Closed Loop Fund

Project finance that invests in scaling recycling infrastructure and sustainable manufacturing technologies that advance the circular economy.

INVESTMENTS

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Aero Aggregates LLC, produces ultra-lightweight aggregates from 100% post-consumer, mixed color, recycled glass. The final product is 85% lighter than most natural aggregates and has good insulation properties. The material is used in highway and building construction, foundations, concrete and green roofs as lightweight fill.  

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Eureka Recycling is a nonprofit social enterprise based in the Twin Cities, whose mission is to demonstrate that waste is preventable, not inevitable. We provide recycling collection and processing services, servicing 200,000 households and sorting over 90,000 tons a year. Our programs and policy work present solutions for local economic development, climate change, and environmental justice.

GreenMantra Technologies (PRNewsfoto/GreenMantra Technologies)

 

GreenMantra Technologies is focused on applying its upcycling catalytic technology to advance the circular economy.  The first application of the technology, the production of polyethylene and polypropylene, has now reached commercial scale.  The company recently announced its collaboration with SunChemical to bring new ink polymers from waste polystyrene and waste EPS.   

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IntegriCo Composites is a manufacturer of composite railway products including railway crossties and composite grade crossings. Utilizing patented manufacturing technology, IntegriCo produces its products from 100% recycled plastics. Since commencing operations, IntegriCo has diverted in excess of 70 million pounds of landfill bound plastics to the manufacture of valuable infrastructure products sold to a widely varied customer base.

 

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Lakeshore Recycling Systems (LRS) is Illinois’ largest private waste company, specializing in recycling and waste diversion programs for Chicagoland businesses and homeowners, dumpster services and portable restroom rental. Controlling over 2.3 million tons-per-year, LRS does not own a landfill and is committed to raising awareness for a more environmentally sustainable business model that fuels the circular economy. 

 

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Memphis is the 2nd largest city in Tennessee.  Until 2016, Memphis had limited recycling.  In with support from Closed Loop Fund, the city invested in 80,000 single stream recycling carts to households across the city in 2016.  In its first year, the city increased recycling rates by 61%.

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Momentum Recycling is a cullet processor and recycling services provider, with operations in Salt Lake City and Denver.

 

Portage County

 

Portage County, OH is a rural county in Ohio SE of Cleveland with a population of 165,000 residents.  In with support from Closed Loop Fund, the city invested in 25,000 single stream recycling carts and modern recycling trucks.

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Preserve, a certified B Corporation, makes stylish, eco-friendly products for the home including a full line of kitchen products, tableware, and personal care products, using 100% recycled plastic and plant-based compostable materials that are BPA free and Made in USA. Everyday products that are good for people and the planet.

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QRS of Maryland is a leading international processor and trader of recyclable material. Since 2002 CRHC has been at the forefront of the major recycling initiatives such as single stream recycling, establishing direct sales to China and adding both recycled and virgin resin plastic trading offices in addition to co-venturing to build a state-of-the-art PRF in Baltimore, MD. The combined exports of the group generally place it amongst the 10 largest exporters from the USA as measured by volume of containers.

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The City of Waterbury, CT is the fifth largest City in the state with a population of 110,000 residents. Working with the Office of Mayor Neil O’Leary, the Connecticut DEEP and the Closed Loop Fund, Waterbury will be implement an enhanced recycling program. The City will issue a 95 gallon recycling container to every household beginning October 16, 2017. The goal of the program is to increase the current 6% recycling rate to 25% in the next three years. http://www.waterburyct.org

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Waste Commission of Scott County, a solid waste district in NE Iowa, with support from the Closed Loop Fund invested in new singles stream recycling carts, trucks and Material Recovery Facility (MRF).  In its first year the district has seen a 61% increase in recycling weights due to this new program.

 

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Emerald Coast Utility Authority MRF is a “clean” MRF servicing Escambia County and the City of Pensacola.  The MRF processes recyclables sorted by the customer and placed in a single stream curbside recycling cart.  The MRF is processing approximately 30 tons per hour, 150 tons daily, or approximately 45,000 tons per year on one shift.