E-Leather benefits from $5m investment - leatherbiz: Leading news site Leatherbiz

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E-Leather benefits from $5m investment

10/06/2014
E-Leather, a UK-based company that makes composite leather materials from waste from tanneries, has received £5 million in growth capital from the Environmental Technologies Fund.

E-Leather products are manufactured by hydro-entangling leather fibres and a high performance core material. The investment will help the company to expand its customer base in the bus, coach and rail sectors as well as developing growth opportunities.

Chris McBean, CEO of E-Leather, said: “We’re delighted to have ETF as financial and strategic partners supporting our next stage of growth to strengthen our global position.”

South Korea-based airline T’way Air has recently announced it is introducing E-Leather in its interiors.



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