Who We Are

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, 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. We follow a circular approach to the use and disposal of plastics and to this end, also impart material handling and segregation knowledge to the scrap aggregators for higher recovery of scrap and quality recycling. 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.

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 recyclers to identify the real-world problems surrounding the generation and disposal of plastic waste:

  • Improper knowledge about the consumption and disposal of plastic material
  • Lack of source segregation causes recyclable items to reach landfills, hence, affecting the environment
  • Poor recycling infrastructure producing low-quality material, leading to downcycling with low-value products

Greenwashing about the problem with no major contribution towards a lasting solution.

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 recyclers to identify the real-world problems surrounding the generation and disposal of plastic waste:

  • Improper knowledge about the consumption and disposal of plastic material
  • Lack of source segregation causes recyclable items to reach landfills, hence, affecting the environment
  • Poor recycling infrastructure producing low-quality material, leading to downcycling with low-value products

Greenwashing about the problem with no major contribution towards a lasting solution.

What We Are Working
Our Approach

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

  • Creating awareness of plastic use and management
  • Highlighting the issue of Waste in general and plastics specifically, Consumer disposal behaviour, Segregation and Recycling of waste
  • Contributing towards the idea of Zero Landfills and Sustainable living
  • Educating the public about the actual problems in the plastic recycling industry and how to overcome them

What We Are Working
Towards/Our Approach

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

  • Creating awareness of plastic use and management
  • Highlighting the issue of Waste in general and plastics specifically, Consumer disposal behaviour, Segregation and Recycling of waste
  • Contributing towards the idea of Zero Landfills and Sustainable living
  • Educating the public about the actual problems in the plastic recycling industry and how to overcome them

Our Team

Prithvi Raj Singh

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.

William Pal Singh

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.

Our Certifications

We have following ISO certifications:

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