Plastic recycler gets funding as pollution awareness rises

Fund manager Delta Capital Myanmar recently announced it had invested US$12.6 million in Commercial Plastics Co Ltd (CPC) of Yangon, which recycles post-consumer plastic bottles collected from all over the country. The investment, made via Delta Capital’s Myanmar Opportunities Fund II and Daiwa PI Partners’ Daiwa Myanmar Growth Fund, will enable CPC to buy equipment […]

Delta Capital, Daiwa invest $12.6m in Myanmar PET bottle recycler CPC

Myanmar-focused private equity firm Delta Capital Myanmar and Daiwa PI Partners have jointly invested $12.6 million in plastic bottles recycler Commercial Plastics Company (CPC). The investment was made through Delta Capital’s Myanmar Opportunities Fund II and Daiwa PI’s Daiwa Myanmar Growth Fund. This is Delta Capital’s first control deal as also Daiwa Myanmar Growth Fund’s […]