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Article: MBA Polymers Receives $20 million From Doughty Hanson Technology and Benchmark Capital
- Article from:
- U.S. Newswire
- Article date:
- May 21, 2007
CopyrightCopyright 2007 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: ENVIRONMENTAL EDITORS
Contact: Mike Biddle of MBA Polymers, Inc., +1-510-478-1901,
mbiddle@mbapolymers.com
RICHMOND, Calif., May 21 /PRNewswire/ -- MBA Polymers, Inc., the
cleantech leader in recycling engineering plastics, today announced
that it has secured a $20 million funding round co-led by Doughty
Hanson Technology Ventures and Benchmark Capital. MBA will use its
new funds to further expand the number of factories it operates in
Europe and Asia.
MBA Polymers recovers high-value plastics from complex waste
streams, extracting plastics from items such as household appliances,
computer and business equipment and automobiles. The company has
perfected a proprietary process to ...