Greenhope

What Greenhope does

Greenhope (legal entity PT Harapan Interaksi Swadaya) is an Indonesia-based sustainable materials technology company founded in 2017 that develops and manufactures proprietary biodegradable plastics and additives for global B2B customers. Its product portfolio is built on three patented technologies: Oxium, a mineral-based pro-oxidant additive that accelerates conventional plastic biodegradation from centuries to 2–5 years at only a 2–10% loading and a 2–5% price premium; Ecoplas, a cassava-starch-based bioplastic used primarily as a biodegradable landfill cover that decomposes in roughly three months and costs about 75% less than conventional soil cover; and Naturloop, a plant-starch-based resin that composts in 12 weeks under industrial conditions or 24 weeks at home, certified to ISO 14855, EN 13432, ASTM D6866, and Din Gepruft standards. All three technologies are patented in the United States, Singapore, and Indonesia, and the company's Cikupa, Tangerang manufacturing facility operates under ISO 9001, 14001, and 45001 certifications.

The company serves four primary customer segments: global consumer brands and retailers replacing conventional packaging (logos include Adidas, Shopee, Watsons, Mr. DIY, Decathlon, Ciputra World Surabaya, Sarirasa, Dcost, Indopoly, PT Suparma TBK, Euodoo); more than 150 plastic converter and manufacturer partners across 12+ countries who process Ecoplas, Naturloop, and Oxium into finished goods; Indonesian municipal landfill operators (TPAs) piloting Ecoplas cover film with Ministry of Environment support; and government/research institutions collaborating on biodegradation validation. Revenue is generated through one-time B2B sales of bioplastic resin, finished packaging products, and Oxium additive masterbatch at quote-based pricing, with the company's value proposition centered on its "Return to Earth" approach for plastic items too small, contaminated, or uneconomic to recycle. The company is privately held, founder-controlled, with US$500,000 of disclosed seed funding from the Indonesia Impact Fund in June 2022 and no public listing.

Name

Greenhope

Legal name

PT Harapan Interaksi Swadaya

Website

https://greenhope.co

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Greenhope is an Indonesia-based B2B sustainable materials company that manufactures patented biodegradable plastics (Ecoplas, Naturloop) and additives (Oxium) from cassava starch and minerals, supplying global brands, plastic converters, and municipal landfills across 12+ countries as a drop-in replacement for conventional plastic.

Ownership category

akta.pro rank

Product category

Biodegradable Packaging Materials

NAICS

Resin and Synthetic Rubber Manufacturing (32521), Plastics and Rubber Products Manufacturing (326)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860)

akta.pro primary industry

Bio-based & Biodegradable Polymer Resin Manufacturing (PLA, PHA, PBS, starch blends) (IMANAAAG)

akta.pro secondary industries

Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films) (IMALAMAB), Biodegradable Packaging Materials (films, trays, foams) (IMAEAOAB), Bio-based Polymers & Bioplastics (e.g., PLA, PHA, bio-PE/PP/PET, PBS) (EUAAAIAC), Sustainable Additives & Plasticizers (bio-plasticizers, stabilizers, compatibilizers) (IMANANAH)

Keywords

• Biodegradable packaging materials
• Bioplastic resin manufacturing
• Biodegradable plastic additives
• Compostable packaging solutions
• Cassava-based bioplastics

Headquarters

HQ city

Kedoya Selatan

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Bioplastics Resin and Material Sales: Greenhope generates revenue primarily through the sale of its proprietary bioplastic materials, including Ecoplas (cassava-based bioplastic) and Naturloop (home-compostable bioplastic resin), as finished products or raw materials to converters and brands. Revenue is derived from the production and sale of biodegradable packaging films, bags, and other packaging applications across more than 40 different product applications.
2. Biodegradable Additive (Oxium) Licensing and Sales: Oxium is sold as a biodegradable additive/masterbatch to plastic converters and manufacturers. It is blended with conventional plastics at dosages of 2-10% to enable accelerated biodegradation. Oxium pricing is only 2-5% higher than conventional plastics, making it highly economical for mass-market disposable plastic products. The additive can be used across multiple plastic manufacturing processes including extrusion blown film, injection molding, thermoforming, and paper coating.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Greenhope manufactures and sells biodegradable bioplastic products made from locally sourced cassava starch and mineral-based pro-oxidant additives. Its portfolio includes Ecoplas (a biodegradable landfill cover and packaging bioplastic), Naturloop (a home and industrial compostable bioplastic resin), and Oxium (a biodegradable additive that accelerates conventional plastic biodegradation from centuries to 2-5 years). The company supplies these materials to global brands, plastic converters, and municipal governments across more than 12 countries through a B2B enterprise sales model.

