Green World Compounding

What Green World Compounding does

Green World Compounding, S.L. (GWC) is a Spanish industrial manufacturer specializing in recycled and recycled-content plastic compounds, operating as part of the GWPlastics Group from its headquarters and production facility in Alhama de Murcia, Spain. The company operates three core product lines: ALFACOM (polypropylene compounds reinforced with recovered glass fiber, chemically bonded to the matrix, available in 30–50% fiber loadings); ALFATEN (100% recycled low-density polyethylene granules derived from agricultural plastic waste such as greenhouse film and irrigation pipes); and ALFAFIL (polypropylene compounds and masterbatches loaded with mineral fillers including talc and calcium carbonate). Its underlying technology is plastics compounding — extrusion, blow molding, and injection molding — augmented by proprietary chemical bonding of recovered glass fiber to polypropylene and a closed-loop feedstock system through GIRPA, an integral agricultural plastic waste management service that provides full traceability from collection to final certification. Combined production capacity is 37,000 tonnes per year (15,000 Tm compounds and 22,000 Tm recycled LDPE), positioning GWC as the leader in Spain for recycled polyethylene and glass-fiber-reinforced polypropylene compounds.

The company serves a horizontal industrial customer base spanning the automotive sector (interior components, structural parts, under-hood components), appliance and electronics manufacturers, furniture producers, construction materials, industrial injection molders, film and packaging converters, and agricultural irrigation/piping manufacturers. Go-to-market is exclusively direct B2B sales — no distributors, resellers, or intermediated channels — with a collaborative product development model in which GWC's laboratory and R&D team co-formulates compounds to client specifications. The company also provides laboratory services for plastic characterization and a trading operation for secondary plastic materials. ISO 9001 quality certification is held via AENOR/IQNET.

GWC has secured multiple EU and Spanish public co-financing instruments (CDTI, FEDER, ICEX Next, INFO Region de Murcia) to support R&D, internationalization, energy efficiency, and equipment investments. The company is privately held with no disclosed equity investors; CEO Carlos Egea Caballero announced a €20 million investment plan over three years (announced June 2021) to consolidate European leadership in agricultural plastic recycling. Revenue is not publicly disclosed.

Name

Green World Compounding

Legal name

Green World Compounding, S.L.

Website

https://gwplastics-group.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Green World Compounding is a Spanish manufacturer of recycled and recycled-content plastic compounds (ALFACOM, ALFATEN, ALFAFIL) serving automotive, appliances, furniture, construction, and agricultural sectors through direct B2B sales from Alhama de Murcia.

Ownership category

akta.pro rank

Product category

Recycled Plastic Compounds Manufacturing

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Resin and Synthetic Rubber Manufacturing (32521), Plastics Product Manufacturing (3261)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastics Products, Nec (3089)

akta.pro primary industry

Reprocessed Resin & Recycled Polymer Compounding (PCR/PIR Compounds) (IMANAMAG)

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), Compounding & Additives for Recycled Plastics (Compatibilizers, Stabilizers, Color) (EUAIAKAJ), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)

Keywords

• Recycled polypropylene compounds
• Recycled LDPE granules
• Glass fiber reinforced compounds
• Agricultural plastic recycling
• Mineral filled masterbatches

Headquarters

HQ city

Alhama De Murcia

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Recycled LDPE/LDPE granules sales: Production and sale of 100% recycled low-density polyethylene (LDPE) granules derived from recovered agricultural plastics. Products sold in granule form for use in extrusion, blow molding, and injection processes. Multiple grades available based on origin (greenhouse, irrigation pipe) and color.
2. Recycled PP compounds sales (ALFACOM): Sale of polypropylene compounds reinforced with recovered glass fiber at varying percentages (30%, 40%, 50%), available in recycled or virgin matrix, in black or natural colors, with different melt flow indices for injection or extrusion applications.
3. Mineral-filled PP compounds and masterbatches (ALFAFIL): Sale of polypropylene compounds and masterbatches reinforced with talc or calcium carbonate, produced from virgin or recycled polymer matrices. Used in automotive, appliances, furniture, construction, and industrial injection applications.
4. Integral plastic waste management services (GIRPA): Integral agricultural plastic waste management service provided to agricultural societies, cooperatives, and municipalities. Includes collection, traceability, processing, and certification of recyclable materials.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Green World Compounding manufactures and sells recycled plastic compounds and granules, with three principal lines: ALFACOM polypropylene compounds reinforced with chemically bonded recovered glass fiber, ALFATEN 100% recycled LDPE granules derived from agricultural plastic waste, and ALFAFIL mineral-filled (talc or calcium carbonate) polypropylene compounds and masterbatches. The company also operates the GIRPA integrated plastic waste management service that collects, traces, and certifies agricultural plastic waste for use as production feedstock.

Product overview

Green World Compounding is a manufacturer of sustainable plastic compounds and recycled polyethylene, operating as part of GW Plastics-Group. The company produces three main product lines: Alfacom (polypropylene compounds reinforced with recycled glass fiber), Alfaten (recycled LDPE from agricultural plastics), and Alfafil (polypropylene compounds with mineral fillers such as talc and calcium carbonate). Production capacity reaches 15,000 Tm/year for compounds and 22,000 Tm/year for recycled LDPE. The company also offers laboratory services for R&D and quality control, GIRPA comprehensive plastic waste management services, and trading of secondary plastic materials.

