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Shrett Limited

Shrett Limited

SHRETT is the world's first plastic shredder for use at home and business. It enables 100% recycling!
#GreenTech
Where we're at?
Idea
Validation
Adoption
Growing

Concept and business plan team may be incomplete.

Idea is formed project ready to launch.

Have paying customers adapting to market.

Growing company and users!


Passion

Joost Lobler (founder) is a Hong Kong PR and Dutch citizen. He is an ex banker, educated in Law and basic technology with an MBA from INSEAD (Fontainebleau) who turned green tech entrepreneur out of frustration. The recycling market in Hong Kong is fragmented and inefficient. As a result only 13% of our plastic is genuinely recycled, the rest ends up in the landfill. Despite all efforts from most consumers, who leave all their plastic in recycling bins, most of that plastic is not recyclable. This is because a lack of knowledge of most people about plastic and recycling. There are 7 types of plastic and only a few are recyclable. Contaminated plastic (food residue, labels still on) is mostly not recycled in Hong Kong. Mixed plastic (e.g. caps on bottles) is not recycled because we don't have the manpower or technology to remove those caps. In Hong Kong we use 5 Mn bottles per day!

Wenxian CHEN: mainland citizen, Hong Kong PR. Ex banker, educated in Law and passionate about the environment. Wen takes care of Legal and Project Management.

Leo Chan: Ex banker, takes care of Finance and Fund Raising.

Products

We developed the world's first plastic shredder for on-site use in households and businesses (coffeeshops, office pantries etc.). The shredder uses NIR spectroscopy to recognize recyclable plastic types (1, 2, 4 and 5) and only operates with them, not with any other material. We collect the shredded plastic and take its to our recycler where it is 100% recycled (vs the standard rate in Hong Kong of only 13%). It solves 3 problems:

1. wishcycling: consumers don't know that not all plastic can be recycled and assume that everything they leave at recycle points is recycled,

2. storage of recyclable plastic: Empty containers and bottles contain 85% air so we are all storing air!

3. transport to the recycling plant: transport becomes much more efficient if the plastic is shredded - no more 85% air.

We have no competition anywhere in the world.

  • New model with bottle white background
Founders
  • Joost Lobler
    Founder
    Joost is a Dutch citizen and has Hong Kong PR. He is an ex banker who turned green tech entrepreneur out of frustration with the state of plastic r... Read More
Team
  • A1564103 e5d2 4f8d ac26 8a1d16d40556 1 201 a
    Joost Lobler
    Founder
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