About Aeternal Upcycling
Aeternal Upcycling is an Environment company based in Chicago (United States) founded in 2022. It operates as a transforms single-use plastic waste into sustainable ingredients for various industries. It operates on a B2B model. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. Aeternal Upcycling offers products and services including Lubricants, Detergents, and Waxes. Its focus areas include Sustainability, Circular Economy Tech, Resource Recovery and Chemical Conversion. Its competitors include Allonnia, QuantaFuel, Lucro, Deluxe Recycling India and MacroCycle and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Aeternal Upcycling employs patented hydrogenolysis technology to convert single-use plastic waste into key ingredients for packaging, cosmetics, lubricants, and home goods. This process uses hydrogen to break down plastics, integrating the unrecycled 95 of waste into the circular economy and reducing landfill and incineration impacts. The company focuses on sustainable, low-emissions alternatives through a team of chemists and supports environmental initiatives.
- Headquarters Chicago, United States
- SectorsEnvironment
- Email••••••••
- Website aeternalupcycling.com
- Social LinkedIn X
- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
Associated legal entities of Aeternal Upcycling
Aeternal Upcycling operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Products & Services of Aeternal Upcycling
Aeternal Upcycling offers a comprehensive portfolio of products and services, including Lubricants, Detergents, and Waxes.
Plastic-derived lubricants as low-emissions alternatives for industrial use.
Eco-friendly detergents made from upcycled plastic waste materials.
Waxes produced from plastic waste for packaging and home goods applications.
Board of directors of Ing Vysya Bank Limited (Aeternal Upcycling)
Ing Vysya Bank Limited is the primary company behind Aeternal Upcycling. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 3 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 10 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 6 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
Financials of Aeternal Upcycling
Figures of Ing Vysya Bank Limited, the primary company behind Aeternal Upcycling, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for Aeternal Upcycling
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Aeternal Upcycling
Aeternal Upcycling has 10 listed competitors in our database, 8 of them funded. They include Allonnia, QuantaFuel, Lucro, Deluxe Recycling India and MacroCycle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allonnia.com | 2019 | Boston, United States | $90.65M | 16 | Plastic waste is upcycled through advanced biology and technology solutions. | |
| quantafuel.com | 2014 | Lysaker, Norway | $21.94M | 46 | Developer of technology upgrading plastic waste into valuable, recycled products | |
| lucro.in | 2012 | Mumbai, India | $14.49M | 83 | Post-consumer plastic waste is collected, recycled, and manufactured into products. | |
| ecolinkindia.com | 1999 | Mumbai, India | $278,756 | 93 | Manufacturer of recycled composite boards and related products. It produces sturdy, environmentally friendly alternatives to wood, plywood, and plastic-based panels for various applications including furniture, packaging, roofing, and pallets. The manufacturing process prioritizes zero gas emission, zero water effluent, and zero solid waste. The company's products offer cost reduction and consistent quality for end-users. A commitment to sustainability drives its operations, utilizing recycled materials to create high-quality, reusable products. | |
| macrocycle.tech | 2023 | Cambridge, United States | $6.5M | – | Developer of zero-carbon plastic upcycling technology | |
| revalyu.com | 2007 | Kleinostheim, Germany | – | 1 | Multiple solutions for plastic bottle recycling are developed. | |
| polycycl.com | 2016 | Kalka, India | $1.08M | 15 | Patented technology is utilized to recycle waste plastics into feedstocks. | |
| ecosheet.com | 2007 | Glenrothes, United Kingdom | – | – | Durable boards from recycled plastic are produced for construction use. | |
| continuusmaterials.com | 2014 | Kingwood, United States | $2M | – | Provider of paper and plastic recycling services | |
| nilo.world | 2017 | Auckland, New Zealand | $1.5M | – | Technology is developed to convert plastic waste into useful materials. |
Detailed competitors of Aeternal Upcycling
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Circular Economy Solutions
10 companies that operate in the same segment as Aeternal Upcycling (Circular Economy Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform connecting stakeholders for metal buying, selling, and fabrication. | 2021 | Delhi, Delhi, India | USD 25 M | USD 10.33 M | 86 | |
Investing in technology-driven and sustainable businesses across multiple sectors for social and financial impact. | 2018 | Newark, New Jersey, United States | – | – | – | |
The Irish Bioeconomy Foundation is focused on promoting Ireland's bioeconomy through specialized services. | 2017 | Tipperary, Ireland | USD 5.49 M | – | – | |
Venture funding for India's Creative, Cultural, and Circular economy sectors to enhance rural livelihoods. | 2021 | Mumbai, Maharashtra, India | – | – | – | |
Waste reduction and sustainable resource use are advanced globally. | 2000 | Banbury, Oxfordshire, United Kingdom | – | USD 66.17 K | 2 | |
CURTI is engaged in manufacturing automatic machines and complex subassemblies. | 1955 | Castel Bolognese, Emilia-romagna, Italy | – | – | – | |
Reusable packaging services are provided for sustainable alternatives. | 2021 | London, England, United Kingdom | USD 3.34 M | – | 6 | |
Facilitation of donations, sustainability, and corporate engagement services in India. | 2015 | Bengaluru, Karnataka, India | – | USD 15.42 K | – | |
Offers sustainable products, ESG services, and circular economy solutions to organizations. | 2016 | Bengaluru, Karnataka, India | – | – | – | |
Environmental and waste management consulting services are provided. | 2011 | Sweden | – | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Aeternal Upcycling
Complete news archive for Aeternal Upcycling
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aeternal Upcycling
Aeternal Upcycling was founded in 2022.
Aeternal Upcycling is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
The primary company behind Aeternal Upcycling, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
Aeternal Upcycling employs patented hydrogenolysis technology to convert single-use plastic waste into key ingredients for packaging, cosmetics, lubricants, and home goods. This process uses hydrogen to break down plastics, integrating the unrecycled 95 of waste into the circular economy and reducing landfill and incineration impacts. The company focuses on sustainable, low-emissions alternatives through a team of chemists and supports environmental initiatives.
Aeternal Upcycling's top competitors include Lucro, Allonnia and QuantaFuel.
Aeternal Upcycling offers Lubricants, Detergents, and Waxes.
Aeternal Upcycling operates through Ing Vysya Bank Limited.
The legal entities of Aeternal Upcycling currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.