GreenPlast
GreenPlast (Green Tech Bio Products) is a Coimbatore, India-based manufacturer of biodegradable, water-soluble PVA-based pellets, films, and bags, serving healthcare laundry, retail, industrial packaging, and agricultural customers through direct sales and a domestic distributor network.
- Company typePrivate
- Founded2015
- HeadquartersCoimbatore, India
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What GreenPlast does
GreenPlast, legally Green Tech Bio Products, is a Coimbatore, India-based materials manufacturer that produces biodegradable, water-soluble pellets, films, and bags. Founded in 2015, the company spent five years developing a proprietary formulation that combines Polyvinyl Alcohol (PVA), industrial starch, and vegetable oil derivatives into pellets that can be extruded on standard film-blowing machines without modification. The company positions itself as the first and only domestic Indian manufacturer of water-soluble biodegradable pellets and claims to be one of only two producers globally of PVA-based water-soluble pellets.
The product portfolio spans upstream raw material (GreenPlast Pellets), mid-stream films (25–120 micron in hot- and cold-water-soluble variants), finished bags (carry, garbage, pet-waste, sachets), reusable hot-water-soluble bio/fabric bags, and specialized water-soluble laundry bags for healthcare and commercial laundry operations. Functional properties include complete dissolution in water (3–5 minutes at 80°C for hot variants), full biodegradation in soil within 180 days, no microplastic residue, anti-static performance, and oxygen barrier properties suitable for packaging of agricultural chemicals and pharmaceuticals.
Commercially, GreenPlast sells its pellets to other film and bag manufacturers and sells finished products through a mix of direct website sales (with a sample-kit lead funnel), an actively-recruited domestic distributor/reseller network, and a global B2B direct sales channel targeting enterprise customers with custom specifications. Pricing is quote-based and not publicly disclosed, with the company emphasizing cost competitiveness as its primary value proposition versus imported alternatives. Customers span healthcare and commercial laundry, retail, industrial packaging, and agricultural/horticultural verticals. No revenue, headcount, funding, or named customer data is disclosed, and the company is privately held with no institutional investors identified in the source materials.
GreenPlast firmographics
Firmographics- Name
- GreenPlast
- Legal name
- Green Tech Bio Products
- Website
- https://greenplastindia.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Short description
- GreenPlast (Green Tech Bio Products) is a Coimbatore, India-based manufacturer of biodegradable, water-soluble PVA-based pellets, films, and bags, serving healthcare laundry, retail, industrial packaging, and agricultural customers through direct sales and a domestic distributor network.
- Ownership category
- akta.pro rank
GreenPlast industry classification
Industry- Product category
- Biodegradable Packaging Materials
- NAICS
- Plastics Material and Resin Manufacturing (325211), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Unsupported Plastics Film & Sheet (3081), Plastics Products, Nec (3089)
- akta.pro primary industry
- Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends) (IMANABAF)
- akta.pro secondary industries
- Compostable & Bio-based Flexible Films and Sheet (extrusion/cast/blown) (IMANANAC), Biodegradable Packaging Materials (films, trays, foams) (IMAEAOAB), Compostable & Bio-Based Flexible Packaging (PLA, PHA, Cellulose Films) (IMALABAO), Compostable & Biodegradable Disposable Supplies (CRAJAGAK), Biodegradable Medical & Hygiene Materials (absorbables, disposables substrates) (IMAEAOAL)
Keywords
Where GreenPlast is headquartered
LocationHeadquarters
- HQ city
- Coimbatore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
GreenPlast business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Biodegradable Pellets Sales: Sale of proprietary GreenPlast pellets as raw material for biodegradable bag/film manufacturers. Being the only Indian manufacturer of water-soluble biodegradable pellets gives cost advantage over imported alternatives.
- Water Soluble Bags and Films: Sale of finished products including laundry bags, carry bags, packaging films in various thicknesses (25-120 micron), colors, and sizes. Hot, warm, and cold water soluble variants available.
- Hot Water Soluble Bio Bags: Reusable heavy-gauge bags that dissolve in hot water at 80°C within 3-5 minutes, or in any water within 60-90 days. Available in 25-50 GSM thickness with printing options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Sample Kit Available |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
GreenPlast product offering
Product offeringCore offering
GreenPlast manufactures and sells PVA-based water-soluble biodegradable pellets as a raw material, along with finished water-soluble films, bags, fabric-style bio bags, and laundry bags. Products are made from industrial starch, Polyvinyl Alcohol, and vegetable oil derivatives, dissolve in water (hot or cold variants), and completely biodegrade in soil within 180 days without microplastic residue. The company serves bag/film manufacturers, retail businesses, healthcare and laundry operators, and industrial packaging users.
Product overview
GreenPlast is a product line of Green Tech Bio Products offering biodegradable water-soluble packaging solutions. The portfolio centers on proprietary GreenPlast Pellets as the core raw material, which are manufactured in India and can be processed using standard film blowing machines. These pellets are extruded into finished products including GreenPlast Films (water-soluble films in cold/hot variants for packaging), GreenPlast Bags (carry bags in various styles), GreenPlast Bio Bags (hot-water soluble reusable fabric-like bags), and GreenPlast Water Soluble Laundry Bags (for commercial and domestic laundry applications). The company positions itself as India's first and only manufacturer of biodegradable water-soluble pellets, enabling cost-competitive pricing compared to imported raw material alternatives.
Differentiator
Problem solved
Functional benefit
Products and services
- GreenPlast Pellets PVA-based water-soluble biodegradable pellets manufactured from industrial starch, Polyvinyl Alcohol, and vegetable oil derivatives. The core raw material sold to bag and film manufacturers, processable on standard film-blowing machines without modifications.
