I.Blu
I.Blu is an Italian chemical engineering company and Iren Group subsidiary that recycles post-consumer plastic waste into branded polyolefin granules (BLUPOLYMER) and decarbonization solutions (BLUAIR, BLU-C), selling them via direct B2B sales to industrial manufacturers.
- Company typePrivate
- Founded2010
- HeadquartersPasian Di Prato, Italy
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What I.Blu does
I.BLU S.r.l. is an Italian chemical engineering company that uses industrial processes to develop and produce technopolymers from post-consumer plastic waste, operating as a wholly owned subsidiary under the direction and coordination of Iren S.p.A., a listed Italian multi-utility group. The company runs selection and recycling facilities in Italy and recovers over 300,000 tons of plastic waste per year from separate collection, positioning itself as a national leader by volume and performance. Its core offering is BLUPOLYMER, a registered trademark for recycled polyolefin-based granules used as a circular raw material that substitutes virgin and critical raw materials in industrial manufacturing, supported by two further registered trademarks — BLUAIR (air quality and emissions reduction) and BLU-C (industrial decarbonization and process optimization) — that extend the portfolio into sustainability solutions for industrial buyers.
The underlying technology is built around proprietary patented industrial recycling processes designed to address difficult-to-recycle plastics, transforming post-consumer waste into high-quality secondary raw materials. I.Blu monetizes this through direct enterprise B2B sales of recycled plastic materials and decarbonization solutions to industrial manufacturers, with pricing that is quote-based and negotiated per customer rather than publicly disclosed. The customer base is horizontal — industrial manufacturers seeking to reduce dependence on imported raw materials, meet European recycling targets, and decarbonize production — reached via direct field sales rather than through a long-tail or SMB channel.
Operationally, I.Blu is integrated into the broader Iren Group ecosystem, sharing supplier portals, careers infrastructure, and corporate communications with sibling entities such as Iren Ambiente, Ireti, and Iren Acqua. Share capital stands at €9,001,000 fully paid-in, the registered office is in Tavagnacco (UD), Italy, and the company employs between 101 and 250 people. No independent external investors, acquisitions, or funding rounds are disclosed; strategic direction is set at the Iren Group level.
I.Blu firmographics
Firmographics- Name
- I.Blu
- Legal name
- I.BLU S.r.l.
- Website
- https://blupolymer.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- I.Blu is an Italian chemical engineering company and Iren Group subsidiary that recycles post-consumer plastic waste into branded polyolefin granules (BLUPOLYMER) and decarbonization solutions (BLUAIR, BLU-C), selling them via direct B2B sales to industrial manufacturers.
- Ownership category
- akta.pro rank
I.Blu industry classification
Industry- Product category
- Industrial Plastic Recycling
- NAICS
- Resin and Synthetic Rubber Manufacturing (32521), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Materials Recovery Facilities (562920), Plastics and Rubber Products Manufacturing (326)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)
- akta.pro primary industry
- Mechanical Recycling (Wash, Grind, Pelletize) (EUAIAKAB)
- akta.pro secondary industries
- Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA), Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF)
Keywords
Where I.Blu is headquartered
LocationHeadquarters
- HQ city
- Pasian Di Prato
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
I.Blu business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Recycled Plastic Material Sales: I.Blu generates revenue by selling recycled plastic materials (BLUPOLYMER) to industrial manufacturers. These recycled raw materials substitute virgin raw materials and critical raw materials in industrial processes, generating recurring revenue from B2B customers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
I.Blu product offering
Product offeringCore offering
I.Blu recycles post-consumer plastic waste through proprietary patented industrial processes, producing recycled polyolefin-based polymer granules (BLUPOLYMER®) and related product lines (BLUAIR®, BLU-C®) that substitute virgin and critical raw materials in industrial manufacturing processes. The company operates plastic waste selection and recycling facilities, processing over 300,000 tons of plastic waste annually, and supplies these circular raw materials to industrial manufacturers seeking to reduce dependence on virgin fossil-based inputs and meet decarbonization objectives.
Product overview
I.Blu operates as a circular economy company within the Iren Group, offering a portfolio of recycled plastic products. The core offerings include BLUPOLYMER® (recycled polyolefin-based granules), BLUAIR® (solutions for air quality and emissions reduction), and BLU-C® (products for responsible raw material use and industrial process optimization). These products transform post-consumer plastic waste into new raw materials that substitute virgin materials and critical raw materials in industrial processes, supporting decarbonization objectives.
Differentiator
Problem solved
Functional benefit
Brands
- BLUPOLYMER®: Recycled polyolefin-based granules for industrial use, substituting virgin raw materials.
- BLUAIR®
- BLU-C®
Products and services
- BLUPOLYMER® Recycled polyolefin-based polymer granules derived from post-consumer plastic waste, designed to substitute virgin raw materials and critical raw materials in industrial manufacturing processes. Sold to industrial manufacturers seeking circular raw materials for production.
- BLUAIR® Product line contributing to decarbonization and reduction of polluting emissions in industrial processes through circular economy solutions. Targeted at industrial customers seeking emissions reduction.
