Close the Loop announces new soft plastic recycling facility, appointment of North American CEO

SYDNEY, AUSTRALIA: Close the Loop Limited (ASX: CLG), a leading provider of sustainability solutions, has announced two major developments: the completion of a new soft plastic recycling facility in Melbourne and the appointment of a new North American CEO. The new facility, which will start generating revenue in early 2024, is part of the company’s…

Close the Loop acquires bulk packaging business, Crasti & Company

MELBOURNE, AUSTRALIA: Close the Loop Limited (ASX: CLG) has strengthened its position in the bulk packaging market via the acquisition of leading Australian bulk packaging business, Crasti & Company Pty Ltd. Established for over 25 years, Crasti & Co. is one of Australia’s largest Flexible Intermediate Bulk Container (FIBC) and bulk packaging supplier. Crasti &…

Close the Loop acquires seafood packaging firm, Oceanic for $4.0mn

MELBOURNE, AUSTRALIA: Close the Loop Limited (ASX: CLG) has acquired leading seafood bulk commercial packaging provider, Oceanic Agencies Pty Ltd. Oceanic Agencies is a Queensland-based business and a major Australian supplier providing both packaging and materials handling for the aquaculture, wild caught and post-harvest sectors of the seafood industry. Oceanic supplies some of the largest…