Close the Loop Group
Close the Loop Group is an ASX-listed Australian circular economy company that recovers printer consumables, soft plastics, IT equipment, and packaging waste into new materials including TonerPlas® asphalt additive and rFlex™ resins, serving Fortune 500 OEMs and brands across Australia, the Americas, and EMEA.
- Company typePublic
- Founded2003
- HeadquartersSomerton, Australia
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Close the Loop Group does
Close the Loop Group is an Australian-headquartered, ASX-listed (CLG) circular economy platform that operates three integrated divisions: Packaging, Circular Solutions, and IT Refurb. Founded in 2003, the company processes hard-to-recover waste streams — printer consumables, soft plastics, cosmetics packaging, batteries, and end-of-life IT equipment — into either new raw materials (notably TonerPlas® asphalt additive and rFlex™ recycled resins) or refurbished devices, while simultaneously producing sustainable packaging products (bulk bags, flexible pouches, custom cartons, seafood packaging) and running certified IT Asset Disposition services for enterprise clients.
The company's core technology is an industrial circular-economy infrastructure with proprietary recovery processes anchored by two registered trademarked products: TonerPlas®, which converts recovered toner and plastics into a road-surfacing asphalt additive deployed across Australia, and rFlex™, a recycled plastic resin produced from recovered soft plastics. Operations span three global regions — Australia, Americas, and EMEA — with annually disclosed throughput of 17 million+ printer consumables recovered, 41 million+ pounds of materials diverted from landfill, and 700,000 consumer electronic devices refurbished, supporting Fortune 500 OEM customers.
Close the Loop monetizes through four streams: direct sale of sustainable packaging products (quote-based, multi-year contracts), circular solutions and resource recovery services, IT asset recovery and refurbishment (channel-aligned via the HP Platinum Certified Renew Partner program), and TonerPlas® asphalt additive sales. The go-to-market is enterprise field sales supplemented by OEM partnerships and Australian retail distribution through Officeworks and Winc. Annualized 1H24 revenue exceeds A$212 million, with the company having executed a US$4.0 million acquisition of In-Plas Recycling in January 2023 to establish a North American foothold in plastics recycling.
Close the Loop Group firmographics
Firmographics- Name
- Close the Loop Group
- Legal name
- Close the Loop Group Limited
- Website
- https://ctlgroup.com.au
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Close the Loop Group is an ASX-listed Australian circular economy company that recovers printer consumables, soft plastics, IT equipment, and packaging waste into new materials including TonerPlas® asphalt additive and rFlex™ resins, serving Fortune 500 OEMs and brands across Australia, the Americas, and EMEA.
- Ownership category
- akta.pro rank
Close the Loop Group industry classification
Industry- Product category
- Circular Economy & Resource Recovery
- NAICS
- Materials Recovery Facilities (56292), Electronic and Precision Equipment Repair and Maintenance (81121), Other Paperboard Container Manufacturing (322219), Recyclable Material Merchant Wholesalers (42393), Packaging and Labeling Services (56191)
- SIC
- Wholesale-Computers & Peripheral Equipment & Software (5045), Paperboard Containers & Boxes (2650), Papers & Allied Products (2600), Wholesale-Durable Goods (5000)
- akta.pro primary industry
- Product Take-Back & Reverse Logistics Programs (EUAIANAA)
- akta.pro secondary industries
- Packaging Recovery & Closed-Loop Programs (Take-Back, Deposit-Return, EPR Support) (IMALAMAF), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), ITAD, Electronics Recycling & Parts Harvesting Retail (CRACAJAF), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL), Reusable Packaging & Refill Systems (Returnable Transport Items, Deposit/DRS Ops) (EUAIANAE)
Keywords
Where Close the Loop Group is headquartered
LocationHeadquarters
- HQ city
- Somerton
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Close the Loop Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Sustainable Packaging Sales: Sale of sustainable packaging products including bulk bags, flexible packaging, rigid containers, and custom cartons for various industries including seafood, food, and retail sectors.
- Circular Solutions and Recycling Services: Revenue from take-back programs and resource recovery services, processing waste streams into new materials like TonerPlas® and rFlex™.
- IT Asset Recovery and Refurbishment: IT refurbishment services including secure data destruction, device testing, reuse and responsible recycling, working as HP Platinum Certified Renew Partner.
