What is Lehigh Polymers?
Lehigh Polymers operates as a full-service recycling entity, specializing in the reclamation of value from industrial scrap, with a primary emphasis on plastic waste. The company also extends its recycling capabilities to materials such as cardboard, paper, and metal. Its mission is to provide responsible disposal solutions for plastic scrap, thereby maximizing recycling potential and fostering strong relationships with both suppliers and customers. For plastic molders, Lehigh Polymers offers a compelling value proposition, delivering cost savings and a high-quality alternative to virgin resin through services that include purchasing plastic scrap, supplying recycled resin, managing waste streams, and providing expedited shipping.
How much funding has Lehigh Polymers raised?
Lehigh Polymers has raised a total of $56K across 1 funding round:
Debt
$56K
Debt (2021): $56K with participation from PPP
What's next for Lehigh Polymers?
With the recent substantial expansion capital, Lehigh Polymers is poised for accelerated growth and enhanced operational capacity. The significant Series B/C stage funding indicates a strong investor confidence in the company's business model and its ability to scale its recycling operations. This investment will likely fuel initiatives aimed at increasing processing capabilities, expanding market reach, and potentially developing new recycling technologies or services. The company's focus on providing cost-effective and sustainable solutions for industrial plastic scrap positions it favorably within the circular economy, suggesting a future focused on deepening its impact and solidifying its market leadership.
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