Avangard, Ravago announce new partnership
By Editorial Staff, Resource Recycling
Two plastics recycling firms are teaming up. Ravago Manufacturing and Avangard Innovative's Field Service Division have announced the creation of the new joint venture Ravago Avangard Innovative.
The partnership will focus on more effectively providing resins, materials and product services to converters throughout the world. Avangard chief operating officer Chris Lendo will step in to run the new joint venture as general manager and vice president, with operations based at Avangard's existing Pasadena, Texas facility.
Ravago has over 551,000 tons of annual global plastic recycling and compounding capacity, with 18 facilities in North America, Europe and Turkey. For its part, Avangard manufactures densifiers and balers and operates 14 sorting and recycling facilities, including the Mexican FDA food-contact compliant PET reclaimer Petstar S.A. de C.V.