Novoloop, a California-based startup specializing in advanced plastic upcycling, is making significant strides toward launching its first commercial-scale plastic upcycling plant, aiming to revolutionize the recycling of low-value, single-use plastics. The company recently completed a successful demonstration plant run that produces up to 70 metric tons annually of thermoplastic polyurethane (TPU), a high-demand material used in products ranging from athletic footwear to automotive seating[2][3][5].
The new plant, located near Surat, India, was constructed in...
The new plant, located near Surat, India, was constructed in under six months with support from industry leaders and the Rolex Perpetual Planet Initiative. Novoloop’s process chemically breaks down polyethylene waste—such as plastic bags, one of the hardest materials to recycle—into monomers. These monomers are then converted into polyols, which are intermediates used to produce TPU of comparable quality to virgin plastics but with up to 91% lower carbon emissions[1][5][11].
Novoloop’s CEO and co-founder Miranda Wang emphasized the st...
Novoloop’s CEO and co-founder Miranda Wang emphasized the strong market demand for their upcycled products, stating, “We’re sold out. Literally every time we make something, we’re sold out”[3][4]. This demand has fueled plans for a larger commercial facility, supported by a recent $21 million Series B funding round led by Taranis, with participation from investors like Valo Ventures and Shop Limited[3][7][15]. The funding will enable Novoloop to finalize the design and begin construction of the commercial plant, expected to be operational by early 2028[5].
The strategic partnerships Novoloop has forged, including wi...
The strategic partnerships Novoloop has forged, including with Huide Science and Technology in China, facilitate the integration of their polyols into existing polyurethane manufacturing supply chains. This collaboration accelerates commercialization and real-world impact by producing high-quality materials for established markets such as footwear and automotive industries[1][5].
Novoloop projects that by 2030, their upcycling technology c...
Novoloop projects that by 2030, their upcycling technology could convert up to 175,000 tonnes of plastic waste annually, reducing carbon dioxide emissions by approximately 800,000 tonnes per year. This scalable approach addresses critical environmental challenges posed by plastic waste, particularly single-use plastics, which currently have a recycling rate of only about 9% globally[1][3][9].
Industry experts have lauded Novoloop’s innovation as a brea...
Industry experts have lauded Novoloop’s innovation as a breakthrough in circular plastics technology, highlighting how it offers a practical, economically viable solution to plastic waste while enabling manufacturers to access high-quality recycled materials. The company’s Lifecycling™ technology exemplifies how chemical recycling can complement traditional recycling efforts and contribute to a more sustainable global plastics economy[7][9][13].
While challenges remain in scaling collection and processing...
While challenges remain in scaling collection and processing infrastructure for diverse plastic waste streams, Novoloop’s rapid progress, strong market demand, and robust financial backing position it as a leading player in the emerging field of plastic upcycling. The upcoming commercial plant launch will be a critical milestone in demonstrating the viability of chemically upcycled plastics at industrial scale, potentially setting a new standard for sustainable materials production worldwide[5][9].
🔄 Updated: 10/9/2025, 6:20:11 AM
Novoloop's advancement toward launching its commercial plastic upcycling plant, expected to operate by early 2028, has garnered strong industry approval for its innovative Lifecycling technology that converts difficult-to-recycle polyethylene into high-quality thermoplastic polyurethane (TPU) with up to a 91% carbon footprint reduction compared to conventional methods. Experts like environmental analyst Leigh Wolkovich praise Novoloop for setting a new standard in sustainable plastic recycling by producing economically competitive and desirable recycled materials, as evidenced by the company's $21 million Series B funding led by Taranis and a fully sold-out production capacity of 70 metric tons annually at its demonstration plant. Novoloop's CEO Miranda Wang highlights the strategic commercial partnership wit
🔄 Updated: 10/9/2025, 6:30:10 AM
Novoloop has taken a significant step toward launching its commercial plastic upcycling plant, announcing a pivotal deal with a major manufacturer to produce thermoplastic polyurethane (TPU) at scale. This partnership, aimed at overcoming the "valley of death" often faced by climate tech startups, paves the way for Novoloop's commercial plant to potentially start operations in early 2028, as stated by CEO Miranda Wang[5]. With a recent $21 million Series B funding round led by Taranis, Novoloop is accelerating its transition from demonstration to full commercial operations, positioning itself as a leader in the circular plastics economy[3][7].
