market has been segmented into apparel applications and non-apparel applications. Due to the significant demand for protective clothing across a variety of end-use industries, including oil & gas, construction, and manufacturing, the dominance of the apparel application is anticipated to persist over the projection period. Workers in various essential industries, including oil & gas, construction, manufacturing, and others, frequently wear protective garments when they are exposed to dangerous working circumstances. Each local government in a nation has established strict rules requiring businesses to adhere to PPE standards for workers' or employees' safety. Industrial segment is projected to be the fastest-growing market in the fire-resistant fabrics market By end-use industry, the fire-resistant fabrics market has been segmented into industrial, defense & public safety services, transport, and others. The market for industrial end-use fire-resistant fabrics in Asia Pacific is anticipated to experience the greatest CAGR in terms of volume during the forecast period. The expansion of various new manufacturing industries in China and India's rising economies is largely to blame for the region's rapid growth. Because the economy is only slowly expanding, the manufacturing sector is expanding steadily in industrialized nations like the US and Germany. As a result, the market for fire-resistant materials in the industrial segment is anticipated to rise a bit. Asia Pacific is expected to account for the largest share in 2022 Asia Pacific, North America, Europe, the Middle East, and South America have all been examined for the fire-resistant fabric market. China is the biggest market for fire-resistant textiles in the Asia Pacific region and is projected to have a sizeable market share over the forecast period. The market for fire-resistant textiles is rapidly growing in Asia Pacific countries including China, India, Japan, and South Korea as a result of the escalating demand from sectors like chemicals, construction, and oil & gas. Fire-Resistant Fabrics Companies The fire-resistant fabrics market is evolving, with major players playing a vital role in developing new and advanced products. DuPont de Nemours, Inc. (US), Teijin Ltd. (Japan), Royal TenCate N.V. (Netherlands), Kaneka Corporation (Japan), PBI Performance Products Inc. (US), Milliken & Company (US), Gun-Ei Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (US), Lenzing AG (Austria), Solvay SA (Belgium), and W.L. Gore & Associates Inc. (US) are key players in the fire-resistant fabrics market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the fire-resistant fabrics market. DuPont de Nemours, Inc. One of the top producers and creators of sophisticated materials, textiles, polymers, and numerous industrial products worldwide is DuPont de Nemours, Inc. The corporation is listed on the stock exchanges in India, Europe, and the US. The business produces goods including adhesives, cutting-edge printing solutions, building supplies, consumer goods, electronic & industrial, textiles, fibers & nonwovens, medical solutions, etc. The company divides its clientele into three groups: corporate and others, water protection, and electronics & industrial. The industrial solutions sub-segment of the electronics & industrial market is where the company sells fire-resistant fabrics. The business has multiple subsidiaries spread throughout 50 nations, manufacturing facilities, and R&D facilities in 25 nations worldwide across the continents of Asia Pacific, North America, Europe, the Middle East & Africa, and South America. In May 2020, DuPont Personal Protection launched a new product, face coverings which are made with NOMEX in response to the protection needs of COVID-19 workers. These face coverings are proven to be flame resistant, lightweight, and highly durable, providing comfort and protection. Lenzing AG Lenzing AG produces textile-related products. The business manufactures synthetic cellulose fibers for use in technical fibers, nonwovens, and textiles. The business is listed on the Australian Securities Exchange. The company's products are used in a variety of applications, including biorefinery and co-products, nonwoven applications, industrial applications, home textiles, garment applications, and home textiles. Three business segments, including fiber, pulp, and others, make up the company's operations. Through its fiber section, the business sells fabrics that resist fire. The company has sales offices in 15 countries worldwide, spread over the regions of Asia Pacific, North America, Europe, Middle East & Africa, and South America. It also has five significant production sites and nine R&D centers. In November 2020, Lenzing AG introduced block chain technology. The block chain technology allows the traceability of textiles across all stages of production and sales back to the fibers. With this technology the customers, partners, and consumers now have an overview of the entire textile supply chain. Teijin Ltd. Teijin Ltd. is one of the world's leading manufacturers and suppliers of technical textiles, medical products, industrial textiles, and garment materials. The business has a listing on the Japan Stock Exchange. The business is engaged in the development of aramid, resin flame retardant and additives, carbon fibers, and product conversion, as well as in the fields of engineering, health care, IT, and the environment. The business of the corporation is divided into five segments: materials, fibers and product conversion, healthcare, information technology, and others. The business's materials division sells fabrics that are fire-resistant. The corporation has manufacturing locations in more than 15 different nations across 20 different continents, including Asia Pacific, North America, Europe, South America, and the Middle East and Africa. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
