INDEVCO North America

What INDEVCO North America does

INDEVCO North America is a privately held protective materials manufacturer operating three divisions—Building Products (Barricade® and Perma R® brands), Packaging Solutions, and Recycling Solutions—headquartered in Doswell, Virginia. The company produces building envelope systems (structural sheathing, building wrap, roof underlayment, rigid foam insulation, flashing tapes), coated and laminated paperboard and specialty papers, and a range of plastic films (FFS bags, barrier films, sealant films, shrink bundling, stretch hood, open mouth and valve bags). Manufacturing technology is grounded in blown film extrusion, paperboard coating and laminating, EPS and GPS foam production, and a closed-loop Recycling Solutions operation that converts post-industrial and post-consumer plastic scrap back into PCR and PIR resin.

INDEVCO North America is a wholly owned subsidiary of the multinational INDEVCO Group (founded 1956, 11,500+ employees, 70+ plants in 9 countries, 50+ commercial companies in 14 countries). The company employs 251-500 people in the US across six manufacturing sites in Virginia, Texas, South Carolina, Mississippi, and Georgia, and serves B2B customers in building & construction, packaging converting, chemical & petrochemical, beverage, processed food, pet food, agriculture, and other industrial sectors. Go-to-market combines enterprise field sales for direct accounts (petrochemical and food manufacturers), distribution through building material distributors and lumber dealers, and shelf presence in home improvement retail chains.

The business model is quote-based B2B manufacturing with revenue from one-time sales of protective materials and a transaction-fee recycling service. Distribution is channel-diversified: home improvement retailers and lumber dealers for building products, BPI Midwest for Barricade expansion, direct sales for industrial films, and the 2024 BIMsmith digital platform for specification-stage reach with building professionals. The company is led by CEO Ned Bassil (appointed September 2022) under Executive Chairman Bahjat Frem, with recent strategic emphasis on building envelope expansion (Perma R acquisition, January 2023; Perma R Brace product launch, March 2024), capacity growth ($25M Orangeburg facility, 2021), and sustainability positioning (EcoVadis Silver 2025, FSC/SFI fiber certification, closed-loop recycling).

Name

INDEVCO North America

Legal name

INDEVCO North America, Inc.

Website

https://indevconorthamerica.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

INDEVCO North America is a privately held protective materials manufacturer operating Building Products (Barricade, Perma R), Packaging Solutions, and Recycling Solutions divisions. It produces building envelope systems, coated paperboard, and plastic films, serving B2B customers across construction, packaging converting, and industrial sectors as the US arm of INDEVCO Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Doswell

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Building Products: Revenue from manufacturing and selling building envelope products including rigid foam insulation, building wraps, roof underlayment, structural sheathing, and flashing tapes through Barricade and Perma R brands.
2. Packaging Solutions: Revenue from manufacturing and selling converting materials for folding carton, corrugated, and plastic packaging including coated paperboard, barrier films, sealant films, FFS bags, and shrink/stretch hood films.
3. Recycling Solutions: Revenue from collecting, sorting, and recycling packaging waste and scrap from customer sites, producing regenerated PCR and PIR resins that feed back into packaging manufacturing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

INDEVCO North America manufactures protective materials across three divisions: Building Products (Barricade and Perma R brands offering structural sheathing, rigid foam insulation, building wraps, roof underlayment, and flashing), Packaging Solutions (coated and laminated paperboard, FFS films, barrier films, shrink bundling films, stretch hood films, and specialty plastic films for industrial and food packaging), and Recycling Solutions (collection, sorting, and recycling of plastic and packaging waste into PCR/PIR resins for closed-loop reuse).

Product overview

INDEVCO North America is a protective materials manufacturing group with three main divisions: Building Products (Barricade and Perma R brands), Packaging Solutions, and Recycling Solutions. Building Products offers one of North America's most comprehensive building envelope portfolios including structural sheathing, rigid foam insulation, building wraps, roof underlayment, and flashing products. Packaging Solutions manufactures converting materials for folding carton, corrugated, and plastic packaging, including coated paperboard, FFS films, barrier films, shrink bundling film, stretch hood film, and various specialty films. The Recycling Solutions division creates a circular economy by collecting packaging waste from customers and regenerating it into recycled resins for new packaging production. The company also operates a Construction & Demolition Waste Recycling Center in New Jersey.

