December 10, 2020
Mumbai, India: Lucro Plastecycle Private Limited (Lucro) is a homegrown Indian manufacturer that specialises in recycling difficult-to-manage flexible plastic packaging for use in its own manufacturing and for sale as high-quality commodities to other facilities across the country.
Lucro focuses on films and flexible plastic that many others ignore because they believe there is inherent, untapped value that can be realised by turning plastic waste into valuable products.
Their trademark Plast-E-Cycle™ process sets new standards for the industry, as they buy back and recycle flexible plastic from manufacturers, retailers, distributors, scrap aggregators and waste pickers, thereby closing the loop in plastic usage.
Investment announced: April 2020