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Tag Archives: brand owners

Brands invest in Ohio plastics recycling operation

Published: August 24, 2021
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Business handshake with documents on conference table.

The American Beverage Association, Ohio Beverage Association and investment firm Closed Loop Partners announced their combined $5 million investment in Evergreen’s Ohio expansion. | Takorn / Shutterstock

Beverage giants and an investment firm are putting millions of dollars behind PET reclaimer Evergreen.

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Industry’s $9.5 million effort brings carts to Baltimore

Published: June 29, 2021
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Aerial view of Baltimore and inner harbor.

A collaboration will provide over $9 million to boost recycling in Baltimore. | iofoto / Shutterstock

Over 200,000 Baltimore households will receive free recycling carts after corporate, nonprofit and government partners collaborated to provide cash grants and more.

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Researchers tout benefits of a US bottle bill

Published: May 4, 2021
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PET bottles for recycling.

Researchers estimate over 74 billion PET bottles were landfilled, burned or littered in the U.S. in 2019. | Teerasak Ladnongkhun / Shutterstock

This story has been updated and corrected.

A new report estimates that a nationwide bottle deposit program would reduce the number of drink containers each American wastes to 67 per year, down from 426 under the status quo.

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Unilever invests in fund that acquires recycling companies

Published: March 30, 2021
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Unilever logo on company building with blue sky above.

Unilever uses about 118,000 metric tons of plastic packaging in North America each year, half of which is post-consumer resin. | Peter Bueno/Shutterstock

Unilever North America will invest $15 million in the Closed Loop Partners Leadership Fund, a private equity platform that helps grow companies in the recycling value chain.

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Details on Circulate Capital’s Indian plastics investments

Published: December 22, 2020
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Workers at the Dalmia Polypro Industries facility.

Circulate Capital invested in Dalmia Polypro Industries, a plastic bottle recycling company based in Mumbai, India. | Courtesy of Circulate Capital.

The U.S. and Europe have had formal recycling infrastructure in place for decades. That’s not the case in India, where Circulate Capital just invested millions of dollars to boost infrastructure and reduce ocean plastics generation.

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Reusable packaging platform draws millions

Published: December 15, 2020
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A table with samples of reusable packaging in the Loop platform.

Since its launch in May 2019, Loop has attracted more than 100 brands, and its durable packaging is used in some 400 products. | Courtesy of Loop.

Nestlé, Procter & Gamble and other investors have put $25 million behind Loop, a packaging reuse model that launched last year.

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Major packaging users hit 6.2% average recycled content

Published: November 10, 2020
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Walmart store's dairy shelf.

Walmart grew its recycled plastic use across product packaging lines from less than 0.5% in 2018 to 9% in 2019. | Chekyravaa/Shutterstock

Some of the largest packaged goods and retail firms increased their use of recycled plastic in 2019, but they have work to do to hit 2025 targets, according to an Ellen MacArthur Foundation update.

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