In a notice issued by the company, it confirmed that it will enter liquidation as of 31 March 2026 following a shareholders’ resolution that was notarised on 6 March 2026.
Pending registration in the commercial register, the company will cease all operations from 1 April 2026. Its legal name will change to “cirplus GmbH i.L.” to reflect its liquidation status.
Creditors have been asked to contact the company by email to assert and settle any valid claims by 31 March 2027.
Subject to the completion of liquidation requirements, the company is expected to be removed from the commercial register from 1 April 2027.
Cirplus GmbH
Cirplus GmbH was founded in 2018 in Germany by Christian Schiller and Volkan Bilici.
The company developed a business-to-business digital marketplace designed to facilitate the trade of recycled plastics across Europe.
Its platform aggregates and qualifies manufacturers and traders supplying recycled pellets, regrind and related materials, providing buyers with simplified access to high volumes in what is typically a fragmented market.
According to the company, more than 3,000 companies from over 100 countries across the plastics and recycling industries have used the platform.
European plastic recycling sector under pressure
The liquidation comes during a difficult period for Europe’s plastics recycling industry.
Industry body Plastics Recyclers Europe reported that the sector experienced its “sharpest decline” in 2024.
In its Plastics Recycling Industry Figures 2024 report, the organisation said recycling facilities representing roughly 300 kilotonnes of annual capacity were forced to close during the year – the largest contraction ever recorded by the association.
Preliminary figures for 2025 suggest conditions have deteriorated further. Facility closures are estimated to have risen by around 50%, resulting in the loss of nearly one million tonnes of recycling capacity across Europe over the past three years.
The industry organisation warned in August 2025 that the sector is facing “imminent collapse”.
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