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.