• FRX Innovations

  Participated · Series C · Jan 2014

  FRX Polymers develops and produces an environmentally friendly family of inherently flame retardant plastics and oligomers sold under the Nofia® brand. Its product suite comprises polyphosphonate homopolymers, copolymers, and oligomers that are halogen-free, transparent, and high-flowing for electronics, textiles, building and construction, and transportation markets. The company is in a high-growth phase of commercializing these materials. FRX operates a pilot plant at its Chelmsford, Massachusetts headquarters and a full-scale commercial plant in Antwerp, Belgium, and was founded in 2007. FRX plans to expand its global organization with a strong focus in Asia and to double production capacity in Belgium via an Antwerp plant expansion. The company recently secured AU$15.15 million (approximately US$12 million) in pre-IPO mezzanine financing to support working capital, Asian growth, and the Antwerp expansion. FRX Polymers develops and commercializes Nofia®, a family of inherently flame‑retardant, non‑halogen polyphosphonate homopolymers, copolymers and oligomers that are tough, transparent and high melt‑flow. Its products are sold into consumer electronics, building & construction, and transportation markets as polymeric flame retardant additives, engineering plastics and reactive additives for thermosets. The company operates pilot plants in Chelmsford, MA and a full‑scale plant in Antwerp, Belgium through its European subsidiary. FRX holds an extensive patent estate (49 granted patents and 104 applications) and has received multiple industry awards and recognitions. The company is in a high‑growth commercialization phase and is ramping sales of products from its new industrial plant. FRX Polymers develops and commercializes a family of inherently flame‑retardant, non‑halogen polyphosphonate homopolymers, copolymers and oligomers sold under the Nofia® trade name. Its products are positioned for consumer electronics, building and construction, and transportation markets as polymeric flame retardant additives, engineering plastics, and reactive additives for thermosetting resins. The company is in a high‑growth commercializing phase and recently opened its first industrial‑scale “Green” flame retardant polymer plant in Antwerp, Belgium. FRX operates pilot plants in Chelmsford, MA and a polymer pilot plant in Switzerland in addition to the Antwerp full‑scale plant, and is headquartered in Chelmsford, MA. The business holds an extensive patent estate (43 granted patents and 96 patent applications) and has received multiple industry awards and recognition. The new funding will be used to fund the sales ramp of the Antwerp plant. FRX Polymers develops and markets an environmentally friendly family of inherently flame‑retardant, non‑halogen plastics and polymeric flame retardant additives. Its products are sold into consumer electronics, building and construction, and transportation markets as additives, engineering plastics, and reactive additives for thermosetting resins. The company is led by President and CEO Marc Lebel and is based in Chelmsford, Massachusetts. FRX is advancing commercialization with plans for a first commercial‑scale production facility scheduled to come on stream in the second quarter of 2013 in Antwerp, Belgium. It also intends to expand a Swiss pilot facility, build out its team, and complete a global product registration process. Founded in 2007, the company is positioning its materials as non‑halogen alternatives for flame‑retardant applications. FRX Polymers makes a family of non-halogen, inherently flame-retardant polyphosphonate homopolymers, copolymers and oligomers sold as polymeric flame retardant additives, stand-alone engineering plastics and reactive additives for thermosets. Its products are described as tough, transparent, high melt-flow materials that do not migrate from host plastics and can improve melt flow and mechanical properties while replacing certain banned halogenated flame retardants. FRX is commercializing these materials from pilot production, operating two pilot plants in Chelmsford, MA and a larger pilot plant in Switzerland, and reports production at capacity. The company holds an expanding patent portfolio with ten granted patents and roughly 50 patent applications and has received industry recognition including Frost & Sullivan’s 2008 “Innovation of the Year” award and other competition wins. FRX was founded in 2007 and is headquartered in Chelmsford, Massachusetts. The company is using new financing to support growth and to fund its first commercial-scale production facility to meet significant customer demand.

No current team members are available.