PlastiPure Receives $1.1M in Grant Funding
Summary
PlastiPure, an Austin, Texas-based company that creates and licenses new polymer formulations and plastic goods that are safer for consumer use, received a $1.1m grant from the National Institute of Environmental Health and Safety (NIEHS) to continue development and commercialization of plastics that do not leach chemicals with harmful estrogenic activity (EA).PlastiPure’s proprietary products and intellectual property have a wide range of applications for food and beverage, pet food, infant feeding, fitness, personal care, packaging, cosmetics, medical supply, pharmaceutical, toy and other industries.The company will use the funds to develop several additional colorants, clarifiers, antistatic agents and antioxidants that could be incorporated with resins to continue expanding its line of safer plastics.Commenting on the grant, Mike Usey, PlastiPure CEO, said: “This NIEHS funding validates our innovative technology and will allow us to expand our development of PlastiPure-Safe materials”.FinSMEs 28/10/2009
Funding
Review available funding amount, funding date, investors, and linked company information related to PlastiPure Receives $1.1M in Grant Funding in the interactive ISVWorld profile.