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Lakeshore CEO Talks Trash: How to Make a Profit in the Recycling Industry

Lakeshore CEO Talks Trash: How to Make a Profit in the Recycling Industry

Within six months of opening its new single-stream recycling facility, Lakeshore Recycling Systems is generating a profit — about $100 per ton in revenues from commodity sales — and expects to divert more than 1 million tons of material from landfill by 2025.

Lakeshore Recycling Services

Closed Loop Fund’s First $20M Recycling Investments Show ‘Recycling Makes Economic Sense’

The Closed Loop Fund has invested nearly $20 million in nine recycling projects to date, and this has generated more than $50 million in co-investment from municipalities, banks and impact investors.

Why Walmart’s Zero-Waste Goal Includes Suppliers, Sustainable Packaging

Walmart this week launched its Sustainable Packaging Playbook, a guide to best-practices such as maximizing recycled and sustainably sources renewable content, reducing materials used through better packaging design and designing for recyclability.

Closed Loop Foundation Awards $300K to Plastic Film Recyclers

In an effort to advance film plastic packaging recycling, the Closed Loop Foundation has awarded about $300,000 in grant money to two plastic recycling companies.

Heineken Latest Sustainability Report Offers ‘First-of-its-Kind Digital Experience’

Heineken Latest Sustainability Report Offers ‘First-of-its-Kind Digital Experience’

Digital sustainability reporting has arrived — at Heineken USA, anyway. GRI’s chief advisor on innovation in reporting, Nelmara Arbex, in March told Environmental Leader that these three features — digital, responsible and interactive — will define the future of sustainability reporting. Heineken USA’s latest sustainability report incorporates all three, in … Read more »

Memphis

Closed Loop Fund Investment Supports Single-Stream Recycling in Memphis

In the investment fund’s ongoing efforts to increase recycling rates and divert waste, the Closed Loop Fund has invested $3.25 million to support single-stream recycling in Memphis, Tennessee. The fund estimates this investment will reduce more than 48,000 tons of waste from the landfill and avoid over 17,000 tons of … Read more »

Lakeshore Recycling Services

Lakeshore Recycling Systems Receives $1.5M Closed Loop Fund Investment

As it moves forward with its plan to invest more than $500 million in US recycling projects by 2020, the Closed Loop Fund yesterday announced its latest investment: $1.5 million in Lakeshore Recycling Systems. The investment allowed the recycling company to bring a material recovery facility to Chicago — the … Read more »

Dr Pepper

Dr. Pepper Snapple Group Invests $6M in Recycling Efforts

Dr. Pepper Snapple Group is investing $5 million in the Closed Loop Fund, a recycling initiative whose founding members include Walmart and Coca-Cola, and $1 million in Keep America Beautiful’s effort to place recycling bins in public parks. The beverage company says through these investments, it aims to help achieve … Read more »

zero waste

Zero Waste: Stop Throwing Money in the Trash

Companies have a major financial incentive to achieve zero waste. “Waste = Wasted Cash,” writes Eric Lombardi, executive director of Eco-Cycle International, on Waste360.com. An example: Unilever North America, which achieved 100 percent zero-waste-to-landfill at all dedicated distribution centers in North America earlier this year, said zero waste resulted in … Read more »

recycling

Recycling Smackdown: Closed Loop Fund vs. John Tierney

John Tierney’s now infamous opinion piece that argues recycling it too costly and isn’t benefiting the environment, published in last week’s New York Times, has been fact checked by the Closed Loop Fund team — and the recycling group says it’s bunk. In “The Reign of Recycling,” Tierney writes “it’s still … Read more »

Closed Loop Fund recycling

Recycling ‘Game Changer’ Gets $24M Cash Injection

A major plastics recycling plant that will recycle the #3-#7 hard–to–recycle plastics such as yogurt containers and lawn furniture is slated to come online in October, servicing much of the US East Coast, thanks to a multi-million investment by the Closed Loop Fund. The fund has amassed millions of dollars … Read more »