Star Plastics announces partnership with Italian company LATI
RAVENSWOOD — Star Plastics in Jackson County is partnering with Italy-based LATI to expand product offerings in North America, Europe and Asia.
“The alliance with LATI will extend new opportunities for our customers and our companies, driving growth and increasing exposure with markets in which we already exist,” Doug Ritchie, president and founder of Star Plastics Inc., said in a release.
Star Plastics of Ravenswood is a custom color compounder of engineering-grade thermoplastics with a customer base in North America and Asia in the electrical, electronics and appliance markets, among others. LATI manufactures engineering thermoplastics, and its nylon and specialty polymer materials fit with Star’s PC, ABS and PC alloy FR materials, “creating a new opportunity for both companies’ customers to expand their reach into innovative applications within existing markets,” the release said.
“We found in Star Plastics a perfectly complementary product offering to that of LATI and the same approach to the market, based on creating solid partnerships with customers, to develop innovative solutions,” LATI Industria Termoplastici SpA CEO Michela Conterno said in the release. “This will allow both companies to expand their market reach and improve their global presence.”
Under the agreement, LATI specialty plastic compounds will be available through Star Plastics with a focus in the U.S. and Canada, the release said.