Chesapeake Materials Services

What Chesapeake Materials Services does

Chesapeake Materials Services is a Maryland-based plastics recycling and raw materials supplier founded in 2013. The company operates as a two-sided intermediary in the recycled plastics supply chain: it purchases post-industrial and post-consumer plastic scrap from recyclers, compounders, and grinders, then processes and resells the output — resin, regrind, reprocessed pellets, and flakes — to mid-sized and large manufacturers for injection molding, extrusion, and other production workflows. Its material portfolio spans HDPE, LDPE, PP, PET, PVC, ABS, Nylon, and Polycarbonate, with capability to handle wide-spec materials from frac melt up to 50 melt.

The business is built around an integrated service stack rather than a single commodity brokerage function. Core operational capabilities include in-house sorting, cleaning, shredding, melting, and compounding into reusable pellets or flakes; a company-owned fleet of over-the-road and local drivers that enables dropped trailers, same-day service, and backhauls; toll processing and material warehousing; certified destruction; and partner financing for equipment and large material purchases. The company explicitly positions itself as a turnkey replacement for fragmented networks of brokers, consultants, and logistics providers.

Commercial mechanics are transaction-based and quote-driven. Pricing varies by material type, melt index, color, contamination level, quantity, frequency, and prevailing market factors including oil and gas prices. Revenue is generated through the spread between purchase and sale prices on materials, plus freight and logistics fees, financing fees, and fees for toll processing and warehousing services. The company reports 200+ active manufacturing and recycling partners, and annual plastic repurposing volumes scaled from approximately 86 million pounds in 2019 to 110 million pounds in 2021, with a stated 2025 goal of 150 million+ pounds.

Name

Chesapeake Materials Services

Legal name

Chesapeake Materials Services

Website

https://cmsplastic.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Chesapeake Materials Services is a Maryland-based plastic recycling intermediary that purchases scrap from recyclers and supplies recycled resin, regrind, pellets, and flakes to manufacturers across the United States, supported by an in-house logistics fleet and partner financing programs.

Ownership category

akta.pro rank

Headquarters

HQ city

Edgewater

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Recycled Plastic Resin Sales: Chesapeake Materials purchases plastic scrap from recyclers and sells processed recycled plastic materials (resin, regrind, reprocessed pellets, flakes) to manufacturers. Revenue is generated through the margin between purchase and sale prices, with volumes driven by supply chain programs for ongoing material supply.
2. Logistics and Transportation Services: Transportation and logistics services using company drivers for pickup and delivery of materials. Revenue generated through freight and logistics fees associated with moving plastic materials in bulk.
3. Equipment Financing and Creative Payment Terms: Financing services for machinery and capital expenditures for manufacturing and recycling partners, generating revenue through interest or financing fees.
4. Toll Processing and Material Warehousing: Services including toll processing, material warehousing, and certified destruction for industrial clients requiring processing of their plastic waste streams.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Chesapeake Materials Services purchases post-industrial and post-consumer plastic scrap from recyclers and compounders, processes it through sorting, cleaning, shredding, melting, and compounding, and sells the resulting recycled resin (HDPE, LDPE, PP, PET, PVC, Nylon, ABS, Polycarbonate in regrind, reprocessed pellet, and flake forms) to industrial manufacturers. The company wraps this core flow with turnkey support services including in-house freight logistics, toll processing, material warehousing, certified destruction, equipment financing, and creative payment terms for both upstream suppliers and downstream manufacturing customers.

Product overview

Chesapeake Materials Services operates as a single unified offering—a full-service plastic recycling and materials supply platform. The core product combines recycled plastic materials sourcing and supply (HDPE, LDPE, PP, PET, PVC, Nylon, ABS, Polycarbonate) with plastic scrap purchasing, turnkey recycling solutions including equipment financing and toll processing, and integrated logistics services using company-owned drivers. These components function together as an end-to-end plastic waste management and materials supply service, connecting recyclers with manufacturers through a single partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• Recycled Plastic Materials Supply

Quantifiable outcome

• Over 150 million pounds of plastic repurposed annually — keeping material out of oceans and landfills
• +3 more outcomes

Named customers4 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

Partnerships

Three partnerships are on record, tiered minor and core.

