Anellotech
Anellotech is a privately held sustainable technology company founded in 2008 that develops proprietary one-step thermal-catalytic processes (Bio-TCat, Plas-TCat, Tex-TCat) to convert non-food biomass, mixed waste plastics, and textiles into renewable BTX aromatics and fuels, licensing globally through Axens and Technip Energies.
- Company typePrivate
- Founded2008
- HeadquartersPearl River, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Anellotech does
Anellotech, founded in 2008 and headquartered in Pearl River, New York, is a privately held sustainable technology company that develops thermal-catalytic processes to convert non-food biomass and mixed waste plastics into renewable chemicals and fuels. Its core technology platform comprises three proprietary one-step processes — Bio-TCat (biomass to BTX aromatics), Plas-TCat (mixed plastics to BTX and light olefins), and Tex-TCat (textile waste to commodity chemicals) — supported by the MinFree pretreatment module that protects catalyst life by reducing mineral content in biomass feedstocks. The company operates the TCat-8 semi-commercial demonstration plant in Silsbee, Texas (200,000 kg/year capacity, 7,500+ hours Bio-TCat on-stream, 2,000+ hours Plas-TCat on-stream), where it achieved 100% mass balance closure and entered commercial aromatics production in August 2025.
Anellotech monetizes its technology through a multi-stream model: global licensing of Bio-TCat via Axens and Plas-TCat via Technip Energies, recurring proprietary catalyst sales co-developed with Johnson Matthey, direct sales of Plas-TCat Distillate (aromatic-rich co-product), and a build-own-operate strategy for select commercial plants. The company serves four primary customer segments: brand owners/consumer goods companies (Suntory, Nestle, PepsiCo, General Mills, Mars, Mondelez) seeking recycled content, petrochemical producers licensing the technology for bio-based aromatics, fuel producers pursuing SAF/low-carbon blendstocks, and waste management/recycling operators. R Plus Japan, a consortium that scaled from 12 to 48 members across consumer goods, chemicals, and waste management, functions as a flagship regional commercialization vehicle in APAC, with first Japanese commercial plants targeted by 2028 and 200+ KMTA plants planned globally through the 2030s. Total funding raised is approximately $85 million in cash and in-kind contributions since 2008, primarily from strategic corporate investors (Suntory, Toyota Tsusho, R Plus Japan) rather than financial VCs.
Anellotech firmographics
Firmographics- Name
- Anellotech
- Legal name
- Anellotech, Inc.
- Website
- https://anellotech.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Anellotech is a privately held sustainable technology company founded in 2008 that develops proprietary one-step thermal-catalytic processes (Bio-TCat, Plas-TCat, Tex-TCat) to convert non-food biomass, mixed waste plastics, and textiles into renewable BTX aromatics and fuels, licensing globally through Axens and Technip Energies.
- Ownership category
- akta.pro rank
Anellotech industry classification
Industry- Product category
- Renewable Chemicals
- NAICS
- Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194), Petrochemical Manufacturing (32511), Chemical Manufacturing (325)
- SIC
- Industrial Organic Chemicals (2860), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)
- akta.pro primary industry
- Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA)
- akta.pro secondary industries
- Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed) (EUAIAKAL), Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK), Biochemicals & Bio-based Platform Chemicals (cellulose sugars, lignin derivatives, organic acids) (IMAMALAB)
Keywords
Where Anellotech is headquartered
LocationHeadquarters
- HQ city
- Pearl River
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Anellotech business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Technology Licensing: Anellotech licenses Bio-TCat through partner Axens and Plas-TCat through Technip Energies. Licensing partners provide technology packages, basic engineering design, start-up and technical support to licensees. Anellotech receives licensing fees and ongoing royalties.
- Catalyst Sales: Anellotech supports technology packages with catalyst sales, providing the proprietary catalyst developed with Johnson Matthey for the thermal-catalytic cracking processes.
- Product Sales (Distillate): Company sells Plas-TCat Distillate (aromatic-rich product from mixed waste plastics) at commercial scale from TCat-8 semi-commercial facility. Approximately 100 liters/month scale quantities available for specialty market applications.
- Build-Own-Operate: In addition to licensing, Anellotech pursues build-own-operate strategy for commercial plants, generating revenue from chemical production sales.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Anellotech product offering
Product offeringCore offering
Anellotech develops and licenses proprietary thermal-catalytic technologies that convert mixed plastic waste (Plas-TCat) and non-food biomass (Bio-TCat) into renewable BTX aromatics (benzene, toluene, xylene) and light olefins used to make virgin plastics and fuels. The company operates the TCat-8 semi-commercial demonstration plant in Silsbee, Texas, supports its technologies with the MinFree biomass pretreatment module, and monetizes primarily through global technology licensing via partners Axens (Bio-TCat) and Technip Energies (Plas-TCat), along with catalyst sales and direct product sales such as Plas-TCat Distillate.
