United States – MBA Polymers has not only welcomed back its former chief operating officer and president Richard McCombs as its ceo but has also announced its founder Dr Mike Biddle will return in a consulting role.
McCombs succeeds Nigel Hunton, who has served as ceo of MBA Polymers since January 2012. McCombs has expressed his ‘eagerness’ to help the company capitalise on its leadership position in the industry.
‘I’ve been working with quite a few CleanTech companies, and it’s even more apparent to me how remarkable it is that MBA was able to build three world-class plants in three different countries to deploy its technology and business models and produce MBA-branded resins that have been embraced by the global plastics industry for their quality as well as their environmental credentials,’ he says.
And Biddle comments: ‘I’ve been working to develop plastics recycling technology and businesses for over 25 years and I’ve never been more excited about the growth prospects for this industry.’ MBA Polymers has an ‘excellent’ chance to benefit from promising market conditions because of its ‘proven technology, world-class facilities and widely-recognised market brand’, he adds.
MBA has grown into a world leader in plastics recycling, with over 300 million pounds of annual processing capacity across its plants in China, Austria and the UK.