- GreenPlast Films Water-soluble biodegradable films in cold and hot water soluble variants. Used for packaging materials, agricultural chemicals, pharmaceuticals, hygiene products, printing on curved surfaces, and as base materials for wigs and embroidery. Thickness ranges from 25 to 120 micron.
- GreenPlast Bags Water-soluble biodegradable bags available in hot, warm, and cold water soluble variants. Styles include Grip-Hole Bags, W-Cut Bags, Pet-Waste Bags, Garbage Bags, and Water Soluble Sachets. Thickness ranges from 35 to 120 micron.
- GreenPlast Bio Bags (Fabric Bags) Hot water soluble bio bags resembling non-woven bags. Dissolve in hot water at 80°C within 3-5 minutes, or decompose in any water within 60-90 days. Durable, reusable, rainwater resistant, and available in 25 to 50 GSM thickness with printing options.
- GreenPlast Water Soluble Laundry Bags Cold and hot water soluble laundry bags designed for domestic and commercial washing machines. Dissolve completely leaving no residue on linen or machine. Available in green, pale green, and transparent color options.
Quantifiable outcome
- 90% degradation within 180 days in compostable conditions
- +2 more outcomes
Companies that use GreenPlast
Customer profileSegments4 records
Ideal customer profiles4 records
GreenPlast technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
GreenPlast partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
GreenPlast competitors and assessment
Company assessmentDirect peers
- TIPA Sustainable Packaging: Israel-based developer of compostable packaging films and bags targeting retail and flexible packaging. Directly competes with GreenPlast in biodegradable film/bag substitutes for single-use plastics.
- Aicello Corporation: Japanese manufacturer of water-soluble films (Solublon) and PVA-based materials for laundry bags, agrochemical packaging, and embroidery. Directly comparable to GreenPlast's water-soluble film and laundry-bag product lines.
- Aquapak Polymers: UK-based specialist in PVA-based water-soluble and biodegradable polymer technology (Hydropol). Direct competitor in the niche of water-soluble PVA pellets/films, addressing similar packaging, laundry, and hygiene end uses as GreenPlast.
- Plastic Suppliers Inc. (EarthFirst): US-based manufacturer of EarthFirst PLA-based biodegradable films for packaging and bags. Comparable as a direct competitor in bio-based flexible films for retail and packaging end uses.
Broad incumbents
- NatureWorks: US-based producer of Ingeo PLA biopolymer used in compostable films, fibers, and packaging. Comparable as a large biodegradable-pellet supplier feeding into the same converter base GreenPlast targets.
- Kuraray: Major Japanese chemical producer of PVA resins and Mowiflex water-soluble thermoplastic films. Comparable as a large, established PVA-polymer incumbent whose technology overlaps GreenPlast's core pellet/film chemistry at much greater scale.
- BASF: Global chemical major offering Ecoflex F and ecovio biodegradable/compostable polymer compounds for films and bags. Comparable as a large incumbent whose biodegradable portfolio overlaps GreenPlast's films and pellets.
- Novamont: Italian bioplastics producer (Mater-Bi starch-based compounds) supplying flexible films and bags. Comparable as a broader biodegradable-pellet and film incumbent addressing the same single-use-plastic-replacement use cases.
Emerging players
- BioBag International: Norway-based producer of compostable bags and films for retail, food waste, and agricultural applications. Comparable as a regional/niche player in finished biodegradable bags competing for similar single-use-plastic replacement demand.
- Lactips: France-based developer of water-soluble, biodegradable thermoplastic pellets from casein protein. Comparable as a smaller emerging innovator in water-soluble bioplastic pellets targeting packaging and hygiene applications.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
GreenPlast social profiles
Digital presenceGreenPlast financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenPlast leadership team
Management profileNumber of profiles
GreenPlast funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenPlast 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 GreenPlast
What does GreenPlast do?
GreenPlast manufactures and sells PVA-based water-soluble biodegradable pellets as a raw material, along with finished water-soluble films, bags, fabric-style bio bags, and laundry bags. Products are made from industrial starch, Polyvinyl Alcohol, and vegetable oil derivatives, dissolve in water (hot or cold variants), and completely biodegrade in soil within 180 days without microplastic residue. The company serves bag/film manufacturers, retail businesses, healthcare and laundry operators, and industrial packaging users.
Is GreenPlast a public or private company?
GreenPlast is a private company. It is classified as unknown and is currently operating.
When was GreenPlast founded?
GreenPlast was founded in 2015.
Where is GreenPlast based?
GreenPlast is headquartered in Coimbatore, India, in the Asia region.
How does GreenPlast make money?
Three revenue lines are on record. Biodegradable Pellets Sales are the primary driver. The others are water Soluble Bags and Films and hot Water Soluble Bio Bags.
Who are GreenPlast's main competitors?
Direct peers on record are TIPA Sustainable Packaging, Aicello Corporation, Aquapak Polymers and Plastic Suppliers Inc. (EarthFirst). Broad incumbents are NatureWorks, Kuraray, BASF and Novamont. Emerging players are BioBag International and Lactips.
Does GreenPlast have an API?
No public API is recorded for GreenPlast.
What industry is GreenPlast in?
GreenPlast's product category is Biodegradable Packaging Materials. Its primary akta.pro industry code is IMANABAF, Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends), with a secondary code of IMANANAC, Compostable & Bio-based Flexible Films and Sheet (extrusion/cast/blown). Its NAICS code is 325211 and its SIC code is 2821.