MyEco Group
MyEco Group (ASX: MCO) is an Australian sustainable packaging company that develops and manufactures proprietary biodegradable and compostable resins, films, and finished products under the Cardia Bioplastics and MyEcoWorld brands, serving retailers, councils, manufacturers, and pet industry customers across global markets.
- Company typePublic
- Founded2002
- HeadquartersNotting Hill, Australia
- Headcount51–100
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What MyEco Group does
MyEco Group Ltd. (ASX: MCO), formerly SECOS Group Limited, is an Australia-headquartered developer and manufacturer of biodegradable and compostable resin, film, and finished packaging products. Founded in 2002 and rebranded to MyEco Group in February 2025, the company operates through two vertically integrated sub-brands: Cardia Bioplastics (B2B resin and cast film sales to manufacturers and converters) and MyEcoWorld (B2C finished products including MyEcoBag compostable bags and MyEcoPet pet waste bags). Manufacturing is concentrated in Malaysia and China, with sales and marketing offices in Australia, the United States, Latin America, and China.
The company's core technology is proprietary biodegradable and compostable resin formulation and cast film production, certified to multiple international compostability standards including EN 13432, ASTM D6400, AS 4736, AS 5810, NFT 51-800, and the Global Recycled Standard for post-consumer recycled (PCR) content. The vertically integrated model spans raw resin production through to finished consumer goods, enabling quality control and supply chain security. Recent product development has extended into higher recycled-content products, including a 95% certified recycled MyEcoBag launched in February 2023 and a GRS-certified PCR Range launched in May 2026.
MyEco Group generates revenue through three streams: (1) B2B sale of Cardia Bioplastics resins and films on multi-year quoted contracts; (2) consumer product sales via retail distribution partnerships with Woolworths (970 stores), Coles (770 stores), and EzyDog (600 pet retail stores) in Australia, plus UNFI for US distribution; and (3) technology licensing royalties. The company targets four primary customer segments — local government councils implementing FOGO mandates, food packaging and consumer goods manufacturers, the pet industry, and agriculture — using a sales-led go-to-market combined with channel partner distribution. GTM operations span offices in Australia, the USA, Latin America, China, and Malaysia.
MyEco Group firmographics
Firmographics- Name
- MyEco Group
- Legal name
- MyEco Group Ltd.
- Website
- https://myeco.group
- Company type
- Public
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MyEco Group (ASX: MCO) is an Australian sustainable packaging company that develops and manufactures proprietary biodegradable and compostable resins, films, and finished products under the Cardia Bioplastics and MyEcoWorld brands, serving retailers, councils, manufacturers, and pet industry customers across global markets.
- Ownership category
- akta.pro rank
MyEco Group industry classification
Industry- Product category
- Sustainable Biodegradable Packaging Materials
- NAICS
- Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Bag and Pouch Manufacturing (326111), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)
- SIC
- Unsupported Plastics Film & Sheet (3081), Plastics, Foil & Coated Paper Bags (2673), Plastics Products, Nec (3089)
- akta.pro primary industry
- Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films) (IMALAMAB)
- akta.pro secondary industries
- Compostable & Bio-Based Flexible Packaging (PLA, PHA, Cellulose Films) (IMALABAO), Trash Bags & Bin Liners (CRAJAGAA)
Keywords
Where MyEco Group is headquartered
LocationHeadquarters
- HQ city
- Notting Hill
- HQ country
- Australia
- HQ region
- Oceania
Offices6 records
Markets served
MyEco Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Resin and Film Sales: Sale of proprietary biodegradable and compostable resins (Cardia Bioplastics brand) and cast films to manufacturers and converters. Revenue is generated through direct sales to business customers requiring sustainable material inputs for their production processes.
- End-Use Product Sales: Sale of finished consumer products under the MyEcoWorld brand, including MyEcoBag and MyEcoPet product lines through retail distribution channels and direct partnerships with major retailers.
