The Hemp Plastic Company

What The Hemp Plastic Company does

The Hemp Plastic Company, founded in 2018 and headquartered in Boulder, Colorado, is a B2B manufacturer of hemp-based bioplastic pellets and biocomposites designed as drop-in replacements for fossil-fuel-derived plastics. Its core product line consists of pre-formulated hemp bioplastic pellets (ready-made) and custom-formulated pellets engineered for specific manufacturing applications, plus hemp-blended biocomposites ranging from 25% to 100% bio-based resin content, with options for biodegradable or compostable end-products. The underlying technology leverages industrial hemp as a feedstock because hemp sequesters CO2 during growth (up to 1.6 tons of CO2 absorbed per ton of hemp), enabling carbon-negative material outputs, and the company claims improved injection-mold processing economics via lower processing temperatures and shorter cycle times versus conventional plastics.

The company serves plastic manufacturers, molders, consumer brands, and CPG/FMCG companies across North America, with applications spanning packaging, consumer goods, furnishings, architectural/construction, automotive, agricultural, and clean-tech uses. Go-to-market is sales-led and enterprise field-sales oriented, executed through direct engagement, contact-form and email inquiries, sample distribution, and collaborative custom-formulation work. Pricing is quote-based (not publicly disclosed), with terms of net-30 from shipment (FOB seller's shipping point) and a 1.5% monthly late charge; revenue is generated primarily through one-time pellet sales (standard and custom). Named customers and public testimonials include Blazy Brands, Material Maxim, SHAK Manufacturing, and individual designers/artists. The company has filed an SEC Form D for an exempt securities offering (February 2022, $10M target with $250K sold) and has raised across multiple small rounds totaling roughly $1.5M from 2018 through 2023.

Name

The Hemp Plastic Company

Legal name

The Hemp Plastic Company

Website

https://hempplastic.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

The Hemp Plastic Company manufactures hemp-based bioplastic pellets and biocomposites (25%-100% bio-based) sold directly to North American plastic manufacturers, molders, and consumer brands as sustainable drop-in replacements for fossil-fuel plastics.

Ownership category

akta.pro rank

Product category

Bioplastics

NAICS

Plastics Material and Resin Manufacturing (325211)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Bio-based & Biodegradable Polymer Resin Manufacturing (PLA, PHA, PBS, PBAT) (IMANANAA)

akta.pro secondary industry

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

Keywords

• Hemp bioplastics
• Biocomposite materials
• Bio-based resins
• Injection molding pellets
• Sustainable packaging materials

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hemp Bioplastic Pellets - Standard: Sale of pre-formulated hemp bioplastic pellets ready for immediate use in manufacturing. Products are available in volume today and can directly replace conventional plastics in existing production equipment.
2. Hemp Bioplastic Pellets - Custom: Custom-formulated hemp bioplastic materials developed to meet specific customer requirements and applications. Involves collaborative development with customers to achieve desired material properties.
3. Product Sales - Hemp Bioplastic Materials: Direct sale of biocomposite and bioplastic materials to manufacturers, with payment terms of 30 days from shipment. Pricing is F.O.B. seller's shipping point. Materials sold in pellet form for injection molding and other plastic manufacturing processes.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

The Hemp Plastic Company develops and sells hemp-based bioplastic pellets and biocomposite materials for manufacturers and molders. Products are available as standard ready-made pellets or as custom-formulated materials, with bio-based resin content ranging from 25% to 100%. Materials are engineered as drop-in replacements for traditional fossil-fuel plastics, designed to work with existing injection molding and other plastic manufacturing equipment, with options for biodegradable or compostable end-product specifications.

Product overview

The Hemp Plastic Company offers a portfolio of hemp-based bioplastic materials, including ready-made and custom hemp bioplastic pellets, hemp-blended biocomposites, and bioplastics. These materials are available in volume today and can replace conventional plastics without significant capital or operating expense. Products range from 25% to 100% bio-based resin content and can be biodegradable or compostable. Applications span packaging, consumer goods, furnishings, architectural/construction, automotive, agricultural, and clean tech industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Hemp Bioplastic Pellets Pre-formulated and custom hemp bioplastic pellets available in volume for immediate use in manufacturing processes such as injection molding. Customers include manufacturers and molders seeking drop-in sustainable replacements for virgin fossil-fuel resins.
• Hemp-Blended Biocomposites Low-carbon-footprint biocomposite materials made with sustainable and renewable hemp, offering 25%-100% bio-based resin content. Designed for manufacturers across packaging, consumer goods, furnishing, architectural/construction, automotive, agricultural, and clean tech applications.
• Hemp Bioplastics (Biodegradable / Compostable) Eco-friendly hemp bioplastic alternatives that can be specified as biodegradable or compostable, designed to replace traditional fossil-fuel-based plastics in applications ranging from packaging to consumer goods.

