FRX raises funds for flame retardants | October 9, 2017 Issue - Vol. 95 Issue 40 | Chemical & Engineering News
Volume 95 Issue 40 | p. 20 | Concentrates
Issue Date: October 9, 2017

FRX raises funds for flame retardants

Department: Business
Keywords: Green chemistry, flame retardants, polyphosphonates

FRX Polymers has raised about $12 million in a funding round led by a major Chinese private equity fund. FRX says the money will be a bridge to an initial public offering of stock next year. Based in Chelmsford, Mass., FRX is developing halogen-free flame retardants based on polyphosphonates. It plans to use the funds to expand its staff and double capacity at its plant in Antwerp, Belgium.

Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment