Circular Polymers LLC
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Circular Polymers LLC - overview
Established
2022
Location
-, IL, US
Primary Industry
Environmental Services
About
Based in Lincoln, US, and founded in 2017 by CEO David Bender, Circular Polymers LLC, a. k. a. Circular Polymers is a recycling firm that recycles and processes post-consumer carpet through a unique technology into polyamide 6 and 66, polypropylene and polyester (PET) for applications across several industries.
In November 2022, Ascend Performance Materials Operations LLC, a portfolio company of SK Capital, acquired a majority stake in Circular Polymers. The company’s product line includes a wide range of post-consumer recycled products, including nylon 6,6, nylon 6, polypropylene and polyester (PET), and polypropylene in the form of melt filtered pellets, densified pellets, standard fiber, and homogeneous fiber. Circular Polymers transforms post-consumer discarded carpet into new polymer raw materials for automotive parts, furniture, wood composites, engineered resins, and injection molding.
Current Investors
Ascend Performance Materials Operations LLC
Primary Industry
Environmental Services
Sub Industries
Recycling, Pollution Control, Rubber & Plastics
Website
www.circularpolymers.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Circular Polymers LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Circular Polymers LLC | - |
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