Materials firm FRX Polymers Inc. has been named to the Global Cleantech 100 list for the third time.
The list is compiled annually and includes the world's 100 most promising and innovative clean technology firms, as selected by the Cleantech Group, a San Francisco-based research and advisory firm. Nominations are limited to privately held companies. Almost 7,000 companies were nominated for the 2015 list.
Nofia-brand halogen-free flame retardants made by Chelmsford, Mass.-based FRX are replacing halogenated flame retardants, which are being phased out because of toxicity concerns. Company officials have said Nofia creates no waste by-products.
Full commercial production of Nofia materials began last summer at a plant in Antwerp, Belgium. The 35-employee plant makes Nofia for applications in electronics, lighting, textiles, vehicle accessories and construction materials.
FRX President and CEO Marc Lebel said in a news release that the Cleantech award “recognizes the FRX team's commitment to developing products that address important market needs, while also protecting our environment with sustainable materials.”
FRX also recently received a Belgian Business Award for the Environment from the Federation of Businesses in Belgium. The awards are given to companies that excel through their achievements or special activities related to sustainable entrepeneurship.