Penn Color looks to Asian expansion
“We are committed to extending our global footprint in Asia,” said Kevin Putman Jr, president.
“That means investing in the people, products, and technologies that will support the companies driving growth in the Asia Pacific region.”
The Asia plan follows Penn Color’s 2019 expansion in Venray, The Netherlands, which added capabilities with engineering plastics color and additive masterbatches as well as specialty coatings.
Putman said, “In Europe, we invested in our customer’s future, ahead of their needs. The situation is similar in Southeast Asia and China, where we see opportunities to use our unique capabilities to help customers get to market faster.”
The plan includes several locations in Asia, with resources and capabilities in sales, marketing, customer support, manufacturing, R&D and product design.
Penn Color is a privately-owned supplier of color concentrates and dispersions.
The liquid dairy market is an illustration of how Penn Color develops technology to solve specific challenges. Pennaholt provides high opacity, high whiteness masterbatch solutions for maximum shelf life and shelf appeal, with low/no TiO2 content. Pennaholt allows brands to tune in the exact whiteness, oxygen scavenging properties, barrier to light, TiO2 content, and cost-to-produce.
Another example is Penn Color’s penneffex line of color and special effects. Formulated for mono- and multi-layer PET packaging, the line uses special effect pigments for home care, personal care, food and beverage, and more. Variations including matte, brushed metal, frosted, metallic, luster, and bubbled.
Penn Color provides custom color masterbatch products for thousands of applications including packaging, building and construction, automotive & architectural coatings, communication, plastic sheets, fibers.
The company also supplies functional additives, which add UV light protection to building and construction materials, light blocking abilities to packaging, light and oxygen barriers to dairy bottles, scratch resistance to surfaces, and other applications, for customers around the world.