
Polyrec
Recycled resins from flexible plastics for manufacturers.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Early VC | |
Total Funding | 000k |
Polyrec is a plastic recycling company founded in 2012 and headquartered in Barranquilla, Colombia, that focuses on transforming flexible plastic waste into high-value resources. The company's process involves collecting, sorting by type and color, compacting, washing, and pelletizing plastics like LDPE, HDPE, and PP. This procedure turns the waste into post-consumer resins that are then used by manufacturers to create sustainable, high-performance products, contributing to a circular economy.
Polyrec's business model is centered on providing the manufacturing industry with a consistent and high-quality supply of recycled materials. The company's process includes rigorous steps such as grinding, decanting, centrifuging, and drying to eliminate contamination. The clean plastic is then melted, mixed, filtered, and cut into small spheres called pellets, which are packaged according to client needs. Polyrec serves manufacturers, enabling them to incorporate sustainable materials into their production lines.
The firm has attracted investment from impact investors like Circulate Capital and is in a revenue-generating stage, indicating a scalable and operational business model within the cleantech and environmental services sector.
Keywords: plastic recycling, flexible plastics, post-consumer resins, circular economy, sustainable manufacturing, recycled pellets, LDPE recycling, HDPE recycling, PP recycling, cleantech, environmental services, industrial recycling, plastic waste management, resource transformation, sustainable materials, Colombian startups