MDF Recovery funded for growth

January 26, 2021

Delighted to confirm that completion of a substantial investment round has provided MDFR with the resources to accelerate the commercialisation of our technology.

The support of new investors who had thoroughly researched the market, our technology and business plan is a significant vote of confidence in the company. More importantly, it ensures that we have the resources to complete industrialisation of our technology and accelerate its commercial roll-out.

With funding now in place, MDFR is in a position to apply the learnings from an 18 month “Closing the Loop in the MDF Supply Chain” research programme with Kronospan, supported by Innovate UK, alongside other development activity with partners including Nottingham University and the Centre for Process Innovation. We are now close to defining blueprints for full scale industrialisation and are aiming for the first operational plant to be up and running by Q3 2022.