Chromaflo Technologies and CPS Color’s Colorants Business Combine
ASHTABULA, OH/VANTAA, Finland - Global supplier of pigment and chemical dispersions Chromaflo Technologies and integrated tinting specialist CPS Color’s colorant business are combining to create an independent global colorant system and pigment dispersion platform that will serve customers in architectural and industrial coatings and the thermoset plastics markets. As a result of the combination, the former CPS Color Equipment Business Unit will become a stand-alone company under the brand name COROB.
The new colorants and dispersions specialist will operate under the name Chromaflo Technologies and will be headquartered in Ashtabula, OH, with production facilities in the United States, Canada, the Netherlands, Finland, Australia and China. Sales and technical support will also be provided throughout North and South America, Europe, Australia, China, India, and Southeast Asia. Chromaflo Technologies will have global sales, manufacturing and technical capabilities with revenue in excess of $400 million annually.