Portfolio Company Spotlight
A feature on a Closed Loop Partners investment
From Yogurt Cups to Asphalt Roads
GreenMantra converts post-consumer and post-industrial plastics such as bottles, plastic films and bags, yogurt cups and other waste items into specialty polymer additives.
GreenMantra Technologies is focused on applying its upcycling catalytic technology to advance the circular economy. The first application of the technology, the production of polyethylene and polypropylene into an industrial wax used in construction products, has reached commercial scale. The team’s ceranovus PE and PP polymer additives are used in the construction of asphalt roads, roofing membranes and plastic composites.
GreenMantra aims to significantly reduce the amount of plastic that ends up in landfills and oceans while also creating a value-added product for industrial applications. These products help improve the performance of customer’s products and processes, providing them with lower formulation costs and a more efficient manufacturing process.
The purchase of a new reactor has doubled the capacity for PE and PP specialty polymer additives.