Chemco
Chemco is an India-based plastics manufacturer that processes post-consumer PET bottles into food-grade recycled PET (rPET) resin using Starlinger technology. It serves brand owners and packaging manufacturers in India seeking to comply with mandatory recycled-content regulations for food-contact packaging.
- Company typePrivate
- Founded1980
- HeadquartersMumbai, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Chemco does
Chemco is an India-based plastics manufacturer headquartered in Mumbai that has repositioned around bottle-to-bottle PET recycling and food-grade recycled PET (rPET) resin production. Founded in 1980, the company historically produced cosmetic bottles, dispensers, containers, jars, caps, shrink wraps, and films, and has now extended into processing post-consumer PET bottles into food-grade rPET resin suitable for direct food-contact packaging applications. Its core product line is food-grade rPET resin manufactured at a newly commissioned facility in Sanand, Gujarat, using Starlinger bottle-to-bottle recycling technology with capacity to process over 1 billion post-consumer PET bottles annually. The company also operates a May 2025 joint venture with Kandoi Group of Industries, committing USD 54.4 million to two additional renewable-energy-powered PET recycling plants in Gujarat that will add capacity for over 10 million bottles daily.
Chemco holds authorization from the Food Safety and Standards Authority of India (FSSAI) to manufacture food-grade rPET resin under the Food Safety & Standards (Packaging) Regulations, 2018, placing it among a select group of Indian producers permitted to supply rPET for direct food and beverage packaging. The company is pursuing a B2B sales model targeting brand owners and packaging manufacturers in India, positioning its offering to help customers comply with India's Extended Producer Responsibility (EPR) mandates requiring 40% recycled content in Category I rigid plastic packaging by FY 2026-27 and 60% by FY 2028-29. Revenue is generated through hardware sales of rPET resin and recycled materials to consumer goods companies and food & beverage brands, with pricing not publicly disclosed. Geographic focus is exclusively domestic (India), with no international footprint indicated in available sources.
Chemco firmographics
Firmographics- Name
- Chemco
- Website
- https://chemcogroup.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Chemco is an India-based plastics manufacturer that processes post-consumer PET bottles into food-grade recycled PET (rPET) resin using Starlinger technology. It serves brand owners and packaging manufacturers in India seeking to comply with mandatory recycled-content regulations for food-contact packaging.
- Ownership category
- akta.pro rank
Chemco industry classification
Industry- Product category
- Plastic Packaging Manufacturing
- NAICS
- Plastics Material and Resin Manufacturing (325211), Plastics Product Manufacturing (3261)
- SIC
- Miscellaneous Plastics Products (3080)
- akta.pro primary industry
- Food-Grade & rPET/rHDPE Recycling (Decontamination/SSP, Bottle-to-Bottle) (EUAIAKAD)
- akta.pro secondary industries
- Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets) (EUAIAKAK), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA), Recycled-Content Plastic Packaging (rPET, rHDPE, rPP) (IMALAMAC)
Keywords
Where Chemco is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Chemco business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Food-grade rPET resin sales: Chemco generates revenue by manufacturing and selling food-grade recycled PET (rPET) resin produced from post-consumer PET bottles to brand owners and packaging manufacturers requiring compliant recycled materials.
Go-to-market motion1 record
Distribution channels1 record
Chemco product offering
Product offeringCore offering
Chemco Group manufactures and sells plastic packaging products (bottles, containers, jars, caps, films) and operates a bottle-to-bottle PET recycling business that converts post-consumer PET bottles into food-grade recycled PET (rPET) resin. The company serves brand owners, packaging manufacturers, and consumer goods companies in India, with a major recycling facility in Sanand, Gujarat using Starlinger technology capable of processing over 1 billion post-consumer PET bottles annually into food-grade resin.
Product overview
Chemco Group operates a bottle-to-bottle recycling business that processes post-consumer PET bottles into food-grade recycled PET (rPET) resin for food-contact applications. The company's primary product is its food-grade rPET resin, manufactured at its recycling facility in Sanand, Gujarat. The product supports brand owners in meeting India's mandatory recycled-content requirements under the Plastic Waste Management Rules.
Differentiator
Problem solved
Functional benefit
Products and services
- Food-Grade Recycled PET (rPET) Resin Food-grade recycled polyethylene terephthalate (rPET) resin produced from post-consumer PET bottles through bottle-to-bottle recycling, intended for brand owners, packaging manufacturers, and consumer goods companies requiring compliant recycled material for direct food-contact packaging applications.
