Biopolymer & PHA Producer Meredian Receives Investment from Perry- McCall
Meredian Inc., a privately held biopolymer manufacturer and one of the world's largest producers of PHA (polyhydroxyalkanoate), announced the receipt of an investment from the world class engineering and construction group, Perry-McCall. Prior to this investment decision, the group was selected and is currently building out Meredian's manufacturing facility to produce the completely biodegradable plastic. "As part of our validation of proof of concept and business model we addressed scalability with Tate and Lyle and modularity and buildout with Perry Mcall. Our model has been validated every step of the way by third party credible professional organizations," said Paul Pereira, Executive Chairman to the Board of Directors at Meredian Inc. In August 2013, the Engineering and Construction Group of Perry-McCall started working with the Engineering and Process Development Group at Meredian to create the design for the facility. After eight months of studying the process...