Circulus Holdings, PBLLC

Circulus Holdings, PBLLC is a company focused on transforming low-density polyethylene (LDPE) plastics into high-quality resins for industrial and commercial applications, addressing sustainability challenges in the packaging industry. Founded in 2019, Circulus Holdings is headquartered in Houston, US, and operates as a specialized recycler of LDPE plastics. The company has engaged in 3 deals, with its most recent deal occurring on June 20, 2024. The CEO is Mike Dulin.

Circulus specializes in transforming low-density polyethylene (LDPE) plastics into high-quality resins, known as CIRCA™, suitable for various commercial applications. By employing advanced recycling techniques, the company addresses sustainability challenges linked to consumer packaging materials commonly found in items like plastic bags and wraps. Its resins cater to diverse industries including film production, blow molding, and compounding with virgin materials, primarily focusing on North America. Circulus generates revenue through business-to-business transactions, supplying its CIRCA™ resins to manufacturers across packaging and consumer goods sectors.

Clients typically engage in bulk purchase agreements or long-term contracts which secure a consistent revenue stream, supported by the rising demand for sustainable materials. In June 2024, Dow Chemical Company agreed to acquire Circulus Holdings from Ara Partners, positioning the company to enhance its product offerings. This acquisition may pave the way for Circulus to expand its market reach and continue innovating within the recycling sector.