Last deal

$32.5M

Amount

Debt Financing

Stage

28.04.2022

Date

3

all rounds

$36.2M

Total amount

General

About Company
Polygenta Technologies Limited (PTL) is a leading manufacturer of sustainable Polyester Filament Yarn.

Industry

Sector :

Subsector :

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Also Known As

Polygenta

founded date

01.01.1981

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The Indian company, based in Nashik, uses a breakthrough recycling technology to convert 1.5 million post-consumer PET bottles per day into roughly 10,000 MTs per annum of premium PFY. Their product line includes draw texturized yarn, partially oriented yarn, polyethylene terephthalate chips, and oligomer, with draw texturized yarn generating the most revenue. Revalyu Recycling (India) Limited, formerly known as Polygenta Technologies Limited, chemically recycles more than 1 billion PET bottles annually and aims to recycle over 6 billion by the end of 2025. The company is IMS - ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified, with a focus on sustainability and investing in futuristic work and technology.
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