Amazon to invest $100 million recycling of packaging waste in US

Date of Publication: 16th October 2018

Link to Full Article: Bloomberg

Short excerpts from above report:

Amazon to invest $10 million in Closed Loop Partners, a $100 million fund focusing specifically on municipal recycling programs and technologies aimed at eliminating packaging waste

Amazon joins other large retail and consumer goods investors including 3M, Coca Cola Co., Procter & Gamble Co., and Unilever prompted from Chinese ban on import of 24 types of wastes.

 

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