RiverRecycle is a Finnish environmental technology company founded in Helsinki in 2019, focused on removing plastic pollution from rivers globally and converting collected plastics waste into recycled products through community-based circular economy models.

Objectives

Intercept river-borne plastic waste before it reaches oceans. Provide local employment opportunities and support community-based waste management systems. Reinforce a circular economy by turning low-value plastics into value-added products like recycled boards and PET bales.

History and expansion

2019: Company founded in Helsinki. Rapid expansion into India, Indonesia, Bangladesh, Philippines, and Ghana, with 11–19 operational sites and dozens more in development. By 2024, over 4 million kg of plastic was collected globally.

Products and Business Model

RiverRecycle Boards: durable boards made from low-value plastic, suitable for construction or furniture. PET bales: collected and processed PET sold internationally. Plastic credit mechanism: generating revenue via certified plastic collection credits to fund operations.

Impact and Achievements

Over 4 million kg of river plastic collected as of 2024. In Ghana’s Kpeshie Lagoon region: 3 collection sites intercepting about 24 tones/year of floating plastic. Capacity to recycle 330 tones of low-value plastic + 360 tones of PET bottles annually. Creation of 50 formal jobs and engagement of 200 informal waste pickers. Employment generation: approximately 15–50 local jobs per project + incomes for waste pickers. Recognized by the Finland Green Product Award for sustainable river cleaning strategies.

References