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GreenMantra
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Developer of proprietary catalyst technology for thermal catalytic depolymerization of polystyrene to produce synthetic waxes and polymer additives

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Brantford, ON Brantford, Canada
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Updated by Karlis Vasarais at GreenMantra on 01/23/2013

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Date Company
11/15/2012

City of Vancouver City of Vancouver

Confirmed by City of Vancouver

Partnerships
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Date Partner Type
05/03/2019
Ineos Styrolution Ineos Styrolution
The JDA aims to align GreenMantra’s technology and Ineos’ Styrolution’s manufacturing infrastructure to convert polystyrene scrap into polymers and monomers. Ineos will use the monomer to replace a portion of the virgin monomer it uses in its polymerization process.
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Confirmed by Ineos Styrolution
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IPO INFORMATION

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Date Investors Type Amount
02/13/2020 Government of Canada Government of Canada (1)
Post-money valuation of
GreenMantra Technologies is one of three companies that will receive CAD$1 million from the federal government to help reduce plastic waste from food packaging and construction
Grant $800,000
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