Product overview

Greenhope is a sustainable materials technology company offering three core proprietary bioplastic products — Ecoplas (cassava-starch-based biodegradable bioplastic used as landfill cover), Naturloop (home/industrial compostable bioplastic resin made from plant-based starch), and Oxium (100% Indonesian biodegradable additive that accelerates conventional plastic oxidation and biodegradation). Together these products address plastic waste for items too small, contaminated, or economically unviable for recycling. Greenhope also exports over 56 bioplastic products across more than 40 applications to over 12 countries, working with over 150 converters and brand partners worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Ecoplas: Cassava-based bioplastic that biodegrades naturally in landfill environments within approximately three months, used as landfill covers, shopping bags, planting polybags, food packaging, and other applications.
• Naturloop
• Oxium

Products and services

• Oxium Oxium is a 100% Indonesian biodegradable pro-oxidant additive (masterbatch) that accelerates conventional plastic oxidation and biodegradation from centuries to 2-5 years, producing H2O, CO2, and biomass with no microplastic residue. Mixed into conventional plastic at 2-10% dosage, it requires no special machinery and is priced only 2-5% above conventional plastics. Patented in the USA, Singapore, and Indonesia, and certified food-grade, non-toxic, and made from natural minerals (non-heavy metal). Available in multiple product codes for thermoforming, extrusion blown film, paper coating, casting BOPP, and injection molding processes. Sold to plastic converters and manufacturers.
• Ecoplas Ecoplas is a biodegradable bioplastic made from cassava starch sourced from local Indonesian farmers under Fair for Life certification. It decomposes naturally in landfill environments in approximately three months without leaving harmful microplastic residues and is used across more than 40 applications including shopping bags, food packaging, planting polybags, trays, and cutlery. As a landfill cover film (1 meter wide, up to 250 meters long, ~80 microns thick), it costs approximately 75% less than conventional soil cover and requires no heavy equipment for installation. Patented in the USA, Singapore, and Indonesia.
• Naturloop Naturloop is a home and industrial compostable bioplastic resin made from plant-based materials (cassava starch) sourced from local Southeast Asian farmers under Fair for Life certification. It fully decomposes in 12 weeks under industrial composting conditions (~60°C per ISO 14855/EN 13432) and 24 weeks under home composting conditions (25-30°C), with additional biodegradation in open environments: 4 weeks in rivers, 4 weeks in lakes, 6 weeks in marine environments. Produces 30% less greenhouse gases and uses 45% less energy than conventional plastics. Applications include polymailers, polybags, shopping bags, and trash bags. Certified by ISO 14855, EN 13432:2000, ASTM D6866, and ASTM D6400.

Quantifiable outcome

• 30% reduction in greenhouse gas emissions compared to conventional plastics
• +7 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered flagship, strategic, core, supporting and pilot.