- BLU-C® Product offering designed for responsible use of raw materials and optimization of industrial processes within a circular economy framework, with a focus on carbon reduction.
- Plastic Waste Selection Services Industrial selection of plastic waste from separate collection (differentiated waste collection) at I.Blu facilities, recovering over 300,000 tons of plastic waste per year. Provided as part of the company's recycling value chain to industrial and municipal customers.
Quantifiable outcome
- Recovers over 300,000 tons of plastic waste from separate collection annually
- +3 more outcomes
Companies that use I.Blu
Customer profileSegments1 record
Ideal customer profiles1 record
I.Blu technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
I.Blu partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
I.Blu competitors and assessment
Company assessmentDirect peers
- Aquafil: Italian manufacturer of synthetic fibers and polymers, including ECONYL® caprolactam-based regenerated nylon produced from post-consumer and pre-consumer waste. Aquafil is one of the closest European analogues to I.Blu in producing high-quality recycled industrial polymers from difficult waste streams.
- COREPLA: Italian national consortium for the collection, recycling and recovery of plastic packaging (Consorzio Nazionale per la Raccolta, il Riciclo e il Recupero degli Imballaggi in Plastica). COREPLA orchestrates the Italian plastic-packaging recycling supply chain, the same value chain I.Blu operates in, making it the most directly comparable domestic counterpart.
Broad incumbents
- Remondis: Germany-headquartered, family-owned environmental services company and one of Europe's largest private recyclers of plastics, paper, metals and organics. Comparable in scale and integrated waste-to-recyclate operations, with overlapping European customer base.
- Veolia: Global environmental services and waste management group with significant plastics sorting, mechanical recycling, and chemical recycling operations across Europe. Veolia competes with I.Blu for feedstock supply and recycled-polymer offtake at much broader scale.
- Indorama Ventures: Global petrochemical group and one of the world's largest producers of PET resins, with significant recycled PET (rPET) operations across Europe, including food-grade bottle-to-bottle recycling. Comparable in producing recycled polymer resins for industrial and packaging customers at global scale.
- Suez: International environmental services group operating recycling, sorting, and recovered-materials businesses across Europe. Suez is a broad incumbent with overlapping plastics-recycling capabilities and similar B2B sales of recyclates to industrial buyers.
Regional players
- A2A: Italian listed multi-utility operating across waste management, recycling, energy and water — structurally analogous to Iren Group, I.Blu's parent. A2A is the most direct Italian peer at the utility level and operates competing plastics sorting and recycling activities in northern Italy.
- Hera: Italian listed multi-utility providing environmental services (waste collection and recycling), water, and energy across Emilia-Romagna and other Italian regions. Hera is structurally similar to Iren/I.Blu at the multi-utility level and operates competing plastics recycling infrastructure.
Emerging players
- Carbios: French biotech company developing enzymatic depolymerization processes to recycle PET and PLA back to monomer. Carbios targets the same industrial circular-economy value proposition as I.Blu but with a frontier biological-recycling technology.
- Plastic Energy: UK-headquartered advanced recycler using thermal anaerobic conversion (TAC) / pyrolysis to process hard-to-recycle plastics into recycled oils for new polymer production. Plastic Energy competes directly with I.Blu in the difficult-to-recycle plastics niche via a chemical rather than mechanical route.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
I.Blu social profiles
Digital presenceI.Blu financial estimates
Financial estimateRevenue estimate
Valuation estimate
I.Blu leadership team
Management profileNumber of profiles
I.Blu funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
I.Blu 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 I.Blu
What does I.Blu do?
I.Blu recycles post-consumer plastic waste through proprietary patented industrial processes, producing recycled polyolefin-based polymer granules (BLUPOLYMER®) and related product lines (BLUAIR®, BLU-C®) that substitute virgin and critical raw materials in industrial manufacturing processes. The company operates plastic waste selection and recycling facilities, processing over 300,000 tons of plastic waste annually, and supplies these circular raw materials to industrial manufacturers seeking to reduce dependence on virgin fossil-based inputs and meet decarbonization objectives.
Is I.Blu a public or private company?
I.Blu is a private company. It is classified as corporate owned and is currently operating.
When was I.Blu founded?
I.Blu was founded in 2010. It employs 101 to 250 people.
Where is I.Blu based?
I.Blu is headquartered in Pasian Di Prato, Italy, in the Europe region.
How does I.Blu make money?
One revenue line is on record: recycled Plastic Material Sales.
Who are I.Blu's main competitors?
Direct peers on record are Aquafil and COREPLA. Broad incumbents are Remondis, Veolia, Indorama Ventures and Suez. Regional players are A2A and Hera. Emerging players are Carbios and Plastic Energy.
Does I.Blu have an API?
No public API is recorded for I.Blu.
What industry is I.Blu in?
I.Blu's product category is Industrial Plastic Recycling. Its primary akta.pro industry code is EUAIAKAB, Mechanical Recycling (Wash, Grind, Pelletize), with a secondary code of EUAIAKAA, Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply). Its NAICS code is 32521 and its SIC code is 2821.