Oceanworks
Oceanworks is a Los Angeles-based marketplace that supplies post-consumer recycled ocean-bound plastic resins (HDPE, PET, PP, LDPE, PA6) to enterprise brands globally, complemented by Trident Technology, Track & Trace traceability, and the IMPAC+ plastic credit program.
- Company typePrivate
- Founded2018
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingDigital Commerce or Content
What Oceanworks does
Oceanworks is a Los Angeles-based Plastic Action Platform that operates a global marketplace for post-consumer recycled (PCR) ocean-bound and ocean-adjacent plastic materials. Founded in 2018, the company aggregates supply from a vetted network of collection groups, NGOs, and recyclers — predominantly in Southeast Asia, where roughly 60% of the world's ocean plastic originates — and distributes certified PCR resins (LDPE/LLDPE, HDPE, PP, PA6, PET, specialty resins) to brand customers across the Americas, Europe, and Asia through warehouses in California, Singapore, and Europe.
The company's core technology stack includes Trident Technology, an advanced recycling process that preserves polymer structure and properties to produce a new class of performance PCR plastic, and Track & Trace, an immutable encrypted ledger that documents chain of custody from collection through manufacturing. These are complemented by the Plastic Action Dashboard (LCA-driven traceability and impact metrics), the Oceanworks Guaranteed certification program (mechanical, chemical, and compliance verification), and the PlasticPledge Shopify app for e-commerce integration.
Oceanworks monetizes through three revenue streams: (1) unit-priced recycled resin sales on a multi-year contract basis with a 2,000 kg MOQ and bulk container pricing, (2) sample fees at 10kg increments for qualification, and (3) the IMPAC+ plastic credits program, a recurring subscription-like offset offering that lets brands neutralize residual plastic footprint. The company serves an enterprise-heavy customer base spanning beauty/personal care, fashion/apparel, food and beverage closures, consumer electronics, payment hardware, pet products, baby products, bicycles, and sailing sports — with named partners including YKK, Guala Closures, Block, iZettle (PayPal), Outerknown, West Paw, The Sak, Chipolo, Skip Hop, Electra, Roberts Beauty, and Kraus. Go-to-market combines direct enterprise field sales with a channel network of recyclers, compounders, freight forwarders, and a Shopify-integrated self-serve channel.
Oceanworks firmographics
Firmographics- Name
- Oceanworks
- Legal name
- Oceanworks, Inc.
- Website
- https://oceanworks.co
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Oceanworks is a Los Angeles-based marketplace that supplies post-consumer recycled ocean-bound plastic resins (HDPE, PET, PP, LDPE, PA6) to enterprise brands globally, complemented by Trident Technology, Track & Trace traceability, and the IMPAC+ plastic credit program.
- Ownership category
- akta.pro rank
Oceanworks industry classification
Industry- Product category
- Recycled Plastic Materials Marketplace
- NAICS
- Materials Recovery Facilities (562920), Plastics Product Manufacturing (3261), Materials Recovery Facilities (56292)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)
- akta.pro primary industry
- Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets) (EUAIAKAK)
- akta.pro secondary industries
- Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Recycled-Content Plastic Packaging (rPET, rHDPE, rPP) (IMALAMAC), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)
Keywords
Where Oceanworks is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Oceanworks business model
Business model- GTM type
- B2B
- Offering type
- Digital Commerce or Content
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Recycled Resin Sales: Oceanworks generates revenue through the sale of recycled ocean plastic resins and materials. Materials include LDPE, LLDPE, HDPE, PP, PA6, PET, and specialty resins. Revenue is generated through sample fees, container orders, and volume purchases with pricing varying by material type, requirements, source geography, and volume.
- IMPAC+ Plastic Credits: Oceanworks offers plastic offset credits through their IMPAC+ program. Brands can commit to removing specific amounts of plastic waste, tie removal to product sales, or incentivize customer action. This provides a recurring revenue stream tied to brand partner commitments and ongoing plastic collection programs.
- Sample Fees: Oceanworks charges for sample material to offset costs associated with procurement, testing, warehousing, and handling. Samples are available in 10kg increments and ship within 3-5 business days. Sample pricing is separate from volume pricing and not indicative of bulk pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Sample pricing for material testing and qualification |
| Unit Pricing | Multi-year contract | Volume pricing for production orders |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Oceanworks product offering
Product offeringCore offering
Oceanworks operates a global marketplace for post-consumer recycled (PCR) plastic resins sourced from ocean-bound, coastal, and waterway plastic waste, offering polymers including LDPE/LLDPE, HDPE, PP, PA6, PET, and specialty resins. The company complements its materials business with proprietary Trident Technology for advanced recycling, the IMPAC+ plastic offset credit program, the Plastic Action Dashboard for traceability and impact tracking, and the PlasticPledge Shopify app for e-commerce integration.