• Mie ArirangflagshipStrategic or Co-development Partner · 8 April 2026Mie Arirang collaborated with Greenhope in 2026 to transition its noodle packaging to eco-friendly materials using Oxium biodegradable additive technology. This partnership marks Arirang's industrial transition toward greener packaging that breaks down naturally without leaving microplastics, while maintaining product quality.
• BRIN - Badan Riset dan Inovasi Nasional (National Research and Innovation Agency of Indonesia)strategicStrategic or Co-development Partner · 1 June 2024BRIN's Oceanography Research Center collaborates with Greenhope on research into Oxium pro-degradant technology and environmentally friendly approaches through biodegradation by microorganisms. Research collaboration began in June 2024, focusing on Oxium's potential as an environmentally friendly solution for marine ecosystems. The 2025 joint research activities include biodegradation experiments and toxicity impact studies, resulting in scientific papers for publication.
• IPB University (Bogor Agricultural University)coreStrategic or Co-development PartnerGreenhope collaborates with IPB University on the 'Farmers in Cikarawang Village' project, training cassava farmers to process cassava into tapioca flour for Ecoplas production. The collaboration includes PKM RSH Ecoplas team research and joint work on cassava product diversification including mocaf flour production. IPB also collaborated on marine plastic waste characterization expeditions.
• Universitas Indonesia (UI)coreStrategic or Co-development PartnerGreenhope contributed to the 'Do Well Do Good Conference Share UI 2022' with the theme of adopting ESG for Indonesia's sustainability transformation. Collaboration focuses on sustainability communications and academic engagement.
• Universitas BrawijayacoreStrategic or Co-development PartnerUniversitas Brawijaya partnership includes Merdeka Learning Campus program providing students with industry experience in environmental issues, and a research collaboration with Go Forward to evaluate bioplastics biodegradability using black soldier fly (maggot) larvae.
• Universitas Dian Nuswantoro (UDINUS)coreStrategic or Co-development PartnerGreenhope collaborates with UDINUS to research the ecotoxicity of bioplastics across various ecosystems, examining impacts on soil, water, and living organisms to ensure environmental safety.
• JubelosupportingStrategic or Co-development PartnerJubelo is a technology company dedicated to holistic waste management, partnering with Greenhope on integrated waste management ecosystem development.
• JangjosupportingStrategic or Co-development PartnerJangjo is a waste management startup building a collaborative ecosystem involving government stakeholders for waste collection and management.
• Green ProsasupportingStrategic or Co-development PartnerGreenprosa is a social enterprise focused on community empowerment, particularly for waste managers, livestock farmers, and agricultural workers, to collaboratively manage waste including organic waste.
• RekosistemsupportingStrategic or Co-development PartnerRekosistem is a climate technology startup offering waste management and recycling services to optimize waste handling, partnering with Greenhope in the sustainability ecosystem.
• Pekalongan Landfill (TPA Pekalongan)pilotImplementation/ SI/ Consulting PartnerGreenhope is conducting partial trials of its Ecoplas cassava starch landfill cover at Pekalongan Landfill since November 2025, as an initial step to evaluate material effectiveness on a larger scale before national implementation.
• Ministry of Environment of Indonesia (Kementerian Lingkungan Hidup)strategicImplementation/ SI/ Consulting PartnerThe Indonesian Ministry of Environment actively supports Greenhope's innovations and attended demonstrations of the Ecoplas landfill cover technology. Deputy Minister Diaz Hendropriyono expressed high appreciation for this local innovation supporting transformation from open dumping to controlled and sanitary landfills.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Novamont: Italian pioneer of Mater-Bi starch-based biodegradable plastics and a leading global bioplastics supplier. Closely comparable to Greenhope as both companies develop starch-blend bioplastic resins and sell into packaging and waste-management applications targeting European and global brand customers.
• NatureWorks: US-headquartered PLA bioplastic resin manufacturer supplying compostable packaging materials globally. Direct competitor to Greenhope's Naturloop in the compostable bioplastic resin category for food service, packaging, and converter markets.
• TotalEnergies Corbion: Joint venture between TotalEnergies and Corbion producing Luminy PLA bioplastic resins from Thai sugarcane. Direct peer to Greenhope in bio-based compostable resin supply for packaging and converter customers.
• Danimer Scientific: US-based developer of PHA-based biopolymers (Nodax) sold into compostable packaging and single-use applications. Direct peer to Greenhope in bio-based, home-compostable resin supply to brand owners and converters.

Broad incumbents

• BASF (Ecovio): German chemical major with ecovio, a certified compostable PBAT/PLA blend for packaging and agricultural films. Competes in the same sustainable packaging resin category but as part of a broad specialty chemicals portfolio rather than a bioplastics specialist.
• Mitsubishi Chemical Group (BioPBST / PLA): Japan-based chemical incumbent producing BioPBST and PLA resins for biodegradable and bio-based applications. Competes with Greenhope's starch-blend bioplastics from an established, diversified petrochemical and specialty materials platform.

Regional players

• Kingfa Sci&Tech: Chinese bioplastics producer with PBAT and PLA capacity serving domestic and Asia-Pacific packaging markets. Regional competitor with largely overlapping product set to Greenhope's Naturloop and Oxium-enabled films, primarily within Asia-Pacific where Greenhope's GTM is also concentrated.

Emerging players

• FKuR Kunststoff: German specialty compounder marketing Bio-Flex, Ecovio, and Terralene bioplastic compounds to converters and brand owners in Europe. Comparable to Greenhope as a focused, certification-driven bioplastic compounder selling into global converter networks.
• Biome Bioplastics: UK-based developer of biodegradable and bio-based plastics for packaging and single-use applications. Comparable to Greenhope as a smaller, IP-driven challenger focused on certified compostable resin blends and additives.
• Plantic Technologies: Australian producer of starch-based, home-compostable barrier plastics for food packaging. Conceptually aligned with Greenhope's starch-based Naturloop and Ecoplas, selling into brand-owner packaging programs focused on compostability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=45IbHkwmif4
• Xx.com/greenhope_co
• LinkedInlinkedin.com/company/greenhope-co

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenhope