Close The Loop Ltd. (ASX:CLG) Share Price & Analysis
(ASX:CLG) Share Price Chart
About (ASX: CLG)
Close the Loop is a pioneering global sustainability solutions company dedicated to transforming waste management and creating a circular economy. With operations spanning multiple continents, the company specializes in collecting and processing complex waste materials that are typically hard to recycle, converting them into valuable new products and resources that solve critical global needs.
The company operates through two primary divisions: “Collect” and “Create”. Their collection efforts involve innovative recycling solutions across diverse waste streams, including technology and e-waste, soft plastics, print consumables, and cosmetic packaging. They work with major global brands like HP, Dell, Canon, and Walmart to develop comprehensive take-back and recycling programs that divert materials from landfills and create new value-added products.
Close the Loop’s “Create” division focuses on developing sustainable products and solutions that demonstrate the potential of the circular economy. Their innovations include creating road asphalt additives from recycled plastics and toner powder, producing recycled plastic resins, and designing packaging solutions that prioritize sustainability. With impressive metrics like refurbishing over 700,000 consumer electronic devices annually and collecting more than 50 million printer consumables, the company is actively driving systemic change towards a zero-waste future while generating significant revenue and creating environmental impact.