GreenMantra raises money, opens plant | Chemical & Engineering News
Volume 94 Issue 25 | p. 12 | Concentrates
Issue Date: June 20, 2016

GreenMantra raises money, opens plant

Department: Business
Keywords: sustainability, recycling, plastics, waxes, Canada

The Canadian start-up GreenMantra Technologies has raised more than $4 million in its third round of venture capital funding. Founded in 2010, the firm uses what it calls a proprietary catalytic system to transform hard-to-recycle polyolefin products such as grocery bags and shampoo bottles into waxes, greases, and lubricants. GreenMantra recently opened a 5,000-metric-ton-per-year plant in Brantford, Ontario.

Chemical & Engineering News
ISSN 0009-2347
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