Page 26 - Plastics News November 2025
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ENVIRONMENT NEWS







          WITHOUT® LAUNCHES PIONEERING


          PLASTIC RECYCLING PLANT IN PUNE


                                                                 fledged commercial plant slated for next year.

                                                                 This milestone is boosted by the support of truly
                                                                 patient impact investors through the close of a
                                                                 $1.9 million (approximately INR 16.8 crore) Seed
                                                                 Funding Round, led by Rewilding Wealth. The
                                                                 round also saw participation from actor-environ-
                                                                 mentalist Dia Mirza, impact fund Spectrum Im-
                                                                 pact, ex-Unilever's Packaging Lead, Veena More
                                                                 and Acko co-founder Vishwanath Ramarao. Dia
                                                                 Mirza also comes on board Without as a stra-
                                                                 tegic advisor, investor and advocate. This fund-
                                                                 ing represents a rare instance of truly patient
                                                                 impact capital in the climate tech space, ena-
                                                                 bling Without to prioritise long-term systems
                                                                 innovation over short-term returns, a luxury not
                                                                 often afforded to early-stage ventures in this
                 he impact-first deep-tech, cutting-edge         domain. This move marks a significant milestone
                 FOAK Demonstration plant is capable of          in the company's plan to commercialise its pro-
          Tprocessing up to 5 tonnes/month of ‘un-               prietary recycling technology and scale its foot-
          recyclable’ plastic waste.                             print across India and global B2B markets.

          Without, a Pune-based impact-first deep-              Without's biggest competitive advantage is its
          tech material science enterprise, announces the        patented process chemo-mechanically extracts
          launch of its pioneering FOAK recycling demon-         raw materials from the most complex post-con-
          stration plant in Pune, a move that aims to bridge     sumer waste like multi-layered plastic (e.g., chip
          the gap between innovation and inclusivity. The        packets, chocolate wrappers) and soiled textiles
          launch marks one of India's first integrated facili-   into high-grade polyolefins (VERDiFLX ) and
                                                                                                           TM
          ties capable of processing up to 5 tonnes/month        terephthalic acid (VERDiTPA ). Unlike pyrolysis
                                                                                              TM
          of ‘unrecyclable’ plastic waste. The 1,030 sq.m        or co-processing, Without's technology retains
          facility houses end-to-end processing, from ma-        material value, runs on lower energy and is mod-
          terial intake and separation to chemical transfor-     ularly scalable for urban and semi-urban deploy-
          mation, purification, and product manufacturing,       ment.
          with quality control and fully-stacked chemical
          lab testing embedded into a single operational         Anish Malpani, Founder and Director of Without
          stack. This FOAK plant is a precursor to a fully-      said, "This raise is not just about scale, it's about


             26   PLASTICS NEWS                                                                   November 2025
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