4 Top Plastic Recycling Technology Startups Impacting Packaging

We analyzed 16 Plastic Recycling Technology Startups. The Good Plastic Co., BioCellection, NexGenCup, and Newtechpoly develop 4 top solutions to watch out for. Learn more in our Global Startup Heat Map!

Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for packaging. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 4 promising Plastic Recycling Technology Startups.

Heat Map: 4 Top Plastic Recycling Technology Startups

For our 4 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 4 interesting examples out of 16 relevant solutions. Depending on your specific needs, your top picks might look entirely different.

Plastic-Recycling-Technologies_in_Packaging_Heatmap_StartUsInsights_NewDesign-noresize

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Which startups develop the other 12 solutions?

 

The Good Plastic Co. – Post-Consumer Recycled Plastic

Plastic that has been made into a product, used, thrown away, collected, cleaned, reprocessed, and remade into something new is called post-consumer recycled plastic. Current technologies do not allow all types of plastics to be recycled. Startups are innovating in different ways to breakdown plastics of all types so as to ensure it is not sitting in the landfill or in the oceans.

Dutch startup The Good Plastic Company develops plastic recycling technology that is capable of recycling 90% of existing plastic types by turning plastic waste into beautiful decorative panels of 1x1m and thickness ranging between 5mm to 30mm. Easily portable, their equipment allows easy recycling of plastic waste right at its source, in any part of the world.

BioCellection – Chemical Recycling

Polyethylene is the most popular plastic in the world accounting for over 30% of all plastics globally. It is primarily used in packaging as it is a light and very durable material. While high-density polyethylene is commonly accepted for recycling, innovations in technology have allowed lower density polyethylene to reach the recycling centers as well. Chemical recycling breakdown plastics to its monomer form, allowing it to be remade as a good quality plastic product.

The US-based startup BioCellection develops plastic recycling technology using chemical processes to convert post-consumer plastics into the building blocks for synthetic chemistry and synthetic biology: succinic acid, glutaric acid, adipic acid, pimelic acid, suberic acid, and azelaic acid. Extracted chemically from grocery bags, bubble wraps, trash bags, retail packaging, food wraps, and such, their innovation can potentially use plastic waste to replace fossil fuel as a resource for sustainable supply chains.

NexGenCup – Replacing Single-Use Plastic

The statistics on the state of single-use plastic and paper items in the world today are almost incomprehensible. With over half a trillion single-use plastic cups disposed of, the quantities being sent to the landfill are alarming. To top it all off, plastic content after use, chlorine content when disposed of in the water, and release of carbon dioxide and other pollutants to make them, can all impact life on earth. Startups are starting to find solutions to replace the hundreds of different items of plastic we use just once.

The US-based startup NexGen Consortium aims to refine and coordinate the entire journey of single-use plastic cups to get them into recycling units. They host the NexGenCup, an open innovation challenge that has already given rise to 12 innovative cup solutions from making them compostable and recyclable at home to new materials for making the cups. Packaging, recovery, and supply chain experts provide insights for using the right type of cups.

Newtechpoly – Recycling More Types of Plastics

One of the biggest problems with recycling plastics is that only a part of it, and not all of it can be recycled. This results in many partly-recyclable items completely eliminated from recycling chains. Startups have been looking to find technologically advanced solutions that can breakdown or recycle all types of plastics.

Australian startup Newtechpoly develops patented plastic recycling technology called Polywaste Technology. The main difference between traditional plastic melting technology and PolyWaste is that this can recycle a wide variety and combination of contaminated film, semi-rigid, and rigid plastics from multiple commercial, industrial, agricultural and/or domestic waste streams, and convert them into value-added plastic products. Moreover, much of the input stock is plastic that would otherwise end up in landfills, be incinerated or otherwise simply disposed of.

What About The Other 12 Solutions?

While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 4 startups showcased above are promising examples out of 16 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.

 

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