Nestlé invests US$ 30 million in Closed Loop Leadership Fund

Move to help upgrade US recycling infrastructure

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Nestlé
Nestlé Smarties Photo - Nestle

Global FMCG major on 7 September announced a US$ 30 million (approximately Rs 220 crore) investment in the Closed Loop Leadership Fund, the private equity fund of circular economy investment firm Closed Loop Partners to lead the shift from virgin plastics to the use of food-grade recycled plastics in the…

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