Product overview
Anellotech is a circular-chemicals technology company offering a portfolio of thermal-catalytic conversion technologies. The core platform consists of three proprietary TCat processes: Plas-TCat for chemical recycling of mixed plastic waste into BTX and olefins, Bio-TCat for converting non-food biomass into renewable aromatics, and Tex-TCat for recycling mixed waste textiles. These are supported by MinFree biomass pretreatment technology and demonstrated at the TCat-8 semi-commercial facility. The company licenses its technologies globally through partners Axens (Bio-TCat) and Technip Energies (Plas-TCat), and offers product samples including Plas-TCat Distillate.
Differentiator
Problem solved
Functional benefit
Brands
- Plas-TCat: One-step thermal-catalytic recycling technology that converts mixed plastic wastes back into its constituent basic chemicals (benzene, toluene, xylene) for making virgin plastics
- Bio-TCat
- Tex-TCat
- MinFree
- TCat-8
Products and services
- Plas-TCat One-step thermal-catalytic recycling technology that converts mixed plastic wastes (including hard-to-recycle flexible and composite films) directly into BTX aromatics (benzene, toluene, xylenes) and light olefins (ethylene, propylene) used to make virgin plastics; reduces CO2 emissions up to 50% versus virgin monomer production.
- Bio-TCat Efficient thermal-catalytic process converting non-food biomass (woody biomass, agricultural residues) into BTX aromatics chemically identical to petroleum-based counterparts; produces bio-based paraxylene for 100% bio-PET bottles, benzene for styrenics/nylon/polycarbonate, and renewable fuel blendstocks; reduces GHG emissions by 70-80% versus petro-based aromatics.
- Tex-TCat Chemical recycling technology for mixed waste textiles, converting textile waste into valuable commodity chemicals including BTX aromatics and light olefins.
- MinFree
- Plas-TCat Distillate Aromatic-rich, low-carbon liquid co-product from Plas-TCat process; 100% waste-plastic origin, aromatic-rich (C9-C20) containing indene, naphthalene, methyl-naphthalenes; contains C10-C20 paraffins and olefins suitable for sustainable aviation fuel (SAF) and specialty chemical feedstocks.
- Licensing Services Global licensing of Bio-TCat (through partner Axens) and Plas-TCat (through partner Technip Energies) technologies; Anellotech and licensing partners support licensees through technology packages, basic engineering design, start-up, and catalyst sales to build profitable commercial plants.
Quantifiable outcome
- CO2 emissions reduced by 70-80% for paraxylene and benzene production vs petroleum-based equivalents
- +4 more outcomes
Companies that use Anellotech
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Anellotech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Anellotech partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, flagship and minor.
- Technip EnergiescoreGlobal joint development agreement to further develop and license Anellotech's Plas-TCat process. Technip Energies brings process technology expertise and will serve as global Plas-TCat licensor. Companies completed comprehensive performance trials at TCat-8 demonstration plant and developed site-neutral Process Design Package.
- R Plus JapanflagshipR Plus Japan is a consortium of Japanese companies established in 2020 by 12 cross-industry partners in the Japan plastics supply chain to accelerate development and commercialization of Plas-TCat technology. Has grown to 48 member companies including Suntory, Toyobo, Rengo, Toyo Seikan, J&T Recycling, Asahi Group, Iwatani, DNP, Toppan, Fuji Seal, and others. Plans to implement chemical recycling technology in Japan by 2028 with 200,000+ tonnes/year commercial plants after 2030.
- AxenscoreAxens is Anellotech's exclusive licensing partner for Bio-TCat technology globally. Provides technology packages, basic engineering design, start-up and technical support for licensees. 45% of all refineries have at least one Axens technology license. Completed white paper process design package for first 500 tonne/day commercial plant.
- IFPEN (IFP Energies nouvelles)coreIFPEN is Anellotech's process development and scale-up partner for Bio-TCat and Plas-TCat. Provides expertise in fluid bed catalytic reactor technology, catalyst regenerator design, and aromatics processing. Has dedicated full-time engineers working at Anellotech's Texas location during plant commissioning and operations.
- Johnson MattheycoreCatalyst development partner for Bio-TCat technology, developing the proprietary zeolite catalyst used in the thermal-catalytic cracking process.
- South Hampton Resources (Trecora Resources)coreSite host and operations partner for TCat-8 pilot plant located inside SHR's Silsbee, Texas facility. SHR provides fully-trained plant operators, control room operators, maintenance services, and operates OSHA PSM compliant 128-acre specialty petrochemicals facility. Renewed site host agreement extends partnership through commercialization phase.
- US Flexible Films Initiative (Nestle, PepsiCo, General Mills, Mars, Mondelez)minorConsortium of major consumer brands providing flexible film packaging samples (Nestle, PepsiCo, General Mills, Mars, Mondelez) for Plas-TCat recycling demonstrations. Real-world packaging from grocery stores tested including Cheerios, Oreo, Purina Dog Chow, Twix, KitKat, Ritz Cracker, Quaker Oats, Ruffles.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Anellotech competitors and assessment
Company assessmentDirect peers
- Eastman Chemical: Eastman operates a molecular recycling (carbon renewal) process that uses mixed waste plastics as feedstock to produce virgin-quality specialty plastics, fibers, and chemicals. It is the most advanced incumbent in plastics-to-chemicals recycling and competes directly with Anellotech's Plas-TCat for the same brand-owner customers and recycled-content offtake.