• TAPP (Training Assessment Placement Project)minorStrategic or Co-development Partner · 1 January 2017Chesapeake Materials has featured TAPP, a workforce training program linking former inmates with manufacturing jobs in the plastics industry. TAPP is a for-profit company partnering with the Ohio Department of Rehabilitation and Corrections and PolymerOhio's manufacturing services arm to place reformed citizens with plastics manufacturers. Chesapeake Materials has featured this program on their blog, though a formal operational partnership is not explicitly confirmed.
• Over 200 Manufacturing and Recycling PartnerscoreOthersChesapeake Materials has built an ecosystem of over 200 manufacturing and recycling partners across the United States. The company forges relationships with suppliers, customers, and logistics providers, creating value through integrated turnkey solutions. Partners benefit from reduced downtime, consistent recycled product supply, and increased profitability.
• Michigan-Based Recyclers and ManufacturersminorStrategic or Co-development PartnerChesapeake Materials operates in Michigan, working with local recyclers and manufacturers in cities including Detroit, Grand Rapids, Warren, Flint, Lansing, Ann Arbor, and others. The company buys and sells specific materials in Michigan including HDPE crate repro, HDPE frac melt repro, LDPE rolls with print, PP injection grade regrind, and PET purge regrind.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• KW Plastics: One of the largest post-consumer HDPE and PP recyclers in North America, converting bottle and container scrap into recycled resin. Closely comparable to Chesapeake in core activity (buying scrap, selling reprocessed resin) and resin focus (HDPE/PP).
• MBA Polymers: Multi-resin recycler (ABS, PC, PP, HIPS) operating plants in the U.S. and internationally. Directly comparable as a buyer of post-consumer/post-industrial scrap and supplier of compounded recycled resin to manufacturers.
• Custom Polymers: U.S. toll compounder and recycler buying wide-spec and scrap plastic, reprocessing into custom compounds for converters. Comparable to Chesapeake on tolling, custom compounding, and broker-trader hybrid model.
• Avangard Innovative: Houston-based post-consumer and post-industrial plastics recycler operating collection, processing, and resale of PCR resin. Directly comparable as a U.S. recycler-distributor with a national footprint.
• CarbonLite: Major U.S. rPET recycler producing food-grade recycled PET resin from bottle scrap. Comparable as a processor-buyer of post-consumer plastic scrap selling resin to large manufacturers (beverage/CPG).
• Envision Plastics (Biffa Polymers): rPET and HDPE recycler (now part of Biffa) historically operating a U.S. recycling plant. Comparable as a recycled-resin supplier to brand owners and packaging manufacturers.

Broad incumbents

• Ravago: Global plastics distribution and recycling group with broad virgin and recycled resin portfolios across multiple geographies. Broader incumbent comparable to Chesapeake as it competes in recycled-resin distribution at much larger scale.
• Indorama Ventures: Global petrochemical and rPET giant with significant recycled-resin capacity and direct relationships with CPG/brand owners. A scaled incumbent competing for the same closed-loop resin supply contracts Chesapeake pursues.

Regional players

• Plastixx: Denmark-based recycler of post-consumer and post-industrial plastics into rPE and rPP compounds. Comparable recycler-distributor model but operating primarily in European markets rather than directly competing in the U.S.
• Plastrec: Quebec-based PET recycler producing food-grade rPET resin and flake for North American converters. Comparable recycled-resin producer serving manufacturers, but geographically concentrated in Canada rather than the U.S. Mid-Atlantic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/chesapeakematerials
• LinkedInlinkedin.com/company/chesapeake-materials-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Chesapeake Materials Services