Product overview
Oceanworks is a Plastic Action Platform that provides a comprehensive ecosystem of recycled ocean plastic solutions. The core offering is a marketplace of PCR (post-consumer recycled) plastic materials sourced from ocean-bound, coastal, and waterway waste, available in various polymer types including LDPE/LLDPE, HDPE, PP, PA6, PET, and specialty resins. This is enabled by Trident® Technology for advanced recycling. The platform extends through complementary services: IMPAC+® plastic offset credits for brands seeking to go plastic neutral; the Plastic Action Dashboard for real-time traceability and impact tracking; Track & Trace for immutable supply chain documentation; and the PlasticPledge Shopify app for seamless e-commerce integration. Oceanworks Guaranteed® provides quality certification and verification for all materials.
Differentiator
Problem solved
Functional benefit
Brands
- IMPAC+: Plastic offset/credit program that enables brands to fund the collection of ocean-bound plastic waste that would not otherwise be commercially viable to recover.
- Trident Technology
- Oceanworks Guaranteed
- Plastic Action Dashboard
- Averted Plastic
Products and services
- Oceanworks Recycled Plastic Resins A marketplace of post-consumer recycled (PCR) plastic resins sourced from ocean-bound, coastal, and waterway plastic waste. Offerings include LDPE/LLDPE, HDPE, PP (polypropylene), PA6 (polyamide/nylon), PET, and specialty resins, with HDPE and PET having FDA Letters of No Objection for food-grade applications. Available in sample sizes (10kg increments) and volume orders (minimum 2,000 kg).
- IMPAC+ Plastic Offset Credits A plastic credits or offset program that enables brands to fund the removal of ocean-bound plastic waste from the environment. Provides a mechanism for companies to achieve plastic neutrality or go plastic negative by subsidizing collection of mismanaged plastic waste that would not otherwise be commercially collected. Includes Track & Trace verification and additionality calculation.
- PlasticPledge by Oceanworks (Shopify App) A free Shopify app that enables brands to integrate IMPAC+ plastic offsets directly into their Shopify stores. Merchants can establish monthly spending caps for plastic collection funding, customize triggers for when collection is funded (per order or spend thresholds), and add marketing tiles and banners showcasing plastic action impact.
- Plastic Footprinting Service A consulting service that helps organizations understand their plastic footprint by analyzing products, operations, office/personnel, and waste-related impacts. Includes data collection, expert analysis, and creation of a reduction plan.
- Plastic Action Dashboard A digital sustainability tracking platform providing brand partners with real-time traceability, impact metrics, carbon savings calculations via LCA calculator, and access to documentation including Certificates of Analysis, Technical Data Sheets, and Bills of Lading for supply chain, marketing, compliance, and finance teams.
Quantifiable outcome
- 1-2 tonnes CO2e savings per tonne of virgin plastic replaced
- +1 more outcomes
Companies that use Oceanworks
Customer profileNamed customers13 records
Segments6 records
Ideal customer profiles6 records
Oceanworks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
Oceanworks partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- KrauscoreKitchen and bath products company with continued partnership for sustainable product design using Oceanworks recycled ocean-bound plastics. Kraus showcased products at KBIS 2026.
- Roberts BeautycorePartnership with Roberts Beauty to remove 100,000 pounds of ocean-bound plastic through IMPAC+ program. Roberts Beauty tests Oceanworks resins for beauty packaging compatibility across various cosmetic packaging formats. Roberts Beauty is an award-winning packaging innovator under Innovative Beauty Group.
- Guala Closures GroupcoreExclusive ocean plastic supply agreement for spirits and wine closures market. Developed Blossom sustainable closures collection using 100% recycled ocean plastics. Guala Closures is a market leader manufacturing over 20 billion closures annually.
- BlockcoreBlock (formerly Square) partnered on two parallel initiatives: removal of 1,000,000 lbs of at-risk plastic through IMPAC+ program and execution of plastic footprint audit to establish baselines and reduction goals.
- YKKcoreDeveloped NATULON Ocean Sourced zipper collection using recycled ocean plastic PET fiber for zipper taping. Two-year quality assurance process resulted in commercial launch.
- iZettle (PayPal)coreCreated world's first ocean plastic credit card reader (Ocean Reader) made from 75% recycled plastic including discarded fishing nets. Each reader recycles half a square meter of intercepted fishing nets.
- The SakcoreLaunched ReSak collection featuring recycled fishing net polypropylene yarn for handbags. 18 months of testing and production setup. The Sak operates in 4,500+ department stores across 24 international markets.
- ChipolocoreLaunched Chipolo ONE Ocean Edition, world's only Bluetooth item finder made from recycled fishing nets. Rapid progression from strategic decision to product release completed in one year.
- West PawcoreCreated Seaflex product line with 12.5% ocean plastic content for dog toys and accessories. Certified B Corporation developed custom compounding with partner for food-safe, durable products.
- Skip HopcoreDeveloped bath essentials kit using reclaimed ocean-bound plastic sourced from Malaysia. Skip Hop is a global brand acquired by Carter's in 2017, providing families with baby and toddler products.
- ElectracoreCreated 100% recycled ocean plastic Plasket product for bicycles. Electra is known for innovative bicycle designs and sells globally.
