FRX Raises Funds For New Polymer Plant | Chemical & Engineering News
Volume 90 Issue 15 | p. 18 | Concentrates
Issue Date: April 9, 2012

FRX Raises Funds For New Polymer Plant

Department: Business
Keywords: polymers, flame retardants, venture capital

FRX Polymers, developer of a family of inherently flame-retardant plastics, has completed a round of financing that raised $26.7 million. The financing was led by BASF Venture Capital, which invested $2.7 million, and DB Masdar Fund. Founded in 2007, FRX operates two pilot plants at its headquarters in Chelmsford, Mass., and one in Switzerland. It recently announced plans to build a commercial-scale plant for its polyphosphonate polymers at a Bayer site in Antwerp, Belgium.

Chemical & Engineering News
ISSN 0009-2347
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