TripleW Group NV
- Company typePrivate
- Founded2016
- HeadquartersAntwerp, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
TripleW Group NV firmographics
Firmographics- Name
- TripleW Group NV
- Legal name
- TripleW NV
- Website
- https://triplew.co
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
TripleW Group NV industry classification
Industry- Product category
- Industrial Biotechnology & Bioplastics
- NAICS
- Food Manufacturing (311), Materials Recovery Facilities (56292)
- SIC
- Chemicals & Allied Products (2800), Food And Kindred Products (2000)
- akta.pro primary industry
- Buffering Systems & pH Control Blends (Phosphate/Citrate/Lactate Buffers) (AFAJAGAJ)
- akta.pro secondary industries
- pH Adjustment & Neutralizing Agents (Calcium Hydroxide, Magnesium Oxide, Ammonium Hydroxide) (AFAJAGAK), Organics Pre-Processing & Depackaging (Slurry, Contaminant Removal) (BPALAEAD), Organic Waste Transfer & Pre-processing (Depackaging, Grinding, Contaminant Removal) (EUAIAEAB), Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends) (IMANABAF), Digestate & Compost Product Processing, Marketing & Distribution (Soil Amendments, Mulch) (EUAIAEAE)
Keywords
Where TripleW Group NV is headquartered
LocationHeadquarters
- HQ city
- Antwerp
- HQ country
- Belgium
- HQ region
- Europe
Offices3 records
Markets served
TripleW Group NV business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Lactic Acid Sales (Circulac): Sale of Circulac brand lactic acid and lactate salts (sodium, potassium) produced from food waste for use in personal care, home care, food and beverage, and industrial applications. Multiple product grades available (LC90 ultra pure, LA80 technical, LF80, HS88 heat stable, CH50 high chiral purity).
- PLA Bioplastic Sales: Sale of polylactic acid (PLA) bioplastic made entirely from food waste for applications in food and beverage packaging, automotive parts, personal care products, 3D printing, textiles, and medical applications.
- Technology Licensing and Biorefinery Upgrades: TripleW provides services to upgrade existing anaerobic digestion facilities into biorefineries, integrating lactic acid production. Offers techno-economic feasibility studies and technology deployment for waste management companies seeking to add high-value revenue streams.
- Waste Processing Fees: Waste management companies and food manufacturers supply food waste streams to TripleW facilities in exchange for processing and valorization services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Food waste supply or co-location partnership |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
TripleW Group NV product offering
Product offeringCore offering
TripleW upcycles food waste streams (bakery, dairy, snacks, packaged meals, fruit and vegetable residues, supermarket returns, restaurant and commercial kitchen waste) into Circulac, a portfolio of high-purity natural L(+) lactic acid and lactate salts (sodium, potassium) plus ethyl lactate bio-solvents, produced via proprietary fermentation and multi-step purification. These lactic acid grades serve as building blocks for PLA bioplastic and as ingredients for personal care, home care, food and beverage, and industrial applications. The company also licenses its gypsum-free, closed-loop PLA upcycling technology to waste management operators for retrofit into existing anaerobic digestion infrastructure.
Product overview
TripleW Group NV operates as a circular economy company producing high-value biomaterials from food waste through its proprietary bioprocess technology. The core product line is Circulac®, a family of upcycled lactic acids and lactate salts (including Circulac® LC90, LA80, LF80, HS88, CH50, Sodium Circulac® SL60, and Potassium Circulac® PL60) produced by fermentation from food residues. The portfolio also includes Ethyl Circulac® EA98 and EF99, which are ethyl lactate bio-solvents derived from Circulac. These lactic acid products serve as building blocks for PLA bioplastic production and as ingredients for personal care, home care, food and beverage, and industrial applications. The company also offers closed-loop PLA upcycling technology that converts PLA products back into lactic acid. The flagship project is the Port of Antwerp Circulac® Facility (FUTURE), supported by EU Innovation Fund, for commercial-scale lactic acid production.
Differentiator
Problem solved
Functional benefit
Brands
- Circulac: Brand name for TripleW's upcycled lactic acid and lactate salts produced by fermentation of food waste, used in personal care, home care, food and beverage, industrial applications, and as building block for PLA bioplastics.
Products and services
- Circulac LC90 Upcycled natural L(+) lactic acid 90% Ultra Pure grade (CAS 79-33-4, C3H6O3, E270) produced by fermentation from sugars extracted from food residues, designed for demanding applications including food, beverages, and skin care.
- Potassium Circulac PL60 Potassium salt 60% of upcycled natural L(+) lactic acid (CAS 996-31-6, C3H5O3K, E326) produced by fermentation from sugars extracted from food residues, suited for applications requiring purity and circular materials.