- Origin Materials: Origin Materials converts sustainable carbon feedstocks (biomass, wood residues) into bio-based chemicals including furandicarboxylic acid (FDCA), chloromethylfurfural (CMF), and aromatic intermediates. It is a direct peer to Anellotech in the biomass-to-renewable-chemicals space, with comparable end-markets in packaging and polymers.
- Plastic Energy: Plastic Energy operates commercial-scale plants using thermal anaerobic conversion (TAC) to process mixed, contaminated plastic waste into pyrolysis oil and chemical feedstocks. It directly competes with Anellotech's Plas-TCat for the same end-markets of mixed-plastic-to-chemicals, with established operations in Europe and Asia.
- Avantium: Avantium develops plant-based chemistry platforms, notably the Ray Technology for producing FDCA from plant sugars for PEF bioplastics, and operates in the broader bio-based renewable chemicals space. It is a direct peer to Anellotech's Bio-TCat, with similar end-customers in branded packaging and a comparable licensing-and-joint-venture business model.
- GreenMantra Technologies: GreenMantra uses a proprietary catalytic depolymerization process to convert recycled plastics (primarily polystyrene) into specialty waxes, lubricants, and other high-value chemical products. It is an emerging direct peer in plastic-to-chemicals recycling with comparable technology approach and downstream customer focus.
- Mura Technology: Mura Technology operates the Cat-HTR (Catalytic Hydrothermal Reactor) process for converting mixed plastic waste into chemical feedstocks and circular oils, with commercial projects underway including a license to Technip Energies. It is a direct peer to Plas-TCat in plastic-to-chemicals, targeting the same licensing-and-EPC commercialization model.
Broad incumbents
- BASF ChemCycling: BASF is a global chemical giant operating the ChemCycling program, which uses pyrolysis oil from mixed plastic waste as a feedstock to produce mass-balanced certified recycled-content products. As a broad incumbent with a far larger balance sheet, BASF is the most significant scaled competitor to Plas-TCat in the chemical-recycling space.
- SABIC: SABIC, one of the world's largest petrochemical companies, has launched the TRUCIRCLE portfolio of certified circular and bio-based polymers using both pyrolysis and biomass feedstocks. As a broad incumbent with global BTX and aromatics production capacity, SABIC directly competes with Anellotech for the same BTX and polymer customers.
- Virent (Marathon Petroleum): Virent, owned by Marathon Petroleum, developed BioForming technology to convert plant-based sugars into renewable BTX aromatics and gasoline blendstocks. It is a broad incumbent peer to Anellotech's Bio-TCat in biomass-to-aromatics, with deep backing from a major oil refiner and similar end-customer targets in fuels and chemicals.
Emerging players
- Pyrowave: Pyrowave uses microwave-based catalytic depolymerization to convert mixed plastic waste (including polystyrene) back into styrene monomer. It is an emerging peer to Anellotech's Plas-TCat, focused on a specific plastics-to-monomers use case that intersects with Anellotech's BTX and olefin output.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Anellotech social profiles
Digital presenceAnellotech compliance and trust
Trust signalCompliance1 record
Anellotech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Anellotech leadership team
Management profileNumber of profiles
Profiles5 records
Anellotech funding detail
Funding detailFunding overview
Funding rounds8 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Anellotech 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 Anellotech
What does Anellotech do?
Anellotech develops and licenses proprietary thermal-catalytic technologies that convert mixed plastic waste (Plas-TCat) and non-food biomass (Bio-TCat) into renewable BTX aromatics (benzene, toluene, xylene) and light olefins used to make virgin plastics and fuels. The company operates the TCat-8 semi-commercial demonstration plant in Silsbee, Texas, supports its technologies with the MinFree biomass pretreatment module, and monetizes primarily through global technology licensing via partners Axens (Bio-TCat) and Technip Energies (Plas-TCat), along with catalyst sales and direct product sales such as Plas-TCat Distillate.
Is Anellotech a public or private company?
Anellotech is a private company. It is classified as venture growth investor backed and is currently operating.
When was Anellotech founded?
Anellotech was founded in 2008. It employs 11 to 50 people.
Where is Anellotech based?
Anellotech is headquartered in Pearl River, United States, in the North America region.
How does Anellotech make money?
Four revenue lines are on record. Technology Licensing is the primary driver. The others are catalyst Sales, product Sales (Distillate) and build-Own-Operate.
Who are Anellotech's main competitors?
Direct peers on record are Eastman Chemical, Origin Materials, Plastic Energy, Avantium, GreenMantra Technologies and Mura Technology. Broad incumbents are BASF ChemCycling, SABIC and Virent (Marathon Petroleum). Pyrowave is listed as an emerging player.
Does Anellotech have an API?
No public API is recorded for Anellotech.
What industry is Anellotech in?
Anellotech's product category is Renewable Chemicals. Its primary akta.pro industry code is EUAAAIAA, Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol), with a secondary code of EUAIAKAL, Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed). Its NAICS code is 325194 and its SIC code is 2860.