In December 2012, Ravago acquired 100% of the shares of Monotez SA and Eastchem AS. Both companies are active in the production and sales of Expandable Polystyrene (EPS). The total capacity of the two companies amounts to over 200.000 ton per year.
In July 2013, Ravago acquired the Styron’s expandable polystyrene resin business in Schkopau, Germany.
By having EPS production plants in Germany, Greece and Turkey, Ravago Group has taken an effective position in Europe, Middle East and African EPS market share.