Quantifiable outcome
- Processing capacity of over 1 billion post-consumer PET bottles annually
- +1 more outcomes
Companies that use Chemco
Customer profileSegments2 records
Ideal customer profiles2 records
Chemco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Chemco partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Kandoi Group of IndustriescoreChemco Group entered into a joint venture with Kandoi Group of Industries in May 2025 to invest USD 54.4 million in establishing two renewable-energy-powered PET recycling plants in Gujarat. The facilities will have a combined capacity to process over 10 million PET bottles daily, expanding Chemco's production capabilities and sustainability positioning.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
Chemco competitors and assessment
Company assessmentBroad incumbents
- ALPLA Group: Global plastic packaging manufacturer with growing rPET and recycled-content packaging capabilities. Comparable as a large-scale converter integrating rPET into food and beverage packaging for brand owners globally.
- Indorama Ventures: Global PET and rPET producer with operations across packaging, fibers, and recycling. Comparable as a much larger incumbent setting global rPET benchmarks and competing with Chemco for multinational brand-owner accounts, particularly for export-oriented FMCG customers.
- Veolia Environnement: Global environmental services and waste management major with PET recycling operations. Comparable as a large-scale PET recycler with collection infrastructure and food-grade rPET output, operating as an incumbent that competes for brand-owner offtake worldwide.
Direct peers
- Srichakra Polyplast: India-based recycled PET resin producer serving packaging applications. Directly comparable to Chemco in rPET resin production for food-contact and consumer packaging customers in India.
- Dhunseri Petrochem: Indian manufacturer of PET resin and rPET with bottle-grade applications. Directly comparable in producing PET/rPET resin for packaging, with overlapping food-contact applications and India-focused customer base.
- Ganesha Ecosphere: One of India's largest rPET manufacturers producing recycled polyester staple fiber and chips from post-consumer PET bottles. Directly comparable to Chemco in feedstock (post-consumer PET), recycling technology, and customer overlap with Indian F&B and textile brands.
- Enviro Infra Engineers: India-based environmental services and recycling company with PET recycling operations producing rPET for packaging applications. Comparable as a domestic competitor chasing India's recycled-content mandates.
- Polyspin Exports: India-based rPET and recycled polyester manufacturer processing post-consumer PET bottles into fiber and chips. Comparable in feedstock sourcing, processing scale, and serving similar packaging and textile end-markets as Chemco.
Emerging players
- CarbonLite: US-based bottle-to-bottle PET recycler producing food-grade rPET for beverage brand owners. Comparable in technology (bottle-to-bottle), food-grade rPET output, and direct brand-owner customer model, though geographically distinct.
- CarbonLite / PolyQuest (combined rPET category): PolyQuest is a US-based recycler producing food-grade rPET and recycled resins. Comparable in technology and food-grade rPET supply model for packaging customers, though serving North American markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Chemco social profiles
Digital presenceChemco compliance and trust
Trust signalCompliance2 records
Chemco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chemco leadership team
Management profileNumber of profiles
Chemco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chemco 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 Chemco
What does Chemco do?
Chemco Group manufactures and sells plastic packaging products (bottles, containers, jars, caps, films) and operates a bottle-to-bottle PET recycling business that converts post-consumer PET bottles into food-grade recycled PET (rPET) resin. The company serves brand owners, packaging manufacturers, and consumer goods companies in India, with a major recycling facility in Sanand, Gujarat using Starlinger technology capable of processing over 1 billion post-consumer PET bottles annually into food-grade resin.
Is Chemco a public or private company?
Chemco is a private company. It is classified as unknown and is currently operating.
When was Chemco founded?
Chemco was founded in 1980. It employs 501 to 1,000 people.
Where is Chemco based?
Chemco is headquartered in Mumbai, India, in the Asia region.
How does Chemco make money?
One revenue line is on record: food-grade rPET resin sales.
Who are Chemco's main competitors?
Broad incumbents on record are ALPLA Group, Indorama Ventures and Veolia Environnement. Direct peers are Srichakra Polyplast, Dhunseri Petrochem, Ganesha Ecosphere, Enviro Infra Engineers and Polyspin Exports. Emerging players are CarbonLite and CarbonLite / PolyQuest (combined rPET category).
Does Chemco have an API?
No public API is recorded for Chemco.
What industry is Chemco in?
Chemco's product category is Plastic Packaging Manufacturing. Its primary akta.pro industry code is EUAIAKAD, Food-Grade & rPET/rHDPE Recycling (Decontamination/SSP, Bottle-to-Bottle), with a secondary code of EUAIAKAK, Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets). Its NAICS code is 325211 and its SIC code is 3080.