FRX Polymers raises US$ 15.7 million Series B financing

Chelmsford, MA, USA: 6 June 2011 - FRX Polymers, Inc announced today that it has closed on US$15.7 million in a Series B equity round of financing. The funds will be used for working capital and to partially fund FRX's first commercial scale production facility. FRX's new plant is being built to fulfill significant customer demand for the Company's novel flame retardant polymers.