About
Avgol produces ultra-lightweight non-woven fabrics for manufacturers of baby diapers, adult incontinence products, and feminine hygiene supplies. The company has advanced Reicofil lines for spunbond, composite spunbond, and melt-blown fabrics as well as proprietary AVSPUN and AVSOFT hydro-entangled spunlaid fabrics. Avgol controls the entire production process, including selecting raw materials, maintaining sophisticated production lines monitored by its own quality-assurance processes and standards, and overseeing packaging and delivery. The company has a number of longterm partnerships with customers and continues to develop its expertise in producing very lightweight spunmelt materials. Avgol's production facilities include plants in the United States, Israel, Russia, and China.
Company Intelligence Q&A
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- When was Avgol founded and what was its former name?
- Avgol was founded in November 1953 and was formerly known as Oxidon.
- What is Avgol's primary product offering?
- Avgol produces ultra-lightweight non-woven fabrics for manufacturers of baby diapers, adult incontinence products, and feminine hygiene supplies.
- When and by whom was Avgol acquired?
- Avgol was acquired by Indorama in May 2018 for $314,000,000.
- When did Avgol conduct its IPO and on which exchange?
- Avgol conducted its IPO in February 2007 on the TASE (Tel Aviv Stock Exchange).
- What significant operational change did Avgol announce in October 2020?
- In October 2020, Avgol announced it was shifting production from Israel to India.
- When did Avgol inaugurate its new plant in India?
- Avgol Nonwoven inaugurated its new Indian plant in May 2023.
- What award did Avgol receive in December 2022?
- In December 2022, Avgol won a Supplier Excellence Award from Procter & Gamble.
- What was the proposed action regarding Avgol's listing on the stock exchange in September 2023?
- In September 2023, a full tender offer was submitted to acquire Avgol, potentially leading to its delisting from the stock exchange.