Neopara
Neopara is a private materials company that chemically modifies waste tire rubber into a patent-pending reinforcing filler sold to silicone formulators for sealants, coatings, and adhesives in the construction industry.
- Company typePrivate
- Founded2024
- HeadquartersAncaster, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Neopara does
Neopara is a private, early-stage materials company that produces a patent-pending reinforcing filler for silicone products made from chemically modified waste tire rubber. The company purchases ground-up used tires, applies a proprietary chemical modification that enables the rubber to bond with silicone polymers, and sells the resulting modified tire crumb as a filler ingredient to silicone formulators that manufacture sealants, coatings, and adhesives for the construction industry. Product testing has been completed with silicone sealants and white roofing formulations at filler loadings up to 40%, with claimed performance parity to virgin silicone and an avoided emissions footprint of roughly 16 kg CO2e per kilogram of silicone displaced.
The business operates a direct B2B sales model targeting silicone formulators globally, though current operations are concentrated in North America. Revenue is generated through hardware/ingredient sales on a quote-based pricing structure, with publicly undisclosed unit pricing. The go-to-market motion is consultative and field-sales driven, combining outreach for pilot customers with conference-led visibility at the Global Silicone Expo and the International Elastomer Conference, plus webinars and LinkedIn presence. The leadership team comprises CSO Michael Brook, PhD (Faculty of Science Chair in Sustainable Silicone Polymers at McMaster University, 315+ publications, 10 patents) and CTO Daniel Chen, PhD (12 patents in organic and polymer synthesis), with the company currently seeking outside capital and pilot customers to scale commercial adoption.
Neopara firmographics
Firmographics- Name
- Neopara
- Legal name
- Neopara
- Website
- https://neoparaco.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Neopara is a private materials company that chemically modifies waste tire rubber into a patent-pending reinforcing filler sold to silicone formulators for sealants, coatings, and adhesives in the construction industry.
- Ownership category
- akta.pro rank
Neopara industry classification
Industry- Product category
- Industrial Fillers / Sustainable Materials
- NAICS
- Rubber Product Manufacturing (3262), Rubber Product Manufacturing for Mechanical Use (326291)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Fabricated Rubber Products, Nec (3060)
- akta.pro primary industry
- Rubber Recycling (Crumb Rubber, Devulcanization) (IMANAMAE)
- akta.pro secondary industries
- Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock) (IMANAMAF), Specialty Rubber Compounds (FKM, HNBR, NBR, Silicone, CR) (IMANAJAB)
Keywords
Where Neopara is headquartered
LocationHeadquarters
- HQ city
- Ancaster
- HQ country
- Canada
- HQ region
- North America
Markets served
Neopara business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel
Revenue model
- Modified Tire Crumb Sales: Neopara purchases ground-up used tires, chemically modifies them into a reinforcing filler, and sells the modified rubber to silicone formulators. Revenue is generated through product sales of the modified tire crumb ingredient.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Neopara product offering
Product offeringCore offering
Neopara purchases ground-up waste tires and chemically modifies the rubber into a patent-pending reinforcing filler ingredient that bonds well with silicone polymers. The modified tire crumb is sold directly to silicone formulators in the construction industry, who incorporate it into sealants, coatings, adhesives, and roofing products to reduce material cost and carbon footprint while maintaining performance specifications equivalent to pure silicone.
Product overview
Neopara offers a single core product: Neopara Modified Tire Crumb, a patent-pending reinforcing filler for silicone products. This material is derived from waste tires that are purchased, chemically modified to bond with silicone, and sold to silicone formulators. The product serves as an ingredient that reduces both the carbon footprint and cost of silicone products including sealants, coatings, adhesives, and roofing materials.
Differentiator
Problem solved
Functional benefit
Products and services
- Neopara Modified Tire Crumb A patent-pending reinforcing filler ingredient for silicone products, made from chemically modified waste tire rubber. Sold to silicone formulators who add it to sealants, coatings, adhesives, and roofing formulations to reduce carbon footprint and cost while maintaining performance specifications equivalent to pure silicone.
Quantifiable outcome
- 16kg CO2e emissions avoided per kg of silicone displaced
- +3 more outcomes
Companies that use Neopara
Customer profileSegments1 record
Ideal customer profiles1 record
Neopara technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Neopara partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights4 records
Neopara competitors and assessment
Company assessmentBroad incumbents
- Cabot Corporation: Cabot is the world's largest producer of carbon black, a reinforcing filler used in rubber and some specialty applications. It is a broad incumbent in the reinforcing-filler space that Neopara's modified crumb rubber could partly substitute for in silicone formulations.
