This startup manufactures food-grade polymers from recycled polyethylene terephthalate (PET) plastic waste, contributing to a circular economy by transforming plastic pollution into reusable packaging materials. Their process ensures compliance with regulatory standards, effectively reducing the environmental impact of plastic waste in oceans and landfills.
Funding
$3.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The current linear economy results in significant plastic waste ending up in landfills and oceans, contributing to environmental pollution and resource depletion. Traditional recycling methods often fall short of achieving a truly circular economy for plastics, particularly polyethylene terephthalate (PET). There is a need for more effective and sustainable solutions to manage plastic waste and create reusable packaging materials.
Solution
Enviroo provides a closed-loop recycling solution for post-consumer PET plastic waste, transforming it into food-grade polymers suitable for creating new packaging and bottles. Their process utilizes advanced technology, including a sophisticated washing process and extrusion, to separate PET plastic and produce high-quality recycled polymer blends. By establishing recycling facilities within local enterprise zones, Enviroo aims to minimize transportation and reduce carbon emissions associated with logistics. The company's approach focuses on engaging all stakeholders, including consumers, to develop a comprehensive recycling system that promotes transparency, circularity, and sustainability. Enviroo's carbon offset program further reduces the environmental impact of plastic waste by reducing the amount of plastic hitting landfills and oceans.
Target Audience
Enviroo's primary customers include FMCG (Fast Moving Consumer Goods) brands and bottling manufacturers seeking sustainable recycled materials for food packaging, as well as government agencies and organizations interested in carbon offsetting programs.
Features
- Advanced washing line to process plastic waste and produce flakes
- Extrusion process to transform flakes into pellets and create polymers
- Production of food-grade polymers suitable for direct contact food packaging
- Closed-loop recycling method ensuring transparency and sustainability
- Carbon off-setting program to reduce carbon emissions from recycling plant
- Development of Single Use Plastic Pods to capture more plastic waste