- Licensing Royalties: Technology licensing arrangements for proprietary biodegradable and compostable technologies to third-party manufacturers and converters.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B Resin and Film Products - Custom Quoted |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
MyEco Group product offering
Product offeringCore offering
MyEco Group develops, manufactures, and sells proprietary biodegradable and compostable resins, cast films, packaging, and finished consumer products through two sub-brands: Cardia Bioplastics (B2B resin and film solutions for manufacturers and converters) and MyEcoWorld (B2C consumer goods including MyEcoBag kitchen and garbage bags and MyEcoPet pet waste bags). Products include post-consumer recycled content solutions and certified compostable caddy liners for FOGO collection programs, serving councils, packaging manufacturers, retailers, and consumers globally.
Product overview
MyEco Group operates as a leading developer and manufacturer of sustainable packaging materials and end-user products through a vertically integrated business model. The company produces proprietary biodegradable and compostable resins and high-quality cast films under the Cardia Bioplastics brand (established 2002), while offering finished consumer products including MyEcoBag and MyEcoPet under the MyEcoWorld brand (established 2020). The portfolio spans from raw material production through to finished goods, including compostable caddy liners for municipal FOGO programs, compostable and PCR-based bags for retail, and post-consumer recycled content products. The vertically integrated approach enables the company to deliver comprehensive sustainable solutions from resin development to finished products.
Differentiator
Problem solved
Functional benefit
Brands
- Cardia Bioplastics: Global pioneer in sustainable material innovation offering advanced compostable and biodegradable resin technologies and high-quality cast films for industries worldwide.
- MyEcoWorld
Products and services
- Cardia Bioplastics Resins and Films Sub-brand offering advanced compostable and biodegradable resin technologies and high-quality cast films for businesses and industries worldwide, including food packaging, agricultural film, and industrial applications.
- MyEcoWorld Finished Consumer Goods Sub-brand offering eco-friendly compostable and PCR-based alternatives to traditional plastics for homes and businesses, including kitchen bags, garbage bags, and pet poop bags.
- Compostable Resins Proprietary biodegradable and compostable resin formulations for industrial and commercial applications, enabling businesses to transition to sustainable packaging materials. Includes home and industrial compostable grades.
- Cast Films High-quality cast films manufactured from compostable and sustainable materials for packaging applications including food packaging, agricultural film, and industrial packaging.
- MyEcoBag Eco-friendly compostable bags for everyday household use including kitchen caddy bags and garbage bags, designed for food waste diversion. Includes 95% certified recycled content variants.
- MyEcoPet Compostable pet waste bags for responsible pet ownership, distributed through pet retail stores including EzyDog's 600-store network in Australia and UNFI in the USA.
- Compostable Caddy Liners Certified compostable caddy liners compliant with AS 4736-2006 for commercial composting, specifically designed for FOGO (Food Organics and Garden Organics) collection programs used by Australian councils.
- GRS-certified Post-Consumer Recycled Range Products incorporating verified post-consumer recycled materials meeting Global Recycled Standard (GRS) requirements, supporting circular economy principles.
Quantifiable outcome
- 30% increase in organic waste diversion rates for councils and commercial customers
- +2 more outcomes
Companies that use MyEco Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
MyEco Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MyEco Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- EzyDogcoreEzyDog serves as a distribution partner for SECOS MyEcoPet products, distributing compostable pet waste management solutions to 600 pet retail stores across Australia. This partnership provides access to the pet retail channel and enables MyEco Group to reach pet owners seeking sustainable alternatives.
- Pacchini Sales & DistributioncorePacchini Sales & Distribution distributes MyEcoBag and MyEcoPet product lines through regional distribution networks in Australian markets, extending product availability beyond major retail chains to independent retailers.
- Coles GroupcoreColes Group launched SECOS MyEcoBag products in 770 retail stores across Australia, providing mainstream consumer access to compostable shopping bag alternatives through one of Australia's major grocery retailers.
- Woolworths GroupcoreWoolworths Group expanded SECOS product range to 970 stores across Australia, representing the largest retail distribution footprint for MyEco Group consumer products and providing significant consumer reach for compostable bag and packaging solutions.
