Spartanburg-based Milliken said the deal will allow it to broaden its portfolio, specifically to offer Rebus products to thermoset and coatings manufacturers in fast-growing markets such as Asia-Pacific.

“This acquisition reinforces Milliken’s commitment to our expanding thermoset plastics customer base around the world,” said Russ Rudolph, global business manager of the Performance Colorants and Additives business at Milliken Chemical, in a news release.

Milliken will continue to operate Rebus’s existing headquarters manufacturing plant in Aston, Pa.

Rebus company founder Jim Steever will assist Milliken in a business development consulting role.