- Orion S.A. Orion is a major global carbon black producer serving rubber, plastics, and specialty applications. As a producer of incumbent reinforcing fillers, Orion is a pricing and performance benchmark for Neopara's recycled filler in silicone and rubber formulations.
- Wacker Chemie: Wacker is one of the world's largest silicone polymer producers and a likely customer/partner for Neopara. It sets the performance bar for silicone sealants, coatings, and adhesives and is a benchmark for any sustainable filler strategy seeking to enter the construction silicone market.
- Dow Inc. Dow is a global silicone majors through its DOWSIL franchise, supplying construction, electronics, and industrial silicone formulations. As a potential anchor customer, Dow is a key upstream gatekeeper whose qualification decisions materially shape Neopara's commercialization path.
Direct peers
- Lehigh Technologies: Lehigh Technologies produces micronized rubber powders from end-of-life tires, sold as feedstock and performance additives to rubber, plastics, and construction customers. It is the closest direct comparator to Neopara in turning recycled tire rubber into a higher-value industrial ingredient, though its chemistry is less application-specific than Neopara's silicone-targeted modification.
- Liberty Tire Recycling: Liberty Tire Recycling is the largest North American tire recycler, producing crumb rubber, rubber mulch, and tire-derived aggregate for downstream industrial and construction buyers. It sits upstream of Neopara in the tire-recycling chain, but competes for similar end-use applications where crumb rubber displaces virgin materials.
- Genan: Genan is one of Europe's largest tire recyclers, producing fine rubber powders and surface-modified rubber products sold into rubber, plastics, and construction markets. It is a direct comparator to Neopara's technology concept of converting waste tires into higher-value, application-specific rubber ingredients.
Emerging players
- RubberForm Recycled Products: RubberForm manufactures recycled-rubber products such as curbs, blocks, and traffic safety items from shredded tire rubber. It is an emerging player that competes with Neopara for downstream industrial applications of crumb rubber, particularly in construction and infrastructure.
- Beyond Leather Materials: Beyond Leather creates plant-based, low-carbon leather alternatives using recycled and bio-based feedstocks. While operating in a different end product, it shares Neopara's thesis of displacing virgin polymers with recycled-content ingredients for sustainability-driven customers.
Regional players
- Ragn-Sells Tire Recycling: Ragn-Sells' tire recycling division converts end-of-life tires into granulates and powders for industrial customers across the Nordics and Europe. Their work on surface-modified rubber recyclates aligns with Neopara's modified-crumb approach, though they operate primarily outside North America.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Neopara social profiles
Digital presenceNeopara financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neopara leadership team
Management profileNumber of profiles
Profiles2 records
Neopara funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neopara 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 Neopara
What does Neopara do?
Neopara purchases ground-up waste tires and chemically modifies the rubber into a patent-pending reinforcing filler ingredient that bonds well with silicone polymers. The modified tire crumb is sold directly to silicone formulators in the construction industry, who incorporate it into sealants, coatings, adhesives, and roofing products to reduce material cost and carbon footprint while maintaining performance specifications equivalent to pure silicone.
Is Neopara a public or private company?
Neopara is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Neopara founded?
Neopara was founded in 2024. It employs 1 to 10 people.
Where is Neopara based?
Neopara is headquartered in Ancaster, Canada, in the North America region.
How does Neopara make money?
One revenue line is on record: modified Tire Crumb Sales.
Who are Neopara's main competitors?
Broad incumbents on record are Cabot Corporation, Orion S.A., Wacker Chemie and Dow Inc.. Direct peers are Lehigh Technologies, Liberty Tire Recycling and Genan. Emerging players are RubberForm Recycled Products and Beyond Leather Materials. Ragn-Sells Tire Recycling is listed as a regional player.
Does Neopara have an API?
No public API is recorded for Neopara.
What industry is Neopara in?
Neopara's product category is Industrial Fillers / Sustainable Materials. Its primary akta.pro industry code is IMANAMAE, Rubber Recycling (Crumb Rubber, Devulcanization), with a secondary code of IMANAMAF, Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock). Its NAICS code is 3262 and its SIC code is 2821.