Switzerland – Plastics recycling and technology company MBA Polymers is the winner of the ‘Young Global Leaders Award for Circular Economy SME’ category of the prestigious Circulars Awards. Also at the awards ceremony held last month at the World Economic Forum at Davos in Switzerland, the same company was selected by the audience for The Davos Prize as overall winner across all categories for providing ‘the most impactful and innovative circular economy story’.
MBA took the accolade ahead of seven other companies and organisations including Patagonia Clothing, Nike and the Scottish Government.
The Circulars Awards are an initiative of the World Economic Forum and the Forum of Young Global Leaders. Claimed to be the world’s premier circular economy award programme, they secure recognition for individuals and organisations worldwide that have made notable contributions to the circular economy in the private sector, public sector and society in general.
Participants in the awards are ‘leading the way’ in driving innovation and growth that is decoupled from the use of scarce natural resources, it is claimed. ‘We are delighted to have been named the winner,’ comments Dr Mike Biddle, MBA’s founder and a member of the company’s board of directors.
‘This is recognition for our achievements in creating advanced technologies to recycle some of the largest and most complex plastic waste streams into valuable raw materials and building three world-scale plants that recover and deliver tens of millions of pounds per year of plastics to major manufacturers around the world.’