United States – Claimed to be ‘one of the largest of its kind’ in the USA, a new Closed Loop Fund initiative aims to boost plastics recycling with the help of US$ 100 million from corporate giants like Walmart, Goldman Sachs and Coca-Cola.
According to Fortune.com, a major, high-tech recycling plant in Baltimore could be sorting 54 000 tonnes of plastic scrap by this time next year – including yogurt cups, milk cartons and plastic soda bottles – in servicing an area within a 500-mile radius across the US East Coast.
Over 10 years, organisers of the Closed Loop Fund expect a total of three projects to divert ‘half a million tonnes’ of scrap from landfill.
Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.
Loading ...
