SEAPET

Malaysia

Investment announced March 2026

SEAPET (formerly DDPCR) is a commercial-stage plastic recycling facility in Malaysia that transforms post-consumer and post-industrial PET flakes into high-quality, food-grade rPET packaging resins.

Equipped with state-of-the-art production lines yielding an annual capacity of 24,000 tonnes, DDPCR holds U.S. FDA LNO and EFSA food-safety certifications. This enables local and multinational brands to reliably source compliant, sustainable packaging materials to meet their regional supply chain and regulatory needs.

Following Circulate Capital’s buyout investment, SEAPETis scaling into an institutionalized, premier regional recycling provider. By leveraging our specialized networks, Circulate Capital is helping professionalize operations, stabilize feedstock supply, and expand premium corporate offtake channels to capture mounting commercial demand across Southeast Asia.

View More Companies