About Syncot
Syncot is a company based in Cartersville (United States) founded in 1978 was acquired by Vinmar in January 2023.. Syncot offers products and services including Reprocessed Resins and Recycling Services. Syncot operates in a competitive market with competitors including Agilyx, Charter Next Generation, MBA Polymers, Protein Evolution and PureCycle, among others.
- Headquarter Cartersville, United States
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Sectors
Environment
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
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Acquired by
Vinmar
(Jan 17, 2023)
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Products & Services of Syncot
Syncot offers a comprehensive portfolio of products and services, including Reprocessed Resins and Recycling Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-quality resins produced from recycled plastics for industrial use.
Services for processing and recovering plastics materials.
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Funding Insights of Syncot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Syncot
Syncot has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vinmar International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Vinmar International is engaged in global petrochemical product distribution.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Syncot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Syncot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Syncot Comparisons
Competitors of Syncot
Syncot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Agilyx, Charter Next Generation, MBA Polymers, Protein Evolution and PureCycle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Plastic waste is processed and recycled into reusable materials.
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| domain | founded_year | HQ Location |
Coextruded, barrier, and monolayer films are manufactured for packaging applications.
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| domain | founded_year | HQ Location |
Recycled plastic materials are processed and supplied by MBA Polymers.
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| domain | founded_year | HQ Location |
Plastic waste management services are provided by the company.
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| domain | founded_year | HQ Location |
Waste plastic recycling services are provided to support sustainability efforts.
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| domain | founded_year | HQ Location |
Provider of technology to convert waste and non-food biomass to biochemicals
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Syncot
When was Syncot founded?
Syncot was founded in 1978.
Where is Syncot located?
Syncot is headquartered in Cartersville, United States. It is registered at Cartersville, Georgia, United States.
Who is the current CEO of Syncot?
Charles Bing is the current CEO of Syncot.
What does Syncot do?
Syncot was founded in 1978 and is headquartered in Cartersville, United States. Operations focus on the environmental sector, where plastics waste is collected, processed, and recycled into reusable materials. Services include waste management solutions for industrial clients, emphasizing sustainable practices in the recycling industry. The company is led by CEO and owner Charles Bing, with activities centered in the domestic market.
Who are the top competitors of Syncot?
Syncot's top competitors include Charter Next Generation, PureCycle and Protein Evolution.
What products or services does Syncot offer?
Syncot offers Reprocessed Resins and Recycling Services.
Who are Syncot's investors?
Syncot has 1 investor. Key investors include Vinmar International.