What PlastiCycle does

PlastiCycle Corp. is a privately held, B2B plastic recycling company founded in 1998 and headquartered in White Plains, New York, with manufacturing operations in Nashville, Tennessee and a newly acquired Franklin, Kentucky facility. The company purchases post-industrial plastic scrap — including film, parts, preforms, bottles, purge, pipe, regrind, and pellets across polymer types such as HDPE, LDPE, PP, PET, ABS, PS, Nylon, PC, and engineering thermoplastics — and processes it into recycled regrind and pellets for resale to plastic manufacturers, compounders, and converters. Its processing technology centers on two grinding lines and a pelletizing line at the Nashville facility (approximately 50 million pounds of annual throughput), with the Franklin expansion duplicating that configuration and adding a wash line to enable post-consumer and dirtier post-industrial material processing. The company also operates specialized HDPE poly pipe recycling, toll grinding and pelletizing, drop-trailer and free nationwide pickup, on-site equipment setup and training, Go Green consulting, and multi-material recycling services across over 200,000 square feet of manufacturing space.

The business model is a two-sided commodity recycling operation: PlastiCycle buys scrap from industrial manufacturers at scale (minimum 10,000 lb orders) and sells processed regrind and pellets typically in 40,000 lb truckloads, with pricing set on a quote basis against market and paid on net certified scale weights. Go-to-market is sales-led through direct phone outreach, email, and website quote forms, supported by coverage in industry publications such as Plastics News, Resource Recycling, and Plastics Recycling Update. The company is privately held with no disclosed funding rounds, revenue, or ownership structure, and as of 2022 is in an active expansion phase, investing approximately $6 million in a Franklin, Kentucky facility expected to double total processing capacity, add a wash line, and broaden the addressable market into post-consumer recycling.

Name

PlastiCycle

Legal name

PlastiCycle Corp.

Website

https://plasticycle.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Plastic Recycling Services

NAICS

Materials Recovery Facilities (562920), Materials Recovery Facilities (56292)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Mechanical Recycling (Wash, Grind, Pelletize) (EUAIAKAB)

akta.pro secondary industries

Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Film & Flexible Plastics Recycling (LDPE/LLDPE, Multilayer) (EUAIAKAE), Engineering Plastics Recycling (ABS, PC, PA, POM, PMMA) (EUAIAKAI)

Keywords

• Plastic recycling services
• Post-industrial scrap processing
• Recycled plastic pellets
• Toll grinding services
• Plastic regrind manufacturing

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Plastic Scrap Purchase and Recycling: Purchases post-industrial plastic scrap from manufacturers (film, parts, preforms, bottles, purge, pipe, regrind, pellets) and recycles into regrind or pellets for resale.
2. Recycled Plastic Sales: Sells recycled HDPE, LDPE, PP, PET, PS, ABS, Nylon and other engineering grade resins as regrind, pellets, film and parts to extrusion and injection molders. Typically sells 40,000 lb truckloads.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

PlastiCycle is a commercial plastic recycling company that purchases post-industrial plastic scrap from manufacturers, processes it into regrind and recycled pellets, and sells the recycled plastic materials back to manufacturers. Founded in 1998, the company provides B2B plastic recycling solutions throughout the United States, complemented by value-added services including toll grinding, pickup services, and consulting.

Product overview

PlastiCycle is a professional plastic recycling company founded in 1998, operating as a business-to-business service provider for manufacturers, compounders, and converters throughout the United States. The company operates a platform-based model consisting of three interconnected core offerings: Plastic Scrap Purchasing (buying post-industrial plastic waste including film, parts, bottles, pipe, regrind, and pellets), Recycled Plastic Sales (selling processed regrinds and pellets), and HDPE Pipe Recycling (specialized poly pipe processing). These core operations are supported by value-added services including Toll Grinding & Pelletizing, Prompt Pickup & Drop Trailer Service, Go Green Consulting, On-Site Equipment Setup & Training, Warehouse Storage & Logistics, Sorting/Segregating & Baling, Gaylord Box Exchange, and Multi-Material Recycling. With over 200,000 square feet of manufacturing space across Nashville, TN and Franklin, KY, PlastiCycle processes approximately 50 million pounds of HDPE, PP, and other resins annually, serving industries including automotive, housewares, beverage, packaging, construction, oil & gas, and utilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Recycled Plastic Pellets
• Plastic Regrind
• Toll Grinding Services
• Plastic Scrap Pickup Services
• Recycling Consulting Services

Quantifiable outcome

• Processes approximately 50 million pounds of HDPE, PP and other resins annually at Nashville facility
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• Ultra Poly Corporation: Ultra Poly is a U.S. recycler of post-industrial LDPE and LLDPE film scrap into pellets. It directly competes with PlastiCycle in film and flexible PE recycling and supplies compounders and film extruders.
• KW Plastics: KW Plastics is the largest HDPE and PP post-consumer recycler in North America, operating multiple facilities with hundreds of millions of pounds of annual capacity. It is the most direct large-scale competitor to PlastiCycle in HDPE/PP mechanical recycling for the same compounders and converters.
• Shuman Plastics: Shuman Plastics is a post-industrial plastics recycler buying and reprocessing scrap from manufacturers and selling compounded and reprocessed resins. It competes head-to-head with PlastiCycle in the buy-scrap / sell-recycled-resin model for industrial customers.
• Custom Polymers: Custom Polymers provides toll grinding, toll compounding, and custom polymer reprocessing services to manufacturers. It is a direct competitor to PlastiCycle's toll processing and post-industrial recycling offerings.
• MBA Polymers: MBA Polymers specializes in recycling engineering plastics (ABS, PC, PA, Nylon) from end-of-life durable goods. It is a direct peer given PlastiCycle's stated capability in ABS, Nylon, PC, and engineering grade resin recycling.
• Envision Plastics (Indorama): Envision Plastics operates HDPE and PET recycling lines, including post-consumer bottle PCR, and is now part of Indorama Ventures. It is a direct peer in HDPE recycling serving packaging and consumer brand customers, with food-grade certified output.
• CarbonLite (now Novolex/Indorama asset): CarbonLite historically operated the largest U.S. PET bottle-to-bottle recycling facilities. It overlaps with PlastiCycle's PET and bottle recycling scope and is a relevant scale reference point in PCR resin.
• Avangard Innovative: Avangard Innovative is a post-industrial and post-consumer plastics recycler with national logistics. It competes with PlastiCycle in the broader U.S. industrial scrap and recycled resin market.
• Clean Tech Inc. Clean Tech is a U.S. recycler that processes mixed plastics, including film and rigid containers, into PCR pellets for consumer and industrial markets. Comparable to PlastiCycle in providing PCR to compounders and converters.

Broad incumbents

• Indorama Ventures (PCR): Indorama Ventures is the world's largest PET producer and has aggressively acquired and built PCR capacity in the U.S. (including Envision). It is a broad incumbent competing across PlastiCycle's HDPE and PET recycling categories, typically at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

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 PlastiCycle