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Eco Spindles

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Sri Lankan manufacturer that converts plastic waste into recycled polyester yarn, synthetic monofilaments and PET recycling outputs.

Last updated September 10, 2026

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Overview

Eco Spindles (Private) Limited is based in Sri Lanka and describes its mission as reducing its carbon footprint by using plastic waste to create high-grade yarn and filaments. The company operates three factories in Sri Lanka: a synthetic monofilament factory in Maugama, a yarn factory in the Horana BOI Zone, and a recycling plant in the Horana BOI Zone that it describes as Sri Lanka's biggest recycling facility. Its business segments are monofilaments, yarn and PET recycling, and it states it owns one of only two plants in the world with the capability to create yarn directly from flakes.

History

Eco Spindles states that from 2010 to today it has recycled 800,223,652 bottles. It describes its mission as reducing its carbon footprint by using plastic waste to create high-grade yarn and filaments, and says it hosts several initiatives across Sri Lanka to foster eco-awareness and create a recycling infrastructure. The company reports over 600 collection points and 19 bailing sites, and states that its studies found Sri Lanka lacked such infrastructure, which led to major work in creating one.

Products and positioning

  • Polyester yarn

    Produced at the yarn factory in the Horana BOI Zone using recycled PET flakes as input.

  • Synthetic monofilaments

    Made from PET, PP, PS, Nylon and PBT for cleaning tools and paint brushes.

  • PET recycling

    PET collection with monetary compensation and local collection centers around Sri Lanka.

Sources5 sources

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