Page 36 - Plastics News November 2025
P. 36
COMPANY NEWS
funding round in multiple tranches. The funding Essentially, “Verdicycle” delaminates, demetal-
round is led by UK-based Rewilding Wealth and lises, decolorises, and dissolves the PET, and
participation from Spectrum Impact, actress Dia also gives it a hot caustic wash. The layers from
Mirza, Acko cofounder Vishwanathan Ramarao, the MLP get separated in a chemical process, al-
among others. lowing the startup to use the relevant byproduct
for manufacturing.
WITHOUT set up an R&D lab in Pune and start-
ed working with local scrap shops run by for- Apart from its technology process, WITHOUT
mer waste workers. Over the past five years, the has also filed for two more patents.
startup developed its patented MLP separation The primary byproduct of the separation — Pol-
technology, with trial launches of its products. yolefins — are put into an extruder to get en-
While the end products it manufactures are cur- hanced polyolefins. The company is seeking a
rently being directly sold to consumers, Malpani patent on the formulation of this process.
admits the startup is yet to crack its long-term The second patent involves triacetylic acid,
B2B business vision. At the moment, WITHOUT one of the monomers in PET, another byprod-
looks like a D2C brand, but the technology has uct from the separation “The powder generally
potential to be extended into other large scale comes from fossil fuels, but we’re able to extract
manufacturing. it from unrecyclable waste. We have also filed a
The Tech That Makes WITHOUT patent for the process of purification of this acid,
Addressing the elephant in the room, what ex- which does not involve solvents,” Malpani said.
actly has WITHOUT figured out about MLP that Byproducts are converted into high-quality tiles
others have not. At the heart of it is Verdicycle, at 120 degrees Celsius and under atmospheric
the trademark for WITHOUT’s proprietary tech- pressure. WITHOUT claims that its process is
nology. water-based and does not use any organic sol-
The company collects multi-layered plastic vents. This process is said to be more cost-ef-
packaging waste from the scrap workers and fective than other chemo, mechanical, or chemi-
puts it in a chemical reactor. This type of plastic cal technologies.
includes 3–5 layers made up of polyolefins, PET, Source – INC 42
cellulose and aluminium.
36 PLASTICS NEWS November 2025
