Article: MBA Polymers Receives $20 million From Doughty Hanson Technology and Benchmark Capital

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 ...

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