TAGS: Sustainability and Bioplastics
Ravago announces its acquisition of Aurora Manufacturing Ltd and Venture Polymers (UK) Ltd, both market leaders in recycling post-consumer waste plastics in the UK.
This acquisition will extend Ravago’s Ravapura™ product portfolio, hereby increasing opportunities to use PCR-based compounds in a variety of markets and applications.
Strengthening Presence in UK
Aurora and Venture produce high quality PCR-based polypropylene (PP) and high-density polyethylene (HDPE) compounds, with a current production capacity of 20,000 tons per year at their production site in Leigh (Greater Manchester).
The recycling expertise of Aurora and Venture combined with Ravago’s capabilities will support the customer demand for PCR, PP and HDPE compounds. With this acquisition,
Ravago has the intention to invest and grow further its operations in the UK.
“
Following two decades of work within the UK plastics recycling industry we are pleased to announce the acquisition of our businesses into the Ravago group. As the recycling market continues to mature within the UK, we are very much focused on expansion and realizing our full potential in the coming years,” said Alex Cook, Aurora Manufacturing.
“
The investment and support of Ravago will play a key part in this and will accelerate our ability to adapt and meet the requirements of the future market for recycled plastics. Ravago’s business is a fantastic story of success, and we are looking forwards to working amongst new colleagues who are driven to help us achieve our goal of becoming the premier provider of recycled polymers within the UK,” added Cook.
“This is a key step in Ravago’s growth strategy in PCR-based compounds as we continue to support our customers with solutions to meet the ever-increasing demand for post-consumer recycled plastics. We look forward to working together with the current Aurora & Venture colleagues and grow their teams in the future.” – Manuel Gayo, business director for Ravago Manufacturing Europe.
Source: Ravago
