“We are excited to collaborate with HARKE to introduce our sustainable specialty polymers and synthetic waxes to the European market. This partnership enables GreenMantra to strengthen our global presence and expand our ability to divert plastics from our landfills and oceans,” said Jodie Morgan, CEO of GreenMantra.

GreenMantra is entering the European market soon after the EU adopted a new Circular Economy Action Plan, one of the main components of the European Green Deal, which targets the entire lifecycle of products to ensure that sustainable products become the norm in the EU. A key tenet of the plan is for producers to incorporate as much recycled material as possible, replacing prime material while reducing or eliminating single-use plastics.

This EU mandate for a circular economy strongly aligns with GreenMantra's mission to upcycle discarded plastics into higher value polymers that improve performance. GreenMantra’s materials are used in a diverse range of industrial applications including plastic compounds, extruded and injection molding parts, and asphalt roofing products. In each application, the additives enhance manufacturing efficiency and allow manufacturers to greatly increase the recycled content of their end products without sacrificing performance or profitability.

“At HARKE GROUP we are continuously seeking new materials to support our customers in their mission to drive sustainable innovation and create a circular economy for plastics, without sacrificing quality," said Thorsten Harke, president of HARKE GROUP. "We are delighted to add GreenMantra’s line of high-performance additives to our portfolio. This is the latest step in our journey to build our specialty range for sustainable raw materials. Our experienced colleagues from Coatings, Plastics & Polymers team look forward to providing extensive services for the plastic segment ranging from the development process to technical consulting during the test period through smooth raw materials delivery.”