🔄 Updated: 10/9/2025, 6:40:13 AM
Novoloop's announcement of advancing its commercial plastic upcycling plant has been met with bullish market interest, reflected in its recent $21 million Series B funding led by Taranis, showing strong investor confidence ahead of its 2028 plant launch[5][13]. Although Novoloop is privately held and does not have a public stock price, investor enthusiasm is evident from successful financing rounds totaling $45 million since 2022 and statements from CEO Miranda Wang highlighting demand outstripping supply in their demo plant production[5][4]. This momentum underscores positive market reactions anticipating Novoloop’s scaled impact in sustainable plastics recycling.
🔄 Updated: 10/9/2025, 6:50:15 AM
Novoloop has closed a $21 million Series B funding round—led by Taranis with support from Valo Ventures and SHOP Limited—to accelerate construction of its first commercial-scale plastic upcycling plant, bringing total capital raised to over $50 million as of June 2025[7][9][13]. While the company has demonstrated continuous production at its 70-metric-ton-per-year pilot plant in India and secured strategic manufacturing partnerships in China, there is no evidence in the latest announcements of direct regulatory or government involvement, such as policy support, permits, or incentives specific to this expansion[3][7][9]. “We’re thrilled to partner with Taranis, whose commitment to plastic circularity aligns with our global
🔄 Updated: 10/9/2025, 7:00:13 AM
Novoloop is advancing toward launching its commercial plastic upcycling plant, aiming to tackle the global plastic waste crisis by transforming hard-to-recycle polyethylene into valuable thermoplastic polyurethane (TPU) with up to a 91% reduction in carbon footprint compared to traditional methods[1][3]. The pilot plant in India, with a 70-tonne annual capacity expected by late 2024, has garnered strong international partnership and financial backing, including a $21 million Series B round led by global investors like Taranis, signaling wide industry confidence in scaling this circular economy solution[1][5][7]. CEO Miranda Wang emphasizes this as a pathway “toward a truly circular world,” reflecting growing global enthusiasm for sustainable plasti
🔄 Updated: 10/9/2025, 7:10:14 AM
Novoloop’s announcement of advancing toward a commercial plastic upcycling plant has sparked positive market reactions, with industry investors showing confidence as evidenced by the recent $21 million Series B funding led by Taranis, signaling strong financial backing amid growing demand[7][15]. Although Novoloop is privately held and does not have a public stock price, CEO Miranda Wang highlighted “We’re sold out. Literally every time we make something, we’re sold out,” underscoring robust market interest and anticipation ahead of commercial operations planned for early 2028[7][5]. This momentum positions Novoloop as a promising leader in sustainable plastics, drawing significant investor and partner support.
🔄 Updated: 10/9/2025, 7:20:21 AM
Novoloop is advancing toward commercial scale with its chemically upcycled thermoplastic polyurethane (TPU) plant, aiming for a 70-tonne annual plastic intake capacity by end of 2024, with phased operations starting Q1 2024 to optimize data and process scalability[1]. Their proprietary ATOD™ technology converts hard-to-recycle polyethylene waste into high-performance polyols used in TPU, achieving up to a 91% reduction in carbon footprint compared to traditional adipic acid production and offering prices competitive with fossil-based alternatives[1][3]. The startup recently secured a manufacturing partnership with Huide Science and Technology to produce Lifecycled TPU at commercial scale, marking a critical step toward a fully operationa
🔄 Updated: 10/9/2025, 7:30:18 AM
**Breaking News Update**: Novoloop's progress toward launching a commercial plastic upcycling plant has garnered significant attention, with regulatory bodies increasingly focusing on innovative recycling solutions. Recently, Novoloop secured key partnerships and funding, including a $21 million Series B round, positioning it for expanded production capabilities. However, specific regulatory responses or government incentives supporting Novoloop's commercialization efforts have not been detailed in recent announcements.
🔄 Updated: 10/9/2025, 7:40:18 AM
Novoloop's announcement of advancing toward its commercial plastic upcycling plant has been met with strong investor enthusiasm, reflected in its recent $21 million Series B funding led by Taranis, signaling confidence in scaling their technology[5][15]. Despite being a private company, market interest surged following their strategic partnership with Shanghai Huide Science & Technology, positioning Novoloop for commercial TPU production and solidifying their market presence[7][11]. CEO Miranda Wang emphasized, "For this product line, we have essentially achieved what would be the commercial relationship," underscoring the market validation driving positive sentiment around the stock and investment community[7].
