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Circulate Capital Portfolio Spotlight: Deluxe Recycling

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April 4, 2022

Deluxe Recycling Private Limited (Deluxe) is a leading Indian plastic recycling company focused on difficult to recycle multilayer plastics (MLP) such as sachets and Used-Beverage-Cartons (UBC).

​Deluxe uses proprietary technology to transform this traditionally hard-to-recycle plastic into valuable products like pallets and rickshaw seats at a scale not previously seen in India.

​By creating a market for MLP waste, the company expects to divert 34,000 tons of waste from incineration or landfills by 2025, helping pave the way to a circular economy in India.