Banyan Nation

Banyan produces human contact safe, traceable rPE resins at consistent technical, color and odor performance.

Banyan claims it is the only company that has its recycled polyolefin materials certified for use in everyday human contact packaging applications such as shampoo, lotion and detergent bottles.

The company has become the sole supplier of high-quality blow-grade recycled HDPE resin in India.

Among its clients are Hindustan Unilever, Reckitt, Shell and HPCL.

Our HDPE and LDPE granules are widely used in the packaging, manufacturing, automotive, and home care sectors—for bottles, tubes, closures, films, and more.

Unilever and Reckitt certified Banyan's plant and PCR (post-consumer resin) for commercial supply, and launched Surf Excel, Comfort, Tresemme, Sunsilk, Harpic and Dettol using 10-30% Banyan PCR content in their bottles (2020).

Banyan has signed multi-year contracts with Unilever and Reckitt for direct supply of recycled resin.

A 40-member field staff uses digital mapping and tracking tools to collect HDPE and PP waste from the informal recycling sector.

At its state-of-the-art Hyderabad facility, discarded plastic bottles and packaging are transformed into premium-grade granules using proprietary hot wash and advanced deodorization technologies.

Thousands of informal waste collectors and aggregators have been mapped, trained and integrated to assure material traceability across the value chain.

A DFC-financed expansion is set to increase the company's aggregate recycling capacity from 15,000 to 51,000 tons per annum via a new facility. DFC's own Public Information Summary does not name a location. Legal-deal tracker Bar and Bench separately reports the new facility as a 12,000 TPA plant located in the State of Karnataka -- not Hyderabad, and not framed as an expansion of an existing plant. The two disclosures are not reconciled by any source found (a 12,000 TPA new facility does not on its own account for the full 36,000 TPA aggregate increase DFC describes).

A data intelligence platform gives the company a bird's eye view of informal collection networks across hundreds of Indian cities and towns.

DFC proposed a $9 million direct loan with a 6-year tenor as part of an all-source funding total of $29 million to finance a capacity-expansion facility.

Impact Investment Exchange (IIX), Shujog, and KKR assisted Banyan Nation in raising its first, $800,000 fund raise in 2016, including business-plan and impact-assessment support.

Banyan Nation manufactures high-quality recycled plastic granules — rHDPE and rLDPE — that power India's most trusted brands, sold to FMCG, packaging and other industrial customers.

DFC's environmental review flags the need for proper management of the small quantities of specialty chemicals used in Banyan's manufacturing/cleaning process as a key cost/compliance input.