Avgol

Company Overview

Snapshot

Founded in November 1953, Avgol operates with 201–500 employees. The company has raised $138M across one public funding round. A significant milestone for the company was its acquisition 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 product sectors. 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 full control over its production process, from raw material selection to quality assurance and delivery, and has established long-term partnerships with customers while continuously developing expertise in lightweight spunmelt materials. Its production facilities are located across the United States, Israel, Russia, and China, operating within the Industrial Technologies sector.

Strategic signal

In May 2023, Avgol Nonwoven inaugurated a new plant in India, signaling a strategic expansion of its global manufacturing footprint. This move indicates the company's commitment to increasing production capacity and strengthening its presence in key international markets, which could lead to enhanced supply chain efficiency and market penetration for its non-woven fabric products.

Company Intelligence Q&A

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 plant in India, expanding its production capabilities.

What was the total capital raised by Avgol?

Avgol raised a total of $138M.

What was a notable recognition Avgol received?

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

What strategic shift did Avgol announce in 2020?

In October 2020, Avgol announced it was shifting production from Israel to India.