Michelman acquires Ecronova Polymer

Michelman manufactures water-based coatings for paper, film and foil packaging.

The Ecronova Polymer purchase includes all assets, technology and manufacturing facilities. Ecronova Polymer’s lines of water-based polymers include styrene acrylics, pure acrylic emulsions, vinyl acetate copolymers and polyurethane dispersions.

With the acquisition, Michelman gains a physical presence in Germany and increases its European footprint. The company now has product development and manufacturing facilities in the Belgium/Luxembourg region, Germany, the US and Singapore, plus a new technical service center in Shanghai serving the Chinese and greater Asia-Pacific markets.

The name Ecronova Polymer will continue to be used for business operations, and all current Ecronova Polymer products will remain unchanged in name and formulation.

Steven Shifman, president and chief executive officer of Michelman, said: ‘Ecronova Polymer manufactures exceptionally high-quality products that are complementary to the solutions we currently offer our paint and coatings customers. 

‘However, the addition of its product lines, its people, as well as its innovative manufacturing processes, gives us greater technical capabilities that will be strategically utilized beyond just our paint and coatings business. 

‘With this key acquisition, we have enhanced our ability to develop powerful new solutions, and more importantly, new opportunities, for all customers who are using or developing water-based additives and coatings.’