Closed Loop Partners Deploys New $10 Million Loan to Canadian Molecular Recycling Company GreenMantra Technologies to Advance Plastics Circularity in North America
September 17, 2025, New York, NY – Today, Closed Loop Partners announces the deployment of an over $10 million loan from its Closed Loop Infrastructure Group to Canada-based GreenMantra Technologies, a molecular recycling company at the forefront of creating specialty waxes and polymer additives from recycled polyethylene (PE) and polypropylene (PP). Over the course of the last decade, this is the Infrastructure Group’s third loan to GreenMantra. This latest investment will be used to finance equipment to increase material processing within their existing Brantford, Ontario, facility.
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About GreenMantra Technologies
GreenMantra Technologies is a leader in molecular recycling that transforms hard to recycle plastics into value-creating specialty waxes and polymers. GreenMantra’s products are used as performance enhancers and processing aids in roofing, asphalt roads, extruded plastic pipes, and other construction infrastructure applications with useful lifespans of 20-50+ years. In each application, GreenMantra improves product performance, provides a more efficient manufacturing process, and allows manufacturers to greatly increase the recycled content of their end products without sacrificing performance. GreenMantra annually diverts thousands of tons of waste plastic from our oceans and landfills into new applications. For more information, visit https://greenmantra.com/.