Differentiator

Problem solved

Functional benefit

Brands

• Barricade: Building envelope products brand including weather-resistant barriers, structural sheathing, roofing underlayments, and door/window flashing
• Perma R
• INDEVCO Building Products
• INDEVCO Packaging Solutions
• INDEVCO Recycling Solutions

Products and services

• Barricade Building Products Building envelope product line including structural sheathing, structural insulated board (SIB), building wraps, roof underlayment, door and window flashing, and construction seam tapes for residential and commercial construction.
• Perma R Products (Rigid Foam Insulation) EPS and GPS non-structural rigid foam insulation for interior, exterior, and subterranean applications, along with building wrap and roof underlayment for home improvement retail, building material distributors, lumber dealers, national builders, and contractors.
• Coated Paperboard Repulpable paperboard with optimized printability for folding carton and formed tray converters. Features oil and grease-resistant coatings, water and moisture resistance, and sustainable coatings. FDA-compliant for direct food contact.
• Fiber Drum Liner Fiber drum liner with superior barrier protection using eco-friendly kraft linerboard combined with films, foils, and/or coatings. Engineered for die-cutting and crimping performance, suitable for moisture resistance, chemical resistance, electrical conductivity, or release characteristics.
• Roll Wrap Protection Paper roll wrap and roll headers for paper mills that eliminate delamination and wax bleed-through. Manufactured with virgin or recycled linerboard laminated with PE or PCR extrusion coating for moisture protection with repulpability.
• Slip Sheets and Tier Sheets Paperboard slip sheets and solid fiber tier sheets for transport packaging providing up to 5-sided coverage, high stacking strength and stability, and anti-skid performance.
• Barrier Film Plastic barrier films designed to protect food, extend shelf life, and reduce food waste greenhouse gas emissions. Used in pouches, wrappers, and bags.
• Form-Fill-Seal (FFS) Film Form-Fill-Seal film for heavy-duty industrial applications. Contains up to 50% recycled content (PIR or PCR) with 35% raw material reduction and 37% GHG emission reduction per bag shipped.
• Open Mouth Polybags and Plastic Valve Bags Heavy-duty open mouth bags and plastic valve bags for industrial packaging applications including petrochemical bulk packaging.
• Sealant Film and Centerfold Sheeting Plastic sealant films and centerfold sheeting for packaging converting applications including pouches, wrappers, and bag production.
• Shrink Bundling Film Polyethylene shrink bundling film with up to 50% post-consumer recycled (PCR) resin. Features excellent puncture and abuse resistance, tight bullseye closures, and consistent performance across high-speed packaging machines.
• Stretch Hood Film 100% recyclable stretch hood film offering 5-sided coverage with up to 160% stretch ratio. Provides superior tear and puncture resistance, UV protection, and protects against dust, dirt, and moisture. Max film circumference of 204 inches.
• Composite Can End Caps End caps for composite cans used in food and industrial packaging applications.
• INDEVCO Recycling Solutions Circular economy program that manages collection, sorting, recycling, and transport of packaging waste and scrap. Converts plastic waste into regenerated post-consumer recycled (PCR) and post-industrial recycled (PIR) resins for re-use in packaging. Also operates a Construction & Demolition Waste Recycling Center in New Jersey.

Quantifiable outcome

• 35% raw material reduction and 37% GHG emission reduction per bag shipped with Form-Fill-Seal Film
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core.

• Alliance to End Plastic Waste (AEPW)coreStrategic or Co-development Partner · 10 March 2020INDEVCO Group joined the Alliance to End Plastic Waste, a global not-for-profit organization with a vision to end plastic waste in the environment. INDEVCO North America participates through its mother company membership.
• Forest Stewardship Council (FSC)coreStrategic or Co-development Partner100% of INDEVCO's fiber suppliers hold chain of custody certificates from FSC or Sustainable Forestry Initiative (SFI), ensuring responsible sourcing of paper and paperboard materials.
• Sustainable Forestry Initiative (SFI)coreStrategic or Co-development PartnerFiber supply chain certification program ensuring responsible forestry practices for paper and paperboard raw materials.
• Sustainable Packaging Coalition (SPC)coreStrategic or Co-development PartnerINDEVCO North America is a member of SPC, participating in sustainable packaging initiatives and industry collaboration.
• Operation Clean Sweep (OCS)coreStrategic or Co-development PartnerPlastic film extrusion plants in Longview, TX and Orangeburg, SC are signatories to Operation Clean Sweep, committed to keeping plastic materials out of the environment.
• UN Global CompactcoreStrategic or Co-development PartnerINDEVCO North America supports the UN Global Compact principles for responsible business conduct.
• GRI Sustainability ReportingcoreStrategic or Co-development PartnerINDEVCO follows GRI sustainability reporting guidelines for transparency in environmental, social, and governance disclosures.
• UN Sustainable Development Goals (SDG)coreStrategic or Co-development PartnerINDEVCO supports UN Sustainable Development Goals, particularly SDG 12 (Responsible Consumption and Production) and SDG 17 (Partnerships for the Goals).

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INDEVCO North America