- Sodium Circulac SL60 Sodium salt 60% of upcycled natural L(+) lactic acid (CAS 72-17-3, C3H5O3Na, E325) produced by fermentation from sugars extracted from food residues, used in applications where purity and circularity are essential.
- Circulac LF80 Upcycled natural L(+) lactic acid 80% grade produced by fermentation from sugars extracted from food residues, used as an acidulant and for microbial protection across multiple applications.
- Circulac LA80 Upcycled natural L(+) lactic acid 80% Technical grade produced by fermentation from sugars extracted from food residues, widely used as raw material, acidulant, descaling or cleaning agent in multiple applications.
- Circulac HS88 Upcycled natural L(+) lactic acid 88% Heat Stable grade produced by fermentation from sugars extracted from food residues, used as acidulant and raw material in applications requiring color stability during heat processes.
- Circulac CH50 Upcycled natural L(+) lactic acid with high chiral purity produced by a unique combination of fermentation and purification technologies, utilizing agricultural side streams and food industry by-products to obtain the purest chiral L-lactic acid.
- Ethyl Circulac EA98 Renewable and biodegradable slow-evaporating polar bio-solvent at 98% concentration (CAS 687-47-8, C5H10O3), designed for applications where sustainability and efficacy are essential.
- Ethyl Circulac EF99 Renewable and biodegradable slow-evaporating polar bio-solvent at 99% FCC grade, designed for applications requiring high ethyl lactate content and purity.
- Closed-Loop PLA Upcycling Technology Chemical upcycling process that converts PLA products and PLA-based waste (post-consumer and post-industrial, including composites with PHA, PBTA, or PBS, with or without food waste residues) back into Circulac lactic acid, enabling closed-loop recycling of bioplastics.
- Biorefinery Upgrade and Technology Licensing Service Service offering for waste management companies and food manufacturers that upgrades existing anaerobic digestion facilities into biorefineries integrating lactic acid production, including techno-economic feasibility studies and technology deployment (minimum 10,000 tons per annum waste stream for co-location).
- Food Waste-Derived PLA Bioplastic Polylactic acid (PLA) bioplastic made entirely from food waste for applications in food and beverage packaging, automotive parts, personal care products, 3D printing, textiles, cosmetics packaging, and medical applications.
Quantifiable outcome
- 83,000 tons CO2 emissions avoided over 10 years per flagship facility
- +4 more outcomes
Companies that use TripleW Group NV
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
TripleW Group NV technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
TripleW Group NV partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, flagship and minor.
- Sulzer ChemtechcoreCollaboration within the CBE JU funded CIRCLE consortium to validate and scale up TripleW's lactic acid produced from food waste into PLA bioplastic. Sulzer supported the world's first commercial PLA made entirely from food waste, achieving a unique milestone in PLA development history.
- CIRCLE Consortium (17 Partners)flagshipCBE JU funded consortium led by TripleW with €17M funding. Partners include: Renewi, LG Chem, Volkswagen Group, ecover + method, Sulzer Chemtech, FrieslandCampina, Davines Group, Vandemoortele, Fibenol, Sulapac Ltd, TIPA Compostable Packaging, Bio Base Europe Pilot Plant, ETAM S.A., ICONS Innovation Strategies, ZER0-E Engineering. Project to commercialize lactic acid for PLA in auto, food packaging, and cosmetics industries.
- CorumatcoreMaterials science company using patented technologies to make compostable, insulating, strong, and greaseproof packaging from PLA. Successfully pioneered world's first bioplastic packaging made from mixed food waste with $1m BIRD Foundation funding. Manufacturing facility in Yakima, WA.
- De Smet Engineers & Contractors (DSEC)coreSpecialized in engineering and construction of biorefineries, currently designing integration of TripleW's technology into existing waste processing facilities to minimize CAPEX and OPEX. Target plant capacity of 20,000 tons lactic acid per year.
- Group Op de Beeck Materials & TreatmentcoreMarket leader in organic waste processing in Europe, providing ideal complementary partnership for TripleW's process scale-up. TripleW performed large-scale trials on Group Op de Beeck's processing site in the port of Antwerp using commercial organic waste volumes as proof of concept beyond pilot scale.
- LooopminorForward-thinking partner supporting TripleW's fermentation of food waste into Circulac lactic acid at the demonstration facility.
- LAVOLLEEminorDeveloped a facial exfoliant product containing Circulac to illustrate how circularity, innovation, and quality can come together in the beauty industry.
- RenewicoreWaste processor in Port of Amsterdam where TripleW is building a similar production line. PART OF CIRCLE CONSORTIUM. One of the largest waste management companies in Europe, providing strategic access to waste streams.
- Bio Base Europe Pilot PlantcorePilot plant for the bioeconomy in the port of Ghent where TripleW's technology was initially developed and validated. PART OF CIRCLE CONSORTIUM.
