Aurora Plastics, LLC, a manufacturer of polymer compounds, announced its merger with Enviroplas Inc. (“Enviroplas”), an engineering compounding business with more than 30 years of growth history, in partnership with Enviroplas management. Aurora Plastics and Enviroplas can now offer customers a broader product portfolio backed by industry-leading customer service. The move represents the company’s launch of an engineered polymers business segment.
“Enviroplas brings an exciting platform expansion in a near-product adjacency with meaningful synergies,” says Darrell Hughes, chief executive officer of Aurora Plastics. “We are excited to partner with the Enviroplas leadership team to drive continued growth.”
Jim Stratman, founder and chief executive officer of Enviroplas, will remain a substantial shareholder and continue to lead the growth as president of Enviroplas, the engineered polymers business of Aurora Plastics, reporting to Hughes. Enviroplas’ leadership team and employee base will continue in their current roles.
“We completed extensive research of the market and growth opportunities prior to initiating this merger,” explains Hughes. “Jim and his leadership team have dramatically accelerated the company’s growth by leveraging their deep industry knowledge, operating rigor, and results focus.”
Enviroplas was founded by Jim Stratman in 1992 and operates out of two sites in Evansville, IN.
The combined company offers a broad range of custom compounding capabilities and technologies, including:
- Engineered Polymers: PC, PC/ABS, PC/PBT, PC/ASA, PC/SAN, PC/PET, ABS, TPU, Copolyester, Copolyester/PC, PEI, PBT, MABS, Polysulfone
- PVC compounds: rigid PVC powder and pellet; CPVC, flexible PVC pellets; clear, opaque, and colored flexible PVC; rigid cellular PVC; PVC/acrylic alloys
- Thermoplastic Elastomers: styrene-butadiene-styrene (SBS) and styrene-ethylene/butylene-styrene (SEBS) block co-polymers; TPO and chlorinated polyethylene alloys (CPE)
- Other Specialty Compounds: custom thermoplastic polyolefin (TPO), low-smoke zero-halogen compounds (LSOH), flame retardant concentrates, and purge compounds