Founded in 2018, the plastics trading platform Cirplus (Hamburg, Germany; www.cirplus.com) will be operated by a management trio in the future. In addition to founder and managing director Christian Schiller, Carlos Andrioli will join the Hanseatic company’s management team as chief technology officer, with Thomas Atwell as the new chief operating officer.

Andrioli has over 20 years of experience as a software developer and manager, and was most recently head of engineering at online broker Trade Republic. Atwell previously worked as COO at Logward – a subsidiary of Bremen-based logistics service provider Leschaco that was founded in 2018.

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At the end of 2023, the Cirplus platform listed around 4 mn t of recyclates worth over EUR 1 bn, a company spokesperson said in response to a Plasteurope.com query, adding that Cirplus was primarily active in the area of standard thermoplastics. The operator of the marketplace with more than 3,000 registered companies – including recyclers, plastics processors, and product manufacturers – currently employs nine.

The procurement platform secured a seven-digit financing at the beginning of the year. The investors include German chain and plain bearing manufacturer Igus (Cologne; www.igus.de) and venture capital company Wepa Ventures. Cirplus intends to use the money to press ahead with its international expansion; further details have not been disclosed.