Milliken has completed the acquisition of SiVance, a privately-held provider of speciality silane, silicone and siloxane intermediates.
Milliken president and CEO Joe Salley said that this acquisition will expand the company's market space for the chemical division, while also building on its commitment to innovation, technology, and sustainability.
Milliken chemical division president John Rekers said that the acquisition of SiVance gives Milliken new technical and innovation capabilities and will enable them to deliver additional products that bring value to customers.
Financial terms of the transaction are yet to be disclosed.
