Monomeris Chemicals has raised €3.2 million at the conclude of 2025 to accelerate the industrial scale-up of its process for depolymerizing plastics based on molten salts.
Are we witnessing the launchning of a success story? In any case, this is the hope of the founders of the start-up, Monomeris Chemicals, who aim to quickly establish themselves among the leaders in advanced plastic recycling.
“By only invoicing for laboratory tests, we achieved a turnover of €490,000 in 2025. We have a tarreceive of around €8 million in 2026 and €25 million the following year. We can then rely on the recurring revenue from the sale of ethylene and other circular gases produced thanks to our ionic recycling technology for petrochemists,” assured CEO Olivier Camp.
Founded in 2019 in Pas-de-Calais, Monomeris has indeed patented a solution for ionic recycling of all plastics, even unsorted ones, leading to the production of ethylene which can then supply petrochemical sites (see details below). The result: the production of recycled plastics that converters can then incorporate into their products, particularly to meet their regulatory obligations already in place in Europe for packaging and soon to be implemented in the automotive sector.
Monomeris Chemicals carried out a fundraising of €3.23 million in December 2025 with Keenest, an investment club specializing in ecological transition. “This will allow us to install our first recycling machines at several clients in 2026 and create additional investments in our laboratory,” stated Olivier Camp.
Economic Model:
Beyond its innovative technology, the company also stands out for the methodical economic model it is establishing. “We necessary to face the facts. Particularly due to the lack of alternatives, in medical applications for example, plastic production and consumption will continue to grow. Recycling is not a miracle solution to reduce pollution, but it is an interesting response, especially when it is carried out closest to waste sources,” considers the CEO. Presented in the form of containers with a production capacity of 3000 or 6000 tons annually, the machines designed by Monomeris Chemicals are intconcludeed to be installed in recycling units, waste sorting centers, or even landfills. The young company aims to install a minimum of 15 machines by 2028, thereby securing 50,000 tons of gas production per year. The tarreceives are 100,000 and 400,000 tons respectively for 2030 and 2031.
Production Massification:
The main challenge for Monomeris lies in mass-producing to resell to petrochemists. “We will purchase the gas produced in a decentralized manner from machine owners to then resell it in large quantities to plastic manufacturers. We are in the process of signing a contract with a major group. We are also approached by the entire global petrochemical industest, as the demand for circular gas is increasing. Circular ethylene currently represents a market of a million tons per year in Europe and is expected to reach three or four million tons by 2035. This is still a tiny market compared to the conventional ethylene market reaching 220 million tons, but it has a strong growth potential,” explains Olivier Camp.
For a production of around 15,000 tons, Monomeris plans to sell three or four machines in 2026 to Baudelet Environnement in Hauts-de-France, as well as Nord Pal Plast. “The latter company is a subsidiary of the Dentis group, a major recycler of polyethylene terephthalate (PET) in Europe, which could provide us with the opportunity to install three or four more machines… We also have leads for waste sorting centers around Touloapply and Béziers, as well as in French Guiana and Martinique,” adds Olivier Camp who promises clients a quick return on investment of three years. But what to do with the circular gas produced until 2028 and its sale to petrochemists? “We offer our clients to apply it to produce energy through cogeneration,” answers the CEO who also notes that this transitional model could be sustainable for isolated sites, especially overseas.
The start-up is also in discussions with a major industrial player for a contract involving a hundred machines and with SNCF for the delivery of gas to chemical facilities. Positive prospects for the company, which currently has 22 employees and plans to reach a workforce of 120 employees by 2030.
The horizon of Monomeris Chemicals also extconcludes beyond Europe’s borders. The company has indeed partnered with the Indian group Tavasya, which will produce its machines under license and market them from 2027. “It is the Indian government that approached us,” specifies Olivier Camp. In New Delhi alone, Tavasya is counting on a potential of 400 machines…”.
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