Ravago, Avangard form JV

By Frank Esposito
Senior Staff Reporter

Published: December 14, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

ORLANDO, FLA. (Dec. 14, 2:35 p.m. ET) Ravago Americas — a distribution, compounding and recycling firm based in Orlando — has formed a recycling services joint venture with Avangard Innovative LP.

Ravago holds a majority interest in the venture, which will operate as Ravago Avangard Innovative and will provide on-site recycling services to clients. The business will include Houston-based Avangard’s Natura recycling field services program.

“We’ll be able to provide a client with waste solutions,” Ravago Manufacturing Americas President Jim Ashton said in a recent phone interview. “We can minimize their waste and then take it away for them.”

Ravago had its own similar program “at a more elementary level,” Ashton explained. But officials realized that “we had to pick up our game and raise the bar,” he said.

“Now, we can have people on the ground at customers’ plants every day. Customers are very happy with the program. It’s all along the lines of sustainability and being green and raising awareness of the waste stream,” Ashton said.

Most of the joint venture’s current customers are on the Gulf Coast, although the service is offered nationwide. Currently, a fleet of trucks based at Avangard’s location in Pasadena, Texas, takes plastics scrap from customers’ plants to Ravago’s recycling plant in Waller, Texas.

Avangard operates almost 20 post-consumer bottle recycling plants, primarily in Mexico. Its roster of almost 100 customers includes Wal-Mart and Mexican baking giant Bimbo. In 2011, Avangard recycled almost 400 million pounds of plastic waste.

The deal is the third in the last 15 months for Ravago Americas. In late 2011, the firm bought Amco Plastic Materials Inc., a distributor and compounder in Farmingdale, N.Y. Then in mid-2012, Ravago acquired Goldsmith & Eggleton Inc., an elastomer processor and trader in Wadsworth, Ohio.

Ravago Americas’ parent firm — plastics conglomerate Ravago Group of Brussels — also owns H. Muehlstein & Co. Inc., a leading North American distributor based in Norwalk, Conn.


Comments

Ravago, Avangard form JV

By Frank Esposito
Senior Staff Reporter

Published: December 14, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Audacious vandal stuns Taipei Plas

September 29, 2014 4:59 pm ET

Melodrama erupted at the traditionally tranquil Taipei Plas trade show on Sept. 28 when a mysterious intruder flung red paint at the Baumüller...    More

Image

Asahi Kasei breaks ground on Alabama compounding plant

September 29, 2014 5:39 pm ET

Asahi Kasei Plastics North America will be able to solve two problems at once with a new compounding plant in Athens, Ala.    More

Image

Shini pushes into western China

September 29, 2014 4:28 pm ET

Despite intellectual-property brigands, Taiwan's Shini Plastics Technologies Inc. is zestfully pursuing the enormous Chinese market for plastics...    More

Image

DuPont shifting Teflon production in China

September 29, 2014 2:35 pm ET

DuPont Co. will spend more than $15 million to improve its fluoropolymer product offerings in China.    More

Image

Sale of PVC maker Oltchim still in limbo

September 29, 2014 10:25 am ET

Fresh attempts to privatize insolvent Romanian PVC producer Oltchim SA have met with new obstacles as the European Union questioned the Romanian gover...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events