Differentiator

Problem solved

Functional benefit

Brands

• Alfacom: Polypropylene compounds reinforced with recycled glass fiber, chemically bonded, available in virgin or recycled plastic matrices with different glass fiber percentages and melt flow indices.
• Alfaten
• Alfafil

Products and services

• ALFACOM ALFACOM is a range of polypropylene compounds reinforced with recovered glass fiber that is chemically bonded to the matrix, available in both recycled and virgin plastic variants with different glass fiber percentages (30%, 40%, 50%) and melt flow indices. It is sold to industrial manufacturers, particularly in the automotive sector, for use in injection and extrusion applications requiring high mechanical performance and lightweight properties.
• ALFATEN ALFATEN is a range of 100% recycled low-density polyethylene (LDPE) granules derived from recovered agricultural plastics such as greenhouse film and irrigation pipes. It is sold in multiple grades by origin and color, for use in extrusion, blow molding, and injection applications including irrigation pipes, films, bags, and industrial packaging.
• ALFAFIL ALFAFIL is a range of polypropylene compounds and masterbatches reinforced with mineral fillers such as talc or calcium carbonate, available in virgin or recycled grades and offered as standard compounds or custom formulations. It targets automotive, appliances, furniture, construction, and industrial injection applications where dimensional stability and processability are required.
• GIRPA - Gestión Integral de Residuos Plásticos (Comprehensive Plastic Waste Management) GIRPA is an integral plastic waste management service that provides collection, traceability, processing, and certification of agricultural plastic waste for agricultural societies, cooperatives, and municipalities. The service creates a closed-loop recycling pipeline that supplies feedstock for ALFATEN production while ensuring regulatory traceability and proper disposal for agricultural sector clients.
• Laboratory Services Laboratory Services encompass product development, plastic characterization, and quality control support provided by an in-house R&D team with specialized equipment. The service supports the development of new sustainable compounds and ensures quality consistency for industrial customers.
• Trading Trading is a service offering the marketing of secondary plastic materials, including LDPE (pipes, bicolor film, parral film), PP (thermal blanket, containers, big-bags), HDPE (mosquito net, containers, irrigation tape), and PVC (pipes, window frames, shutters). The service is offered to industrial buyers requiring access to recycled and secondary plastic materials.
• ALFACAR - High-Performance Recycled Polypropylene for Automotive ALFACAR is a high-performance recycled polypropylene product line for the automotive sector, developed under CDTI co-funding to deliver new raw materials with high lightness and impact resistance using 100% recycled content. It targets automotive interior, structural, and under-hood component applications requiring demanding mechanical and environmental performance.

Quantifiable outcome

• 15,000 Tm/year compounding capacity and 22,000 Tm/year LDPE production capacity
• +2 more outcomes

Segments7 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

Partnerships

One partnership is on record.

• GWE PlasticsminorOthersRelated group company listed on the company website as a related link, suggesting affiliation within the GW Plastics Group corporate structure.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MBA Polymers: Specialist recycler of post-consumer plastics into engineering-grade recycled PP, ABS and other polymers. Closely comparable as a focused recycled-polymer resin producer competing for similar industrial and automotive customers.
• Axion Polymers: UK-based recycler producing recycled PP and polyolefin compounds from post-consumer and end-of-life plastics. Comparable as a niche European compounder of recycled polyolefins targeting similar industrial applications.
• Morssinkhof Plastics: Dutch producer of recycled LDPE and PP granules for film, pipe and injection applications. Directly comparable to GWC's Alfaten and Alfacom/Alfafil product lines in recycled polyolefin compounds.

Broad incumbents

• Veolia Plastics Recycling: European waste-management and plastics-recycling arm of Veolia, producing rPP and rPE recyclates. Comparable in feedstock collection and recycled-resin output, though broader in scope than GWC's agricultural focus.
• LyondellBasell (Circulen): Polyolefin major with CirculenRenew and CirculenPlus recycled and renewable PP grades. Competes with GWC for automotive and industrial OEM customers seeking recycled-content polypropylene.
• Paprec Group: French recycling group active in plastics recovery and recycled resin production. Comparable on feedstock collection and recycled-polyolefin supply, but at much larger group scale and broader waste-stream coverage.
• Borealis (Borcycle): Polyolefin producer operating the Borcycle mechanically recycled PP/PE range. Directly competes with GWC's Alfacom/Alfaten in supplying recycled PP compounds to European automotive and packaging customers.
• SABIC (TRUCIRCLE): Global chemical major offering TRUCIRCLE certified circular PP/PE compounds. Comparable as a competing supplier of recycled-content polypropylene compounds into European automotive and consumer-goods markets.
• Ravago: Global plastics compounder and recycler with European recycled-polyolefin and recycled-compound offerings. Highly comparable as a competing compounder of recycled PP/PE for industrial and automotive applications, but at significantly larger scale and broader portfolio.

Regional players

• KW Plastics: Largest US recycler of post-consumer PP and HDPE into recycled compounds. Comparable product offering to Alfacom/Alfafil but primarily serves North American automotive and industrial customers rather than competing directly in Europe.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/green-world-compounding
• Xx.com/GWCompounding

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Green World Compounding