Cirklo

What Cirklo does

Cirklo is a Brazilian circular economy platform for plastics, headquartered in Barueri, Brazil, with operating roots tracing to 1998 (one metadata source records a 2022 incorporation date for the current legal entity, but company materials state over 25 years of market experience). The company converts post-consumer PET bottles into food-grade post-consumer recycled PET resin (PET-PCR) using a bottle-to-bottle recycling process comprising washing, grinding (moagem), extrusion, crystallization, and post-condensation. Cirklo's product portfolio consists of two core grades — Resina PET-PCR INCOLOR (clear) and Resina PET-PCR VERDE (green) — both certified by ANVISA (Brazil/Mercosur) and the colorless grade additionally authorized by the FDA to fully substitute virgin PET resin in food-contact packaging.

Cirklo monetizes primarily through direct B2B sales of PET-PCR resin to brand owners and to transformers who mold it into finished packaging. The customer base spans food & beverage (Coca-Cola, Ambev, Danone), cosmetics and personal care (L'Oréal, Boticário, Natura, Colgate, Johnson & Johnson), household products (Unilever, Bom Bril, Ypê, Flora), and adjacent textile applications. The group is organized around wholly-owned subsidiaries GlobalPet (PET recycling and resin production) and Green PCR Flake Indústria e Comércio de Plásticos Ltda (PCR flake production). Pricing is transaction-based and negotiated through enterprise sales consultations, with no publicly disclosed pricing schedule.

Cirklo operates four manufacturing units across Brazil — São Carlos (São Paulo), Conde (Paraíba), Maceió (Alagoas), and Ananindeua (Pará) — and expanded annual production capacity from 40,000 tons in 2024 to a planned 115,000 tons by end of 2025. Capital partners include EB Capital, Circulate Capital, and Flying Rivers, with growth financing supplemented by recurring debenture issuances under the 'Debentures Cirklo Economia Circular' program through 2025-2026. The company is led by CEO Irineu Bueno Barbosa Junior and was recognized in 2026 at Sustainable Business COP30 in Belém as one of 48 private-sector projects of distinction in the Circular Economy category by the National Confederation of Industry (CNI).

Name

Cirklo

Legal name

Cirklo

Website

https://cirklo.eco

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Cirklo is a Brazilian circular economy platform that converts post-consumer PET bottles into food-grade recycled PET resin (PET-PCR) for major consumer goods brands in beverages, cosmetics, personal care, and household products.

Ownership category

akta.pro rank

Product category

Recycled Plastics Manufacturing

NAICS

Plastics Material and Resin Manufacturing (325211), Resin and Synthetic Rubber Manufacturing (32521)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH)

akta.pro secondary industry

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

Keywords

• Recycled PET resin
• Plastic recycling
• PET-PCR production
• Bottle-to-bottle recycling
• Circular economy plastics

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. PET-PCR Resin Sales: Primary revenue stream from selling post-consumer recycled PET resin (PET-PCR) to brand owners and transformers. Products include PET-PCR INCOLOR (colorless) and PET-PCR VERDE (green) resins. Sales are made directly to consumer goods companies for use in packaging production.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

Cirklo operates a bottle-to-bottle PET recycling platform in Brazil, purchasing post-consumer PET bottles and processing them through washing, grinding, extrusion, crystallization, and post-condensation to produce post-consumer recycled PET (PET-PCR) resin. The company sells two food-grade resin products — PET-PCR INCOLOR (clear) and PET-PCR VERDE (green) — directly to brand owners and transformers serving food & beverage, cosmetics, personal care, cleaning products, and textile sectors. Both resins are ANVISA and FDA certified to fully replace virgin PET in food contact packaging.

Product overview

Cirklo is a circular economy platform for plastics in Latin America that produces recycled PET resin (PET-PCR) from post-consumer PET bottles. The company operates a bottle-to-bottle recycling model producing two main resin products: Resina PET-PCR INCOLOR (clear grade) and Resina PET-PCR VERDE (green grade). Both products are certified for food packaging applications and serve brand owners, transformers, and packaging manufacturers across food, beverages, cosmetics, cleaning, and textile sectors. The production process includes bottle purchasing, washing, grinding, extrusion, crystallization, and post-condensation.

Differentiator

Problem solved

Functional benefit

Brands

• GlobalPet: Subsidiary focused on PET recycling and resin production. Website: globalpetsa.com.br
• Green PCR

Products and services

• Resina PET-PCR INCOLOR Post-consumer recycled PET resin in clear/transparent grade, authorized by the US FDA and ANVISA (Brazil/Mercosur) to completely substitute virgin PET in food packaging applications. Targets brand owners and packaging transformers in food & beverage, cosmetics, personal care, and cleaning product sectors.
• Resina PET-PCR VERDE Post-consumer recycled PET resin in green grade, used primarily for manufacturing green bottles. Offers identical mechanical properties and quality to the clear resin, with a natural green color from recycled green bottles that reduces the need for masterbatches. Targets brand owners and packaging transformers producing green-tinted packaging.

Quantifiable outcome

• 3.3 billion PET bottles recycled in 2024
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles2 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 core.

• Cooperativas e Operadores de Logística ReversacoreStrategic or Co-development PartnerCirklo partners with cooperatives and reverse logistics operators to structure PET bottle collection, strengthening the social and operational pillars of circularity in Brazil.
• GlobalPetcoreOthersGlobalPet is a group company under the Cirklo umbrella, operating as part of the circular economy platform for plastics.
• Green PCRcoreOthersGreen PCR Flake Indústria e Comércio de Plásticos Ltda is a group company operating under Cirklo, specializing in PET flake production for the recycling supply chain.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Indorama Ventures: Global integrated PET resin producer with significant PCR capacity via its Perpetual Recycling acquisitions. Competes with Cirklo for large FMCG contracts but operates a much broader virgin+recycled PET and packaging portfolio across multiple continents.
• ALPLA: Austrian-headquartered global packaging manufacturer that has invested heavily in rPET and bottle-to-bottle recycling. Overlaps with Cirklo in supplying recycled resin and preforms to Latin American and global brand owners.
• Biffa: UK-listed integrated waste management and recycling company with growing rPET and rHDPE output. Comparable in recycling platform breadth and B2B resin sales model, although its primary geography is the UK/Europe rather than Latin America.
• Far Eastern Industries: Asian PET and rPET resin producer with growing food-grade PCR offerings. Comparable to Cirklo as a competing PET-PCR supplier to multinational FMCG customers, though with a much larger global footprint.

Emerging players

• Loop Industries: North American PET recycler using proprietary chemical depolymerization to produce virgin-quality rPET. Overlaps with Cirklo as a PET-PCR supplier pursuing food-contact approvals and brand-owner offtake.
• SAEC / Sustainea: Mitsui-backed bio-MEG and rPET player developing PET-PCR and bio-based PET for beverage brands. Competes with Cirklo for long-term brand-owner PCR offtake commitments and sustainability-linked supply agreements.
• Plastixx: Denmark-based mechanical recycler focused on ocean-bound and post-consumer plastics into rPET and rHDPE pellets. Compares to Cirklo in upstream recycling technology, but is earlier-stage and serves European rather than Latin American customers.

Regional players

• Enviroplas: Brazilian recycled PET producer supplying PCR resin to domestic converters. A close regional comparable to Cirklo within the same Brazilian feedstock and customer ecosystem, competing for similar brand-owner contracts.

Direct peers

• CarbonLite: U.S.-based PET bottle-to-bottle recycler producing food-grade rPET for major beverage and consumer goods brands. Directly comparable to Cirklo in process technology (washing, extrusion, post-condensation) and FDA food-contact positioning.
• PetStar: Mexico-based bottle-to-bottle PET recycler, the largest food-grade PCR producer in Latin America. Closest direct comparable to Cirklo given similar bottle-to-bottle methodology, food-contact certifications, and shared LatAm FMCG customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cirklo-eco
• Instagraminstagram.com/cirklo.eco

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Cirklo