Star Plastics

Star Plastics, a compounder of engineered thermoplastics and portfolio company of Akoya Capital Partners, announced the merger of Trivalence Technologies into Star Plastics, expanding capabilities and market reach.

Star Plastics installed two twin-screw extruders and recommissioned another at its Ravenswood and Millwood, West Virginia facilities since August 2023, increasing production capacity and capabilities for engineering-grade thermoplastics.

Star Plastics installed a new 75mm Leistritz twin-screw extruder at its Ravenswood facility in December 2021, the first phase of a $5 million investment in 2022 to triple capacity and expand product offerings.

Star Plastics, a processor and compounder of engineered plastics, was acquired by private equity firm Akoya Capital Partners. Financial terms were not disclosed. Founder Doug Ritchie will remain on the board.

Star Plastics Inc. has partnered with Italy-based LATI Industria Termoplastici SpA to expand product offerings in North America, Europe and Asia. Under the agreement, LATI specialty plastic compounds will be available through Star Plastics in the U.S. and Canada.