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Circulate Capital Invests to Scale India s Circular Economy for Plastic Waste - Offers Powerful Blueprint to Build Back Stronger - Press Release

Circulate Capital Now Has the Largest Investment Portfolio Focused on Fighting Plastic Pollution in India SINGAPORE - December 10, 2020 - (Newswire.com) ​​​​​​​Circulate Capital, the Singapore-based investment management company focused on preventing plastic from leaking into the ocean and advancing the circular economy, today announced that the Circulate Capital Ocean Fund (CCOF) has committed to investing US$19 million in four leading companies that are using technology and innovation to scale and transform India’s waste management and recycling value chain. Established in partnership with PepsiCo (NASDAQ: PEP) (its first investor), Procter & Gamble (NYSE: PG), Dow (NYSE: DOW), Danone, Chanel, Unilever (NYSE: UN), The Coca-Cola Company (NYSE: KO), and Chevron Phillips Chemical (CP Chem), CCOF is the world’s first investment fund dedicated to combating ocean plastic in South and Southeast Asia.

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