- United Natural Foods Inc (UNFI)coreUNFI selected SECOS MyEcoPet products for distribution in USA markets through their natural and organic foods distribution network, enabling MyEco Group to access the US market through a major specialty food distributor.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
MyEco Group competitors and assessment
Company assessmentDirect peers
- Novamont: Italian pioneer (now part of BASF) in biodegradable and compostable bioplastics for packaging, bags, and agricultural film. Directly comparable to MyEco's Cardia Bioplastics resin business, with overlapping compostable resin technology and similar end-use applications.
- BioBag International: Norway-based manufacturer of compostable bags for organic waste collection, retail, and consumer use. Direct competitor to MyEco's MyEcoBag product line and FOGO-targeted caddy liner products.
- TotalEnergies Corbion: Joint venture producing Luminy® PLA bioplastics for compostable packaging, single-use products, and films. Directly comparable technology platform and product portfolio to MyEco's compostable resins and films.
- TIPA: Israel-based developer of compostable flexible packaging films and bags for food and consumer goods. Directly comparable product offering to MyEco's MyEcoBag and cast film products targeting retailer and CPG customers.
- Danimer Scientific: US-based producer of PHA bioplastics under the Nodax® brand for compostable packaging, films, and consumer goods. Direct competitor in the broader bio-based/compostable resin market serving packaging customers.
- NatureWorks: US-based global leader in PLA bioplastics used for compostable packaging, films, and consumer goods. Directly competes with MyEco's Cardia compostable resin line in food-contact and packaging applications.
Emerging players
- Lactips: French emerging player producing water-soluble and bio-based thermoplastic materials for packaging. Adjacent technology in the broader bioplastics space with partial overlap to MyEco's compostable resin ambitions.
Broad incumbents
- Pactiv Evergreen: North American foodservice and consumer packaging manufacturer with growing sustainable packaging offerings. Overlaps with MyEco in compostable and bio-based foodservice disposables and bags, though operating at substantially larger scale.
- Amcor: Global flexible and rigid packaging giant with a sustainability portfolio spanning recyclable and bio-based packaging. Overlaps with MyEco in cast films, packaging materials, and global retailer supply relationships, though Amcor operates at vastly greater scale across many product categories.
- Sealed Air: Major global packaging company with sustainability-focused product lines including food packaging films and protective packaging. Comparable to MyEco in cast film and packaging film markets, with broader portfolio and customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MyEco Group social profiles
Digital presenceMyEco Group compliance and trust
Trust signalCompliance8 records
MyEco Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MyEco Group leadership team
Management profileNumber of profiles
Profiles3 records
MyEco Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
MyEco Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MyEco Group 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 MyEco Group
What does MyEco Group do?
MyEco Group develops, manufactures, and sells proprietary biodegradable and compostable resins, cast films, packaging, and finished consumer products through two sub-brands: Cardia Bioplastics (B2B resin and film solutions for manufacturers and converters) and MyEcoWorld (B2C consumer goods including MyEcoBag kitchen and garbage bags and MyEcoPet pet waste bags). Products include post-consumer recycled content solutions and certified compostable caddy liners for FOGO collection programs, serving councils, packaging manufacturers, retailers, and consumers globally.
Is MyEco Group a public or private company?
MyEco Group is a public company. It is classified as public and is currently operating.
When was MyEco Group founded?
MyEco Group was founded in 2002. It employs 51 to 100 people.
Where is MyEco Group based?
MyEco Group is headquartered in Notting Hill, Australia, in the Oceania region.
How does MyEco Group make money?
Three revenue lines are on record. Resin and Film Sales are the primary driver. The others are end-Use Product Sales and licensing Royalties.
Who are MyEco Group's main competitors?
Direct peers on record are Novamont, BioBag International, TotalEnergies Corbion, TIPA, Danimer Scientific and NatureWorks. Lactips is listed as an emerging player. Broad incumbents are Pactiv Evergreen, Amcor and Sealed Air.
Does MyEco Group have an API?
No public API is recorded for MyEco Group.
What industry is MyEco Group in?
MyEco Group's product category is Sustainable Biodegradable Packaging Materials. Its primary akta.pro industry code is IMALAMAB, Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films), with a secondary code of IMALABAO, Compostable & Bio-Based Flexible Packaging (PLA, PHA, Cellulose Films). Its NAICS code is 326112 and its SIC code is 3081.