- OuterknowncoreCreated world's first button made from recycled ocean plastics for S.E.A. Legs pants. Founded by Kelly Slater and John Moore. Ocean plastic buttons now featured on multiple Outerknown garments.
- SailGPcoreCreated medals from recycled ocean plastics for youth program (SailGP Inspire). Medals awarded at events starting with Sydney, Australia in February 2020. SailGP committed to zero-carbon by 2025.
- Collection Groups and NGOscoreOceanworks works with NGOs, governments, local community organizations, and micro entrepreneurs who collect mismanaged plastic waste. Plastic is primarily collected by these organizations and sold to regional recycling facilities.
- Freight ForwardersminorNumerous freight forwarder partnerships to provide competitive quotes on international freight shipping.
- Recyclers and ProcessorscoreGlobal network of trusted plastic recyclers that purchase local plastic scrap and process into usable plastic pellets, flakes or yarns. Oceanworks works closely with recyclers to promote material quality, origin authenticity, and compliance.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Oceanworks competitors and assessment
Company assessmentDirect peers
- rePurpose Global: rePurpose Global runs a plastic action platform with plastic credit/offset programs and marketplace capabilities targeting consumer brands, directly overlapping with Oceanworks' IMPAC+ offering and SMB integrations.
- Envision Plastics: Envision Plastics operates PCR resin manufacturing and compounding operations serving brand customers with recycled HDPE and PP, overlapping with Oceanworks' recycled resin sales and processing capabilities.
- Prevented Ocean Plastic (Bander): Prevented Ocean Plastic supplies recycled ocean-bound resin pellets (HDPE, PP) to brand manufacturers under a third-party verified chain-of-custody, closely overlapping with Oceanworks' resin marketplace and quality certification programs.
- CarbonLite: CarbonLite is a large-scale rPET and PCR resin producer serving beverage and consumer goods brands, overlapping with Oceanworks' food-grade HDPE and PET offerings for beverage closures and packaging customers.
- MBA Polymers: MBA Polymers is a global recycler producing post-consumer recycled engineering plastics (ABS, PC, PA), with comparable capabilities to Oceanworks' PCR resin offerings particularly for engineering polymers like PA6.
- Plastic Bank: Plastic Bank operates a global network collecting ocean-bound plastic and converting it into Social Plastic® feedstock, with a credit/offset program analogous to Oceanworks' IMPAC+. Both compete for brand partnerships seeking verified ocean plastic supply.
Emerging players
- Circulate Capital: Circulate Capital invests in and develops ocean plastic recycling infrastructure across South and Southeast Asia, intersecting with Oceanworks' supplier network and collection strategy in the same geographies.
- Plastic Energy: Plastic Energy operates chemical (advanced) recycling of mixed and contaminated plastic waste into recycled feedstocks, partially overlapping with Oceanworks' Trident Technology in tackling hard-to-recycle polyolefins.
Broad incumbents
- Eastman Chemical: Eastman is a major chemical company operating molecular recycling for PCR resins at scale, overlapping with Oceanworks' advanced recycling (Trident Technology) ambitions and competing for the same brand RFPs.
- Indorama Ventures: Indorama Ventures is one of the world's largest PET producers with significant PCR/rPET capacity, representing a scaled incumbent competing in the same recycled resin market Oceanworks addresses for PET applications.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Oceanworks social profiles
Digital presenceOceanworks compliance and trust
Trust signalCompliance6 records
Oceanworks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oceanworks leadership team
Management profileNumber of profiles
Profiles5 records
Oceanworks funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oceanworks 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 Oceanworks
What does Oceanworks do?
Oceanworks operates a global marketplace for post-consumer recycled (PCR) plastic resins sourced from ocean-bound, coastal, and waterway plastic waste, offering polymers including LDPE/LLDPE, HDPE, PP, PA6, PET, and specialty resins. The company complements its materials business with proprietary Trident Technology for advanced recycling, the IMPAC+ plastic offset credit program, the Plastic Action Dashboard for traceability and impact tracking, and the PlasticPledge Shopify app for e-commerce integration.
Is Oceanworks a public or private company?
Oceanworks is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Oceanworks founded?
Oceanworks was founded in 2018. It employs 11 to 50 people.
Where is Oceanworks based?
Oceanworks is headquartered in Los Angeles, United States, in the North America region.
How does Oceanworks make money?
Three revenue lines are on record. Recycled Resin Sales are the primary driver. The others are IMPAC+ Plastic Credits and sample Fees.
Who are Oceanworks's main competitors?
Direct peers on record are rePurpose Global, Envision Plastics, Prevented Ocean Plastic (Bander), CarbonLite, MBA Polymers and Plastic Bank. Emerging players are Circulate Capital and Plastic Energy. Broad incumbents are Eastman Chemical and Indorama Ventures.
Does Oceanworks have an API?
No public API is recorded for Oceanworks.
What industry is Oceanworks in?
Oceanworks's product category is Recycled Plastic Materials Marketplace. Its primary akta.pro industry code is EUAIAKAK, Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets), with a secondary code of IMANAAAH, Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins). Its NAICS code is 562920 and its SIC code is 2821.