WASHINGTON (July 20, 2012)—Lehigh Technologies, which produces micronized rubber powder from scrap rubber from tires and other post-industrial products, has received a $5 million investment by Leaf Clean Energy Co.
Leaf is a renewable energy and sustainable technology investment firm, which said it led the investment round and joined other leading investors in the company.
Lehigh addresses a major environmental problem with a product that offers great value to its customers, said Bran Keogh, executive director of Leaf Clean Energy. His company's mission is to support companies that can achieve environmental sustainability with economically viable business models.
Lehigh's micronized rubber powder can help companies achieve sustainability goals, improve product performance and deliver cost savings without sacrificing the reliability that traditional raw materials offer, Leaf said.