GreenMantra is the world’s only producer of low-carbon synthetic wax, and has made plastic recycling highly profitable. GreenMantra uses an advanced thermo catalytic process to convert waste plastic to high value synthetic waxes. Synthetic waxes are a base ingredient used in broad number industrial products – paints, adhesives, roofing shingles, ashphalt, plastic extruding and many others.
Unlike competitors, GreenMantra can build small modular plants that use local waste inputs to produce at a much lower cost than even the largest competitors. Its first commercial facility (6,000 tons/yr) in Ontario is completely sold out and construction is beginning on a number of new plants.
With its advanced technology and catalysts, GreenMantra is working on other breakthroughs. It has successfully converted a number of other waste plastics, like polystyrene, to create new sustainable chemical products.