Sign up for PlasticsToday newsletter
Sponsored By
Aurora Material Solutions Buys Recycler Lastique
One of the largest rigid PVC recyclers in North America, Lastique is Aurora’s seventh deal in seven years.
Geoff Giordano
December 5, 2024
1 Min Read
Image courtesy of Aurora Material Solutions
Polymer compound supplier Aurora Material Solutions has acquired Lastique International Corp., adding the recycled material reseller to its Sustainable Product Solutions platform.
Lastique is one of the largest rigid PVC recyclers in North America; it also recycles polypropylene and polyethylene. Aurora, based in Streetsboro, OH, has made seven transactions since 2017 and now employs close to 500 people across nine sites in North America. Lastique will operate as a standalone business, retaining key management personnel.
“The Lastique acquisition creates an even stronger combined company with increased opportunities for our employees while providing additional service and product offerings for our customers,” said Aurora CEO Darrell Hughes.
Since 1983, Lastique has become a leading supplier and recycler of a variety of prime, generic-prime, wide-spec, reground, pulverized, and reprocessed grades of thermoplastic resins and compounds. With these added capabilities, Aurora can:
Offer closed- and open-loop solutions;
bundle virgin and recycled compounds;
buy and source customers' scrap and sell compounds with or without recycled content.
The acquisition also affirms Aurora’s +Vantage Vinyl Gold certification status.
“Aurora and Lastique have closely aligned company cultures, with a strong commitment to customers and employees,” said Lastique founder Bob Manouchehri. “Aurora’s track record of accomplishments will ensure ongoing success with sustainable product innovation, strong customer service, and leading product quality.”
About the Author
You May Also Like
