ERJ staff report (R&PN)
Washington DC -- Leaf Clean Energy Co., a Washington-based investment company specialising in renewable energy and sustainable technology, is investing $5 million in Lehigh Technologies L.L.C. to help Lehigh meet increasing demand for its energy-saving micronised rubber powders, Leaf said.
Leaf led the investment round and joined other leading investors in the company, Leaf said.
Tucker, Ga.-based Lehigh has a proprietary manufacturing process that uses end-of-life tyre and post-industrial rubber material to make high-quality micronised rubber powders.
Lehigh said its rubber powders can help rubber product manufacturing companies achieve sustainability goals, improve product performance and deliver cost savings without sacrificing the reliability of virgin rubber.
â€œLehigh is a compelling investment because they address a major environmental problem with a product that has a great value proposition for their customers,â€ said Bran Keogh, Leaf executive director.
From Rubber & Plastics News (A Crain publication)
Press release from Leaf