MBA Polymers
Founded | 1994 | in the United States
---|---|
Founder | Michael Biddle |
Services | Recycling |
Website |
www |
MBA Polymers is a recycling company[1] with operations globally that recovers plastics from end-of-life durable goods.[2]
Company history
Originally founded in 1994 in the United States,[3] the company specializes in recycling durable goods from waste streams such as electronics and auto-shredder residue.[1][4] MBA Polymers raised USD$30 million to develop its patented technology for extracting and recycling plastic from computers, printers, mobile phones, televisions, fax machines, refrigerators, vacuum cleaners, and other forms of waste.[5] MBA Polymers was founded by Mike Biddle.[6][7]
The company experienced a factory fire in October 2000, which resulted in the death of one employee.[8][9] This led to a one-year shutdown of operations and an insurance payout of USD$3million.[9] Investigations revealed that the fire was caused by dust from a toner cartridge; the company no longer accepts toner cartridges into its recycling facilities.[9]
Recycling process
Raw material arrives at MBA Polymers’ recycling facilities either shredded or as whole parts, often from other recyclers that do not handle plastic.[8] MBA works with manufacturers around the world to replace virgin plastics with MBA plastics in their new products.[2]
Global operations
Having opened its first recycling facility in 1994,[9] MBA Polymers also has recycling plants in the UK and in China,[1][10] and has recently announced plans to relocate its research and development facilities from the United States to the United Kingdom.[11][12] In 2004 MBA Polymers created a joint venture with Guangzhou Iron and Steel Enterprises Holdings Ltd to establish its sustainable recycling operations in China.[13] MBA Polyers' operations in China now employ over 160 people. The company has invested USD$15million in the recycling plant.[13]
The company expanded its operations to Austria in 2006.[14]
MBA has more than 300 million lb/year of processing capacity in Europe,[14] China and the U.S. to turn waste into recycled plastics.[2]
Environmental initiatives
MBA Polymers Ltd is working with The Plastic Bank to develop initiatives to incentivise people around the world to recycle more plastic and improve the sustainability of the plastics industry.[2]
Awards
- 2014: Katerva Award [15]
- 2007: World Economic Forum Tech Pioneer Award [16]
- 2006: Tech Museum Tech Laureate Award for Environment [17]
- 2002: The inaugural Thomas Alva Edison Award for Innovation[18]
References
- 1 2 3 "Plastics News, "MBA Polymers relocating R&D to the UK", by Jessica Holbrook 15th July 2013". Prw.com. Retrieved 2013-09-18.
- 1 2 3 4 Caliendo, Heather (5 August 2013). "Entrepreneur looks to reduce both plastic waste and poverty". Plastics Today. Retrieved 2013-09-18.
- ↑ http://www.mbapolymers.com/mba_links/mba_bizpress/SilValley_BizJournal_3_01.pdf Silicon Valley Business Journal, "Recycling executive makes his mark with trashed computers", by David Bragi, 18 March 2001
- ↑ http://wasterecyclingnews.com/article/20130715/NEWS02/130719968/us-based-recyclers-may-gain-from-chinas-green-fence Waste & Recycling News, "US-based recyclers may gain from China’s Green Fence", by Jessica Holbrook, 15 July 2013
- ↑ "Time, "A flash of the future", by Bill Saporito, 12th December 2005 This technology means that material that might otherwise end up in landfill can be more easily recycled and is an important step in creating sustainable business processes" (PDF). Retrieved 2013-09-18.
- ↑ "CNN.com, "How companies grow through a recession", by Kevin Voigt, 11th September 2009" (PDF). Retrieved 2013-09-18.
- ↑ "CNN.com, "Will green tech be the next investment bubble?", by Matt Ford" (PDF). Retrieved 2013-09-18.
- 1 2 "Silicon Valley Business Journal, "Recycling executive makes his mark with trashed computers", by David Bragi" (PDF). 18 March 2001. Retrieved 2013-09-18.
- 1 2 3 4 "Forbes, "Where does it go?", by Kerry A. Dolan, 31st October 2005" (PDF). Retrieved 2013-09-18.
- ↑ ""Could China's green fence prompt a global recycling innovation?" The Guardian, by Katharine Earley". Drive.google.com. 27 August 2013. Retrieved 2013-09-18.
- ↑ "Waste & Recycling News, "US-based recyclers may gain from China's Green Fence", by Jessica Holbrook, 15th July 2013". Wasterecyclingnews.com. Retrieved 2013-09-18.
- ↑ "Time, "A flash of the future", by Bill Saporito, 12th December 2005" (PDF). Retrieved 2013-09-18.
- 1 2 Xinlian, Liu (8 August 2011). "New Life for Old Plastics". Beijing Review. Bjreview.com.cn. Retrieved 2013-09-18.
- 1 2 derStandard.at (2013-08-01). ""Wirtschaftspark Kematen auf Erfolgskurs", The Standard, 1st August 2013". Derstandard.at. Retrieved 2013-09-18.
- ↑ MBA Polymers Wins 2013 Katerva Award, announced 9 April 2014
- ↑ Tech Pioneer Award winners
- ↑ Tech Laureate Award winners 2006
- ↑ G. Miller & Scott Spoolman, Living in the Environment: Principles, Connections, and Solutions, 2009, p572