Close the Loop expands packaging offerings in US

Close the Loop — an end-to-end solutions provider from design and manufacturing through to collection and recycling of products — is expanding its packaging presence the United States with the formation of Close the Loop Packaging.

The new group will use existing connections that its network of resource recovery business units in the US already has in place. This will let it assess the expansion and look for possible ventures into packaging-related services as well as other product take-back programs. The new venture will be operating out of its existing location in Hebron, Kentucky.

“Close the Loop is Australia’s most advanced vertically integrated design, manufacturing, collection and recycling company that reduces waste to landfill and gets recycled content back into new products,” said Close the Loop Group CEO Joe Foster.

“Our award-winning packaging products and regenerative uses for plastics help companies stay ahead of evolving recycling guidelines and regulations. We want to offer this full circular-economy capability to companies in the United States.

“There are real opportunities for us to help large companies in the US reduce their environmental footprints and improve their ESG and supply chain credentials by examining more sustainable packaging options that then feed into their great work they’re already doing with Close the Loop in other areas.

“For example, we already partner with 15 of the world’s largest print and print consumable original equipment manufacturers (OEMs), including Brother, Canon, Epson, HP and Xerox. We collect, process and recycle 40 million printer cartridges per annum that are then turned into other products like TonerPlas road additive and base commodities. We can improve their carbon footprint by offering more sustainable packaging alternatives that can also be integrated with the current initiatives they run with the company.

“Close the Loop Packaging will provide a great opportunity for us to gain insights into the issues facing the US packaging markets and showcase how our fully integrated offer can help those companies meet the trends in packaging and sustainability as they arise. This will also allow us to leverage our offshore manufacturing capabilities to provide more volume into the US market.”

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