Avgol

Company Overview

Snapshot

Founded in November 1953, Avgol operates with 201–500 employees. The company has raised a total of $138 million across one disclosed funding round and was acquired by Indorama in May 2018.

Business overview

Avgol specializes in the production of ultra-lightweight non-woven fabrics, primarily serving manufacturers in the baby diaper, adult incontinence, and feminine hygiene markets. The company leverages advanced Reicofil lines for spunbond, composite spunbond, and melt-blown fabrics, alongside proprietary AVSPUN and AVSOFT hydro-entangled spunlaid fabrics. Avgol maintains comprehensive control over its production process, from raw material selection to delivery, and operates in the Industrial Technologies sector with production facilities spanning the United States, Israel, Russia, and China.

Strategic signal

In May 2023, Avgol inaugurated a new production plant in India, signaling a strategic expansion of its manufacturing capabilities and market reach in Asia. This move indicates the company's commitment to strengthening its global operational footprint and catering to growing demand in key emerging markets, which is a positive indicator for investors looking at long-term growth and market penetration.

Company Intelligence Q&A

What is Avgol's primary business?

Avgol produces ultra-lightweight non-woven fabrics for manufacturers of baby diapers, adult incontinence products, and feminine hygiene supplies.

When was Avgol acquired?

Avgol was acquired by Indorama in May 2018.

What was a significant recent operational development for Avgol?

In May 2023, Avgol Nonwoven inaugurated a new production plant in India, expanding its manufacturing capabilities.

Did Avgol receive any recent industry recognition?

In December 2022, Avgol won a Supplier Excellence Award from Procter & Gamble.

What strategic shift did Avgol announce regarding its production facilities?

In October 2020, Avgol announced plans to shift some production from Israel to India.