Plastics producer has mettle: Fuling Global files for a $30 million IPO

Fuling Global, a producer of disposable plastic food service products, filed on Tuesday with the SEC to raise up to $30 million in an initial public offering.

The Wenling, China-based company, which was founded in 1992 and booked $83 million in sales for the fiscal year ended December 31, 2014, plans to list on the Nasdaq under the symbol FUOI. Burnham Securities is the sole bookrunner on the deal. No pricing terms were disclosed.

This is a best-efforts offering, therefore we will not track Fuling Global in our IPO stats