Plastics Color Corp., headquartered in Chicago, IL, and a global supplier of color concentrates, functional additives and custom polymer masterbatches for the plastics industry, is celebrating its 50th anniversary in the plastics industry.
As a privately-held company, Plastics Color has benefitted from a supportive parent company, PMC Global Inc. The backing from PMC over the past 50 years has allowed Plastics Color to respond to both market changes and economic downturns, which have had national and international implications over the past several decades.
In 1964, Kamco Plastics was formed as a styrene compounding company that provided reprocessed color compounds for the plastics industry. Over the years, the company expanded and grew to manufacture dry color, white concentrates, and other additives. Another milestone was in 1969 when the name officially changed to Plastics Color Corp. with locations in New Jersey, Illinois, and North Carolina at that time.
The 2000s marked continued growth with additional facilities in California and Nanjing, China, and key product innovation propelled Plastics Color as a leading additives supplier. The most recent product developments include a line of anti-counterfeiting taggants, MiBatch, and the expansion of liquid color offerings through the LiquSol carrier system. The company growth and product development over the past 50 years are influenced largely by growing market demand and customer innovation.
Technology has certainly shaped not only the growth of Plastics Color, but the plastics industry in general over the past five decades. "In 1964, the big focus for us as a company was providing a quality product and pushing it out to the market," said Timothy Workman, vice president of business development and technology. "Today, we are much more technologically advanced and are not only able to provide a quality product, but can provide solutions for our customers."
Advanced in technology at Plastics Color are seen throughout the business, from the production floor across the various plants, to new product development, to the creation of real-time digital customer interfaces. Plastics Color today is focused on understanding customers' business, their audiences, markets, cultures, and geography to provide a solutions approach to color needs.
Plastics Color President Joe Byrne said: "This is an exciting time for Plastics Color. We are looking forward to 2015 and how our business will continue to evolve to better serve our customers. We truly care about the relationships we have with our customers, and our ability to provide quality products and solutions in response to real challenges."
A key to Plastics Color's 50-year success is its ability to adapt to an ever-changing consumer-driven market. To support the continued growth of its business, Plastics Color recently established a new leadership team and committed itself to a new quality statement. The company will continue to focus on growth as it enters new markets, developing innovative color solutions for its customers.
Plastics Color will be showcasing its colorants and additives at NPE2015 in booth S-33113.