- Renewable Carbon Initiative (RCI)minorInternational consortium of leading companies focused on complete transition from fossil-fuel based carbon to renewable carbon by 2050. Founded by nova-Institute.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
TripleW Group NV competitors and assessment
Company assessmentDirect peers
- NatureWorks: World's largest PLA bioplastics producer (Cargill subsidiary), supplying Ingeo PLA into packaging, foodservice, and 3D printing. Direct competitor to TripleW's food-waste-derived PLA in identical end markets.
- Corbion (TotalEnergies Corbion JV): World's largest lactic acid producer and a leading PLA manufacturer via the TotalEnergies Corbion joint venture. Directly comparable as the incumbent TripleW is challenging on cost, scale, and sustainability positioning.
- Galactic (Royal Cosun): Belgian lactic acid and lactate salts specialist owned by Royal Cosun. Closely comparable specialty lactic acid producer competing directly with Circulac in food, personal care, and industrial grades.
- Musashino Chemical: Japanese specialty lactic acid and lactate producer serving food, personal care, and industrial markets. Comparable as a direct lactic acid competitor, particularly in higher-purity technical and chiral grades.
- Henan Jindan Lactic Acid: One of China's largest lactic acid producers supplying food, industrial, and bioplastic-grade material. Direct competitor on commodity lactic acid with significant scale advantage.
Broad incumbents
- ADM: Global agricultural processor producing lactic acid among a vast ingredients portfolio. Comparable as a large-scale incumbent lactic acid supplier, though not focused exclusively on this product.
Emerging players
- Danimer Scientific: Public bioplastics company producing PHA-based resins (Nodax) for packaging and foodservice. Comparable as a biobased polymer alternative competing for the same sustainability-driven packaging and automotive customers.
- Avantium: Dutch renewable chemistry company commercializing PEF bioplastic and plant-based MEG. Comparable as an emerging biobased materials company targeting similar packaging and textile markets with a different polymer chemistry.
- Carbios: French biotech developing enzyme-based recycling of PET and PLA back to monomers. Comparable as a circular polymer technology company, though focused on enzymatic rather than chemical recycling routes.
Others
- Veolia: Global waste management and water services giant operating extensive organic waste collection and anaerobic digestion infrastructure. Comparable as a potential technology licensee and large-scale supplier of food waste feedstock to TripleW's biorefinery network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
TripleW Group NV social profiles
Digital presenceTripleW Group NV financial estimates
Financial estimateRevenue estimate
Valuation estimate
TripleW Group NV leadership team
Management profileNumber of profiles
Profiles3 records
TripleW Group NV funding detail
Funding detailFunding overview
Funding rounds9 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TripleW Group NV M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TripleW Group NV
What does TripleW Group NV do?
TripleW upcycles food waste streams (bakery, dairy, snacks, packaged meals, fruit and vegetable residues, supermarket returns, restaurant and commercial kitchen waste) into Circulac, a portfolio of high-purity natural L(+) lactic acid and lactate salts (sodium, potassium) plus ethyl lactate bio-solvents, produced via proprietary fermentation and multi-step purification. These lactic acid grades serve as building blocks for PLA bioplastic and as ingredients for personal care, home care, food and beverage, and industrial applications. The company also licenses its gypsum-free, closed-loop PLA upcycling technology to waste management operators for retrofit into existing anaerobic digestion infrastructure.
Is TripleW Group NV a public or private company?
TripleW Group NV is a private company. It is classified as venture growth investor backed and is currently operating.
When was TripleW Group NV founded?
TripleW Group NV was founded in 2016. It employs 11 to 50 people.
Where is TripleW Group NV based?
TripleW Group NV is headquartered in Antwerp, Belgium, in the Europe region.
How does TripleW Group NV make money?
Four revenue lines are on record. Lactic Acid Sales (Circulac) is the primary driver. The others are PLA Bioplastic Sales, technology Licensing and Biorefinery Upgrades and waste Processing Fees.
Who are TripleW Group NV's main competitors?
Direct peers on record are NatureWorks, Corbion (TotalEnergies Corbion JV), Galactic (Royal Cosun), Musashino Chemical and Henan Jindan Lactic Acid. ADM is listed as a broad incumbent. Emerging players are Danimer Scientific, Avantium and Carbios. Veolia is listed as an others.
Does TripleW Group NV have an API?
No public API is recorded for TripleW Group NV.
What industry is TripleW Group NV in?
TripleW Group NV's product category is Industrial Biotechnology & Bioplastics. Its primary akta.pro industry code is AFAJAGAJ, Buffering Systems & pH Control Blends (Phosphate/Citrate/Lactate Buffers), with a secondary code of AFAJAGAK, pH Adjustment & Neutralizing Agents (Calcium Hydroxide, Magnesium Oxide, Ammonium Hydroxide). Its NAICS code is 311 and its SIC code is 2800.