Ravago Greece Group

Major Milestones


First company of Ravago Group in Greece was Polykem S.A. (Building & Construction Solutions Division) which was founded in 1984. Within 2014-2015, Polykem was merged with its subsidiaries and recently rebranded to Ravago Hellas Building Solutions S.A.

Ravago Plastics Hellas S.A. (Plastics & Elastomers Division) was founded in 1985 and at that time, had its own Commercial Office, a Recycling Unit in Nea Artaki Chalkida and warehouses. Within 1993, the company became Distributorship for Dow Chemicals and since 2000 Ravago Plastics Hellas is responsible for the Distribution/Sales of the Ravago and Resinex Portfolio in Greece. Resinex Group, a member of the Global Ravago Group is the dedicated Pan-European Distributor of Plastic Raw materials & Elastomers. Within 2002, Ravago Plastics Hellas expanded its activities into the Balkan area and in 2016 rebranded to Resinex Hellas S.A.

In the following years, three more companies were founded, Diolkos Kataskevastiki ATE (Building & Construction Solutions Division) in 1997 and P/V Parks Fyllo S.A. & Medon S.A. in 2007. 

In 2012, Ravago Group acquired Monotez S.A. (Manufacturing Division) and its sister company Eastchem in Turkey (today named as Ravago Petrokimya Uretim A.S/ Eastchem). Within the next year,  Ravago Group has expanded its position in the EPS sector in Europe by making one more step. The company has acquired the ex EPS department of the Styron Group located in Germany, under the name Ravapor GmBH and became one of the biggest EPS producers in Europe, with a production capacity over 280.000 tons on annually basis.

By the end of 2013, Veltro S.A. (Chemicals Division) joined Greek Ravago Group and with this acquisition, Ravago Chemicals Division in Greece was officially established. Veltro was recently rebranded to Ravago Chemicals Hellas S.A.

In 2016, Ravago Group further strengthened its position in the Greek market with the acquisition of "AV.IP-Construction Insulating LTD" (Building & Construction Solutions Division). The company started as a family business producing few bituminous products and almost simultaneously with its acquisition, was merged with Ravago Hellas BS. Later on and within the same year, two more acquisitions took place, those of Delta Chemicals S.A. and Pentaplast S.A. (Plastics & Elastomers Division).

The latest investment of Ravago Group in Greece is a new Joint-venture which resulted in the creation of a new company named Ravatherm Hellas S.A. (Building & Construction Solutions Division) 

Ravago Greece Group has a remarkable presence in the Greek Market and after the recent acquisitions counts more than 350 employees.

As above mentioned Ravago Group in Greece is specialized in the following fields of activities: Manufacturing, Chemicals, Plastics & Elastomers and Building & Construction Solutions.