Sostenplas

Sostenplas

Recycling e-waste plastics into high-quality secondary materials.

HQ location
Valverde del Majano, Spain
Launch date
Employees
Company register number
B40280745
  • Edit
DateInvestorsAmountRound
*

€550k

Growth Equity non VC
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
EUR20232024
Revenues00000000
% growth-24 %
EBITDA00000000
Profit00000000
% profit margin8 %14 %
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

Notes (0)
More about Sostenplas
Made with AI
Edit

Sostenplas is a Spanish company specializing in the recycling of plastics from Waste Electrical and Electronic Equipment (WEEE). The company was established in 2020 as an offshoot of the plastics broker Fosimpe, with its CEO being Pablo Leon. This move was driven by a market opportunity that arose from the 2019 amendment to the Basel Convention, which restricted the global trade of mixed scrap plastics.

Operating from a 100,000-square-foot facility in Segovia, Spain, which opened in 2021, Sostenplas has become one of Europe's top five e-plastics processors. The company's core business involves collecting, sorting, and recycling mixed e-plastics to produce high-quality, pure post-consumer recycled materials, including ABS, PS, and PP. These recycled plastics are then supplied as secondary raw materials for various production processes, promoting a circular economy. Sostenplas serves companies that need to manage their plastic waste and incorporate recycled materials into their manufacturing, helping them reduce CO2 emissions and the use of new plastics. The business model centers on transforming this waste into valuable resources through advanced technology. Sostenplas holds several certifications, such as ISO 9001, ISO 14001, WEEELABEX, and EUCertPlast, underscoring its commitment to high environmental and quality standards.

Keywords: WEEE plastic recycling, e-plastics processing, post-consumer recycled materials, circular economy, ABS recycling, PS recycling, PP recycling, plastic waste management, sustainable materials, secondary raw materials, industrial recycling, environmental standards, plastic traceability, resource recovery, e-waste solutions, plastic sorting technology, polymer recycling, sustainable manufacturing, high-impact polystyrene, injection polypropylene

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads