What Green loop does

Green Loop Co., Ltd. (株式会社グリーンループ) is a Japanese plastic recycling company founded in May 2006 and based in Kikugawa, Shizuoka Prefecture. It operates as a subsidiary of Veolia Japan Group, processing post-consumer household plastic containers and packaging into recycled resin pellets and ingots. Core outputs are PE (polyethylene) and PP (polypropylene) pellets plus PS (polystyrene) ingots; secondary finished products include resin pallets, gardening trays, rainwater storage tanks, sign posts, deck materials, and plant pots. The company is ISO 9001:2015 certified (since 2010) and Eco Action 21 certified (since 2009), and holds general waste processing and industrial waste disposal permits, the latter two added in 2019-2020.

The underlying operation is mechanical recycling: incoming sorted household plastic packaging is washed, sorted, separated, and extruded into pellets and ingots at the Kikugawa site, which spans 7,172㎡ with a 6,198㎡ factory and operates at a processing capacity of 120 tons per day. In FY2024 the facility received 24,316 tons of plastic container packaging and re-commercialized 12,156 tons of recycled pellets — roughly half of Japan's annual volume flowing through the Japan Containers and Packaging Recycling Association (JCPRA) system. The technology stack is conventional industrial process engineering rather than proprietary or AI-driven.

Green Loop's business model is B2B on a two-sided basis. Municipal governments supply the feedstock through the JCPRA-administered container and packaging recycling framework, and Japanese plastic molding manufacturers purchase the recycled pellets and ingots as raw-material inputs for downstream products. The company also engages in community-facing activities including factory tours and educational programming for over 2,000 visitors. Revenue is not publicly disclosed; the company employs 43 people and carries ¥90 million of registered capital. Its commercial economics are tightly tied to the regulated pricing set under the Japanese recycling system, with modest upside from finished-product line extensions.

Name

Green loop

Legal name

株式会社グリーンループ (GREEN LOOP, INC.)

Website

https://greenloop.jp

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Green Loop is a Japanese plastic recycling subsidiary of Veolia Japan Group that converts household plastic containers into PE, PP, and PS pellets for sale to plastic manufacturers, processing 12,156 tons of recycled resin annually at its Kikugawa, Shizuoka facility.

Ownership category

akta.pro rank

Product category

Recycled Plastic Manufacturing

NAICS

Materials Recovery Facilities (56292), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Plastics Product Manufacturing (3261)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Mechanical Recycling (Wash, Grind, Pelletize) (EUAIAKAB)

akta.pro secondary industries

Mechanical Plastics Recycling (Wash/Grind/Flake/Pellet) (IMANAMAC), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Packaging Waste Sorting & Recycling Technologies (Mechanical/Chemical Recycling, Sorting Systems) (IMALAMAL)

Keywords

• Recycled plastic pellets
• Plastic container recycling
• Polyethylene pellets
• Polypropylene pellets
• Polystyrene ingots

Headquarters

HQ city

Kikugawa

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Recycled Plastic Pellet Sales: Green Loop's primary revenue stream is manufacturing and selling recycled plastic pellets (PE pellets, PP pellets, PS ingots) produced from post-consumer plastic container packaging. These pellets are sold to plastic molding manufacturers who use them as raw material inputs for new plastic products. Revenue is generated through direct B2B sales of physical goods with no public pricing disclosed.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

Green Loop operates a material recycling facility that converts post-consumer plastic container packaging waste into high-quality recycled plastic pellets using proprietary mechanical and thermal recycling technology. The company manufactures and sells JIS-compliant recycled polyethylene (PE) pellets, polypropylene (PP) pellets, and polystyrene (PS) ingots directly to plastic molding manufacturers who use them as raw material inputs for new plastic products. The Kikugawa, Shizuoka facility processes up to 120.0 tons of plastic container waste per 24 hours.

Product overview

Green Loop is a plastic container packaging recycling company that operates a material recycling facility. The company collects plastic container packaging waste from municipalities, processes it through its own recycling technology, and produces high-quality recycled plastic raw materials called pellets. The core product line consists of three types of recycled plastic pellets: PE Pellets (polyethylene), PP Pellets (polypropylene), and PS Ingots (polystyrene). These pellets are sold to plastic molding manufacturers who process them into end-user products including resin pallets, gardening trays, rainwater storage tanks, sign posts, deck materials, and plant pots. The company operates as a registered operator under the Japan Container Packaging Recycling Association, processing approximately 40,000 tons annually (FY2024) of which 24,316 tons was received and 12,156 tons was re-commercialized.

Differentiator

Problem solved

Functional benefit

Products and services

• PE Pellets (Polyethylene Pellets) Recycled polyethylene pellets manufactured from post-consumer household plastic container packaging waste, sold to plastic molding manufacturers as raw material input for new plastic products. Compliant with JIS K7393-1-PE-MPO(REC).
• PP Pellets (Polypropylene Pellets) Recycled polypropylene pellets manufactured from post-consumer household plastic container packaging waste, sold to plastic molding manufacturers for use as raw material in new plastic products. Compliant with JIS K7393-1-PP-MPO(REC).
• PS Ingots (Polystyrene Ingots) Heat-processed and densified polystyrene and expanded polystyrene (EPS) ingots produced from post-consumer plastic packaging waste, serving as intermediate recycled raw material for downstream manufacturers.

Quantifiable outcome

• 12,156t of recycled plastic pellets produced and re-commercialized in FY2024 (April 2024 – March 2025)
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• 公益社団法人日本容器包装リサイクル協会 (Japan Containers and Packaging Recycling Association, Jcpra)coreStrategic or Co-development PartnerGreen Loop operates as a registered recycling operator under the Containers and Packaging Recycling Law (容器包装リサイクル法), collaborating with the Jcpra. Municipal governments deliver source-separated plastic containers to the association's facilities, and registered operators like Green Loop receive material for recycling processing. Approximately 400,000 tons of plastic containers are re-commercialized annually through this national framework.
• ヴェオリア・ジャパン合同会社 (Veolia Japan)coreStrategic or Co-development PartnerVeolia Japan is the parent/group company of Green Loop, providing governance, group strategy, and shared services. The privacy policy explicitly names Veolia Japan and its group companies as joint data processors and co-users of personal data collected through the website. Green Loop shares its corporate purpose and sustainability mission with the broader Veolia group, a global environmental services leader.
• 株式会社エコスファクトリー (Ecos Factory)minorOthersEcos Factory is listed as a related company on Green Loop's website links page. The relationship appears to be a sister/affiliated company within the same business network, though specific partnership details are not disclosed.

Scale indicators8 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Custom Resins: North American mechanical recycler producing PCR PE, PP, and PS resins from post-consumer streams. Comparable to Green Loop's mechanical recycling-to-pellet operations with similar customer base of molders.
• Envision Plastics Industries: PCR plastic recycler producing food-grade and industrial-grade recycled PE and PP pellets from post-consumer streams. Direct comparable in mechanical PCR pellet manufacturing and B2B sales to plastics manufacturers.
• KW Plastics: Largest US post-consumer HDPE and PP recycler, producing recycled pellets for blow molding and injection molding applications. Closely comparable business model: mechanical recycling of post-consumer plastics into pellets sold to manufacturers.
• MBA Polymers: One of the most established global mechanical recyclers producing post-consumer recycled PP, ABS, and engineering plastic pellets for injection molding. Directly comparable to Green Loop's mechanical recycling of post-consumer plastic into spec-grade pellets.

Broad incumbents

• Veolia Japan: Green Loop's parent company and part of global Veolia environmental services. Operates broader waste management and recycling platforms across Japan that overlap with Green Loop's mechanical recycling capabilities.
• SEKISUI CHEMICAL: Diversified Japanese conglomerate with plastics products and recycling operations, including PCR pellet production. A larger incumbent with overlapping recycling capabilities.
• Toyo Seikan Group Holdings: Major Japanese packaging manufacturer with integrated recycling operations under Japan's Container Packaging Recycling Law framework. Larger diversified player with overlapping recycling capabilities.
• Dai Nippon Printing: Japanese conglomerate with packaging and environmental businesses including plastic recycling operations under Japan's EPR framework. Larger diversified player with adjacent recycling capabilities.

Others

• TOMRA: Global leader in sensor-based sorting technology for materials recovery facilities. Adjacent technology provider whose optical sorters are used in MRFs similar to Green Loop's.

Regional players

• Plastic Recycling Corporation of California: California-based mechanical recycler of post-consumer PET and HDPE bottles into recycled pellets. Operates a comparable MRF-to-pellet model in a different geography.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Green loop