Novelplast
Manufactures and innovates sustainable plastics, primarily serving European PET firms.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €10.0m | Early VC | |
| Total Funding | 000k | ||
Novelplast is a pioneering company focused on enhancing the sustainability of plastics through innovative recycling solutions and technologies. Based in Gibbstown, Navan, Co. Meath, Ireland, Novelplast operates in the environmental and sustainability sector, serving clients who are looking to minimize their environmental footprint by utilizing recycled plastic materials. The company primarily targets manufacturers, packaging companies, and other businesses that require sustainable plastic solutions.
Novelplast's business model revolves around the collection, processing, and resale of recycled plastic materials. By leveraging advanced recycling technologies, the company transforms plastic waste into high-quality, reusable materials. This not only helps in reducing landfill waste but also provides a cost-effective and eco-friendly alternative to virgin plastics.
Revenue is generated through the sale of these recycled materials to various industries, ensuring a steady income stream while promoting environmental sustainability. The company's commitment to quality and authenticity is underscored by its GRS (Global Recycled Standard) certification, which assures customers of the recycled content and product compositions.
Keywords: plastic sustainability, recycling technologies, environmental footprint, GRS certified, recycled materials, eco-friendly, advanced recycling, plastic waste, sustainable solutions, cost-effective.