In 2018, Esperanza was founded with the vision to draw attention to the hazards of using single-use plastics and provide a solution to the problem of improper disposal of plastic waste.

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About Us

Esperanza, derived from the Spanish word meaning “Hope”, was established with an intent to shift the narrative of plastic as the evil and create optimism about its use


Our roots can be traced to 2018 when India hosted the World Environment Day with the theme “Beat Plastic Pollution.” It got us thinking and led to the founding of Esperanza September 27, 2018, as a plastic recycling company in India in order to find the solution to the plastic pollution problem. After obtaining accreditation from the Government of India, in 2019, Esperanza set up its first plastic recycling factory at Rajpura in Punjab. Starting with an initial recycling capacity of 3 Metric tonnes per day (MTD), today we have increased our capacity to 10 MTD. Today, we are recycling partners for reputable brands such Verka, Supreme, Max Speciality films limited, Pasupathi Group, Karo Shambhav, Ramky, Recykal, Waste Warriors and others, providing plastic recycling solutions and technical expertise.

What We Are Working Towards

Over the years, Esperanza has established a reputation for consistent supply of recycled plastic granules to over 60+ customers in the furniture, material handling, packaging, and automotive industries and to manufacturers of plastic recycled products in India. Beyond this, with an understanding of the problems that are facing the plastic recycling industry, we are working towards

Tackling the Problem at the Roots

Since our incorporation, we have collaborated closely with various stakeholders in the value chain, including experts from the petrochemical industry, plastic product manufacturers, end users of the product, waste pickers, aggregators, and plastic recycling companies to identify the real-world problems surrounding the generation and disposal of plastic waste



The accounting, business development and sales end of Esperanza are led by Prithvi Raj Singh. With his background in finance and law, he brings his strong business acumen and track record of delivering on P&L accounts to formulate new strategies and drive growth through changing paradigms and lead disruption. He is also at the forefront of generating leads for new business for the company and closing deals with customers.


With a passion for contributing toward sustainability, William Pal Singh, Head of R&D, Operations and Marketing at Esperanza, is leading the company towards becoming a leader in the plastic recycling industry. With formal training in commerce, advertising and PR, William is a self-taught expert on plastic waste materials and recycling who is keen on catalysing research into strategic business opportunities through innovation, collaboration, and technology.