-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ao3BvAvJ4lzeyh1fREdkVO07Bwcxfs7jRdMtJebrBioTUPQkoeFU/mPOk0lgwCBd
 hA5ZFxUNz33ZZjqY6Opgyw==

<SEC-DOCUMENT>0000914121-07-002227.txt : 20071004
<SEC-HEADER>0000914121-07-002227.hdr.sgml : 20071004
<ACCEPTANCE-DATETIME>20071004183230
ACCESSION NUMBER:		0000914121-07-002227
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071002
FILED AS OF DATE:		20071004
DATE AS OF CHANGE:		20071004

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLENCORE FINANCE AG
		CENTRAL INDEX KEY:			0001284714
		STATE OF INCORPORATION:			V8

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08485
		FILM NUMBER:		071157624

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLENCORE HOLDING AG
		CENTRAL INDEX KEY:			0001284715
		STATE OF INCORPORATION:			V8

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08485
		FILM NUMBER:		071157623

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILACRON INC
		CENTRAL INDEX KEY:			0000716823
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				311062125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2090 FLORENCE AVENUE
		STREET 2:		PO BOX 63716
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45206
		BUSINESS PHONE:		5134875000

	MAIL ADDRESS:	
		STREET 1:		2090 FLORENCE AVENUE
		STREET 2:		P.O. BOX 63716
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILACRON INC /DE/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILACRON HOLDINGS INC
		DATE OF NAME CHANGE:	19830503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILLING MACHINE CO
		DATE OF NAME CHANGE:	19600201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLENCORE INTERNATIONAL AG
		CENTRAL INDEX KEY:			0001032383

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08485
		FILM NUMBER:		071157625

	BUSINESS ADDRESS:	
		STREET 1:		BAARERMATTSTRASSE 3
		STREET 2:		P O BOX 555 CH 6341 BAAR
		CITY:			SWITZERLAND
		BUSINESS PHONE:		4142227722

	MAIL ADDRESS:	
		STREET 1:		BAARERMATTSTRASSE 3
		STREET 2:		P O BOX 555 CH 6341 BAAR
		CITY:			SWITZERLAND
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p10502960-4_milacronex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-10-02</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000716823</issuerCik>
        <issuerName>MILACRON INC</issuerName>
        <issuerTradingSymbol>MZ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001284714</rptOwnerCik>
            <rptOwnerName>GLENCORE FINANCE AG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BAARERMATTSTRASSE 3</rptOwnerStreet1>
            <rptOwnerStreet2>CH-6341 BAAR</rptOwnerStreet2>
            <rptOwnerCity>SWITZERLAND</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001032383</rptOwnerCik>
            <rptOwnerName>GLENCORE INTERNATIONAL AG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BAARERMATTSTRASSE 3</rptOwnerStreet1>
            <rptOwnerStreet2>CH-6341 BAAR</rptOwnerStreet2>
            <rptOwnerCity>SWITZERLAND</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001284715</rptOwnerCik>
            <rptOwnerName>GLENCORE HOLDING AG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BAARERMATTSTRASSE 3</rptOwnerStreet1>
            <rptOwnerStreet2>CH-6341 BAAR</rptOwnerStreet2>
            <rptOwnerCity>SWITZERLAND</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>6.0% Series B Convertible Preferred Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>17.50</value>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-10-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>287500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>62.39</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2004-06-10</value>
            </exerciseDate>
            <expirationDate>
                <value>2011-06-10</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3285714</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On October 2, 2007, Glencore Finance AG sold 287,500 shares of 6.0% Series B Convertible Preferred Stock beneficially owned
 by it to Ohio Plastics, LLC, for an aggregate purchase price of $17,937,500, or approximately $62.39 per share.</footnote>
        <footnote id="F2">The conversion price and number of underlying shares of common stock in respect of the 6.0% Series B Convertible Preferred
 Stock disposed of by Glencore Finance AG has been adjusted in light of a 1-for-10 reverse stock split effected by Milacron
 Inc. in May 2007.</footnote>
        <footnote id="F3">As of the date hereof, Glencore Finance AG continues to beneficially own certain contingent warrants issued to it on March
 15, 2004.  Such contingent warrants were not sold by Glencore Finance AG pursuant to the transaction described in the first
 sentence of note 1 above.  Such contingent warrants entitle Glencore Finance AG to purchase 57,500 shares of common stock of
 Milacron Inc. (after taking into account the reverse split referenced in note 2 above).  As of the date hereof, Glencore
 Finance AG has not exercised any of the contingent warrants beneficially owned by it.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>GLENCORE FINANCE AG, /s/ Andreas Hubmann, Director</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>GLENCORE FINANCE AG, /s/ Barbara Wolfensberger, Director</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>GLENCORE INTERNATIONAL AG, /s/ Lotti Grenacher, Officer</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>GLENCORE INTERNATIONAL AG, /s/ Andreas Hubmann, Officer</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>GLENCORE HOLDING AG, /s/ Willy R. Strothotte, Officer</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>GLENCORE HOLDING AG, /s/ Ivan Glasenberg, Officer</signatureName>
        <signatureDate>2007-10-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----