Riverrecycle Oy

RiverRecycle Oy is a Finnish company established in Helsinki in 2019 that focuses on combating plastic pollution in rivers to stop the flow of waste into oceans. The company operates an international team across seven countries, collecting and recycling plastic waste and floating debris from rivers. Its work is driven by the fact that over 80% of ocean waste is carried by rivers, particularly in poorer regions with limited waste management systems. RiverRecycle aims to create financially sustainable solutions by fostering economic opportunities in waste collection and recycling, enabling local communities to take an active role in cleaning their rivers. The company's impact includes generating employment and retaining the economic benefits of low-value plastic waste in local communities. RiverRecycle's flagship project is the Pasig River cleanup in Manila, Philippines, in partnership with ICTSI Foundation, which collects up to 4,000 kg of waste per day and has a recycling capacity of 340,000 kg per year. Overall, RiverRecycle has a waste collection capacity of 2.5 million kg per year from rivers, with 2.0 million kg per year of installed low-value plastic recycling capacity. The company is present in eight countries and has 36 projects in the pipeline. Its CEO, Anssi Mikola, advocates for financial incentives to drive exponential breakthroughs in reducing ocean plastic, emphasizing that charitable efforts alone are not enough and that capitalism must be put to work for a cleaner future.

RiverRecycle Oy was established in Helsinki, Finland, in 2019. The company was founded to address the problem of plastic pollution in rivers, which are the primary source of ocean waste. From its inception, RiverRecycle adopted a model that combines waste collection and recycling with local economic development, aiming to create self-sustaining loops that do not rely solely on charitable funding. The company operates internationally, with projects in multiple countries. One of its earliest and most prominent projects is the cleanup of the Pasig River in Manila, Philippines, in collaboration with the ICTSI Foundation. This project has the capacity to collect up to 4,000 kg of waste per day and includes a recycling facility with an annual capacity of 340,000 kg. RiverRecycle has since expanded its operations, reporting a total waste collection capacity of 2.5 million kg per year from rivers and 2.0 million kg per year of installed low-value plastic recycling capacity. As of its recent public communications, the company is present in eight countries and has 36 projects in the pipeline. Its CEO, Anssi Mikola, has publicly emphasized the need for financial incentives and market-based solutions to scale up efforts against ocean plastic pollution.

• 2019

  RiverRecycle Oy established in Helsinki, Finland.

• Pasig River cleanup project launched in Manila, Philippines, with ICTSI Foundation.

Financially sustainable river plastic waste collection and recycling to prevent ocean pollution.

• River plastic waste collection

  Collection of plastic waste and floating debris from rivers.

• Low-value plastic recycling

  Recycling of low-value plastics into new materials.

• 2021-08-27

  Huhtamaki funds river-waste collector project with RiverRecycle and VTT[4]Huhtamaki与RiverRecycle及VTT合作资助河流垃圾收集器项目finanznachrichten.de

  Reported: 2021-08-27

  Huhtamaki partnered with RiverRecycle and VTT on technology to address floating river waste, donating €600,000 to fund development and piloting of a river-waste collector. The collector is operational on Mumbai's Mithi River and is expected to collect waste there for the next 12 months.

1. 1Clean rivers. Recycle Plastics. Protect Oceans. - RiverRecycleriverrecycle.com
2. 2About Us: Pioneering Plastic-free Rivers - RiverRecycleriverrecycle.com
3. 3Wikidata: Riverrecycle Oywikidata.org
4. 4Huhtamaki与RiverRecycle及VTT合作资助河流垃圾收集器项目finanznachrichten.de