Quantifiable outcome

• 25%-100% reduction in plastic use by switching to Hemp Plastics
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• NatureWorks: NatureWorks is the world's largest dedicated manufacturer of PLA biopolymers (Ingeo brand), producing plant-based resins for packaging, foodservice, and consumer goods applications. It is the most relevant comparable to The Hemp Plastic Company as both develop and sell bio-based, drop-in polymer resins that replace fossil-fuel plastics via existing manufacturing infrastructure.
• Danimer Scientific: Danimer Scientific (NYSE: DNMR) develops and commercializes PHA-based bioplastic resins (Nodax) as biodegradable alternatives for packaging, foodservice, and coatings. It is a direct comparable to The Hemp Plastic Company as both sell bio-based, biodegradable polymer resins marketed on environmental performance and brand sustainability goals.
• TotalEnergies Corbion: TotalEnergies Corbion is a 50/50 joint venture that produces Luminy PLA resins from sugarcane for packaging, consumer goods, and 3D printing. It is a direct comparable to The Hemp Plastic Company as both supply certified bio-based polymer pellets to downstream manufacturers seeking drop-in, fossil-fuel alternatives with sustainability positioning.
• Novamont: Novamont is an Italian company that produces Mater-Bi, a family of starch-based and compostable bioplastics used in packaging, agricultural films, and consumer goods. Comparable to The Hemp Plastic Company as both sell bio-based, biodegradable polymer resins, with Novamont showing how a small specialist can scale across Europe in a market dominated by fossil-fuel incumbents.
• Kaneka: Kaneka Corporation (TYO: 4118) manufactures PHBH (polyhydroxybutyrate-hexanoate), a biodegradable polymer used in packaging, agricultural films, and consumer goods. It is a direct comparable to The Hemp Plastic Company as both produce bio-based polymer resins targeted at brands seeking certified compostable or biodegradable drop-in alternatives to conventional plastics.
• Mango Materials: Mango Materials is a California-based early-stage company that produces PHA biopolymers from methane gas for packaging and textile applications. It is a direct comparable to The Hemp Plastic Company as both are well-capitalized US-based bioplastic resin startups targeting the same brand sustainability-driven shift from fossil-fuel plastics.
• TianAn Bioplastics: TianAn Bioplastics is a Chinese manufacturer of PLA, PBS, and PHBV bioplastic resins and compounds for packaging, agricultural, and consumer goods applications. Comparable to The Hemp Plastic Company as both supply bio-based and biodegradable polymer pellets to industrial converters seeking lower-carbon alternatives.
• CJ CheilJedang: CJ CheilJedang produces PHA-based biopolymers for packaging and single-use applications via its CJ BIO division. Comparable to The Hemp Plastic Company as it develops and sells bio-based, biodegradable polymer resins into the same downstream applications (packaging, foodservice) and competes for sustainability-focused brand owners.

Broad incumbents

• Braskem: Braskem (B3: BRKM3, NYSE: BAK) is one of the world's largest petrochemical producers and the leading supplier of bio-based polyethylene (I'm Green) made from sugarcane. Comparable to The Hemp Plastic Company as both produce bio-based polymer resins marketed as sustainable drop-in alternatives, but Braskem operates on a fundamentally larger scale across a much broader petrochemical portfolio.

Emerging players

• Bcomp: Bcomp is a Swiss company that develops natural fiber composites (flax and hemp) for automotive interiors, sporting goods, and consumer products, marketed under brands like ampliTex and powerRibs. Comparable to The Hemp Plastic Company as both develop hemp-based composite materials for industrial manufacturers seeking sustainable, drop-in replacements for plastics and carbon fiber.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/plastichemp
• Facebookfacebook.com/hempplastic
• LinkedInlinkedin.com/company/hemp-plastic
• Instagraminstagram.com/the_hemp_plastic_company

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors

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 The Hemp Plastic Company