🔄 Updated: 10/9/2025, 7:50:33 AM
Novoloop's progress toward launching its commercial plastic upcycling plant is reshaping the competitive landscape by establishing a scalable, cost-competitive alternative to fossil fuel–based plastics. With its pilot plant in India reaching a 70-tonne annual intake capacity by end of 2024 and plans to convert up to 175,000 tonnes of plastic waste by 2030, Novoloop is partnering with industry leaders like Aether Industries and Shanghai Huide Science & Technology to accelerate commercialization[1][3][9]. CEO Miranda Wang emphasized strong market demand, stating, "We're sold out. Literally every time we make something, we're sold out," signaling robust commercial interest and positioning Novoloop ahead in the emerging circular plastic
🔄 Updated: 10/9/2025, 8:00:27 AM
Novoloop’s advancement toward launching its commercial plastic upcycling plant has drawn positive expert analysis, highlighting its innovative Lifecycling™ technology that transforms hard-to-recycle polyethylene into competitive thermoplastic polyurethane (TPU) with up to 91% less carbon footprint than conventional processes[1][3]. Industry leaders praise this milestone: Dr. Aman Desai of Aether Industries calls the partnership “an ideal platform to usher in a new era of sustainable plastic management,” while environmental analyst Leigh Wolkovich notes Novoloop’s model “sets the standard for how businesses approach plastic recycling”[1][9]. With a pilot plant capacity of 70 tons per year and plans to scale to handle 175,000 ton
🔄 Updated: 10/9/2025, 8:10:19 AM
**Breaking News Update**: Novoloop is advancing toward launching its commercial plastic upcycling plant, following a recent $21 million Series B funding round led by Taranis[9][12]. This investment will support the construction of a facility capable of significantly scaling up production, with plans to transform up to 175,000 tonnes of plastic waste by 2030, reducing CO2 emissions by up to 800,000 tonnes annually[3]. CEO Miranda Wang noted that securing a manufacturing deal with Huide Science and Technology marks a crucial step in achieving commercial viability for Novoloop's upcycled thermoplastic polyurethane products[5][7].
🔄 Updated: 10/9/2025, 8:20:26 AM
Novoloop's pilot plant producing up to 70 metric tons of chemically upcycled thermoplastic polyurethane (TPU) annually has drawn strong industry acclaim for its innovative, scalable approach to plastic waste. Experts like environmental analyst Leigh Wolkovich praise Novoloop for demonstrating a viable circular economy model, while CEO Miranda Wang highlights the plant’s ability to cut carbon emissions by up to 91%, offering economically competitive materials that meet market demand and are already sold out[1][2][7]. The company’s $21 million Series B funding and strategic partnerships with global chemical manufacturers underpin expert confidence in Novoloop’s imminent commercial-scale launch expected by 2028[5][9].
🔄 Updated: 10/9/2025, 8:30:26 AM
Novoloop has confirmed its first major commercial supply agreement with Shanghai Huide Science & Technology, marking a critical step toward full-scale production of its upcycled thermoplastic polyurethane (TPU), with CEO Miranda Wang stating, “For this product line, we have essentially achieved what would be the commercial relationship”—though current output from its India demo plant remains limited to “tens of tons” per year while awaiting the launch of a commercial facility in early 2028[9]. Demand for Novoloop’s upcycled TPU, which slashes carbon emissions by up to 91% compared to conventional plastics[3], is surging, with Wang reporting, “We’re sold out. Literally every time we make something
🔄 Updated: 10/9/2025, 8:40:21 AM
**Breaking News Update: Novoloop Edges Closer to Commercial Upcycling Launch**
In a significant development, Novoloop has inked a strategic partnership with Shanghai Huide Science & Technology to scale up the production of its chemically upcycled thermoplastic polyurethane (TPU)[11]. Following a successful demonstration run, Novoloop is now on track to launch its commercial-scale plant by early 2028, backed by a recent $21 million Series B funding round[7][12]. CEO Miranda Wang highlighted the company's success in transforming plastic waste into high-demand materials, stating that "literally every time we make something, we're sold out"[5].