United Kingdom – The founder of pioneering plastics recycler MBA Polymers, Mike Biddle, is stepping down as president. As a non-executive board member, however, he will still play a prominent advisory role in the company’s future growth strategy.
Commenting on his decision, Biddle says: ′I hope that I can contribute to that future even more outside the company by working to unlock plastics trapped in large waste streams around the world.′ He cites economic access to large amounts of concentrated plastics as ′the next barrier to more rapid growth of MBA’s business model′.
MBA Polymers has developed a major recycling footprint, combining more than 300 million pounds of annual processing capacity at its ′state-of-the-art′ plants in China, Austria and the UK. Biddle plans to leverage his 20-plus years of recycling experience to ′help other entrepreneurs accelerate their journey from dreams to solutions′.
He is set to take up the presidency of the newly-formed Waste Free Oceans Americas – a Brussels-based non-profit organisation working towards cleaning the oceans of waste materials. This is an issue which touches Biddle ′deeply′ at every level – ′as a recycler, father, diver and lifetime student of nature′.
MBA Polymers′ chief executive Nigel Hunton says that the company is now ′positioned to expand further′ and that the recent new investor funding is a sign of ′real confidence in our business going forward′. He adds: ′I′ve never seen more clear opportunities to recover value from large waste streams than I see before us now.′
For more information, visit: www.mbapolymers.com
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