- TonerPlas Road Surfacing: Sale of TonerPlas® asphalt additive product derived from recovered toner and plastics for road construction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom packaging solutions - quote-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Close the Loop Group product offering
Product offeringCore offering
Close the Loop Group operates an integrated circular economy platform with three divisions: (1) Packaging — sustainable bulk bags, flexible packaging, custom cartons, seafood packaging, and short-run digital packaging; (2) Circular Solutions — take-back and resource recovery programs for printer consumables, cosmetics packaging, soft plastics, and batteries, plus proprietary TonerPlas® asphalt additive and rFlex™ recycled plastic resins; (3) IT Refurb — end-to-end IT Asset Disposition (ITAD) including secure data destruction, testing, reuse, and responsible recycling of enterprise electronic equipment.
Product overview
Close the Loop Group operates as an integrated circular economy platform with three main divisions: Packaging, Circular Solutions, and IT Refurb. The Packaging division provides sustainable packaging products including bulk bags, flexible packaging (stand-up pouches, retort pouches, coffee bags), custom cartons, seafood packaging, and short-run digital packaging. The Circular Solutions division offers resource recovery services turning waste into new resources: Print Consumables Recycling, Cosmetics Recycling, Battery Recycling Box, Soft Plastics Recycling, and specialized products including TonerPlas® (asphalt additive from recovered toner) and rFlex™ (recycled plastic resins). The IT Refurb division provides end-to-end ITAD services including secure data destruction, equipment testing, reuse, and responsible recycling. The company serves Fortune 500 companies and operates across Australia, Americas, and EMEA regions.
Differentiator
Problem solved
Functional benefit
Brands
- TonerPlas®: High-performance asphalt additive made from recovered toner, used in roads across Australia
- rFlex™
- Close the Loop Collect
- Close the Loop Create
Products and services
- TonerPlas® A high-performance asphalt additive made from recovered toner cartridges and plastic materials, used in road surfacing across Australia to transform waste toner into a sustainable infrastructure material.
- rFlex™ Recycled plastic resins derived from processed waste materials, used as raw material for new plastic products supporting circular economy goals.
- Print Consumables Recycling Industry-leading take-back program for printer consumables including toner cartridges, recovering and processing materials for reuse in new products such as TonerPlas® and rFlex™.
- Cosmetics Recycling Take-back program for cosmetics packaging and related materials, diverting complex waste streams from landfill through collection and resource recovery.
- Battery Recycling Box Collection and recycling solution for batteries, ensuring safe disposal and resource recovery from battery waste streams.
- Soft Plastics Recycling Collection and processing program for soft plastics, converting difficult-to-recycle materials into new resources such as rFlex™ recycled resins.
- IT Refurb (ITAD) End-to-end IT Asset Disposition (ITAD) services covering secure decommissioning, certified data destruction, testing, reuse, and responsible recycling of electronic equipment; Close the Loop operates as an HP Platinum Certified Renew Partner.
- Bulk Bags Industrial-grade bulk bag packaging products including FIBCs, clean room bags, container liners, wash out bags, and polypropylene woven bags for various packaging needs.
- Flexible Packaging Flexible packaging solutions including flat bottom bags, stand-up pouches, retort pouches, coffee bags, lidding films, rewind rolls, and spout pouches.
- Custom Cartons Customized carton packaging including kraft paper pouches, paper sleeve packaging, and retail/shelf-ready packaging solutions.
Quantifiable outcome
- 17 million+ printer consumables recovered annually globally
- +3 more outcomes
Companies that use Close the Loop Group
Customer profileNamed customers18 records
Segments5 records
Ideal customer profiles5 records
Close the Loop Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Close the Loop Group partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core.
- In-Plas RecyclingcoreAcquired US recycling company In-Plas Recycling for $4.0 million to expand recycling capabilities and presence in the US plastics market. The acquisition includes ownership of a US-based recycler and processor with established clients, enhancing Close the Loop's offerings in the North American plastics secondary market.
- HP (Hewlett-Packard)coreHP Platinum Certified Renew Partner - Close the Loop is HP's highest-tier partner for IT asset recovery, secure disposition, and refurbishment services. Works with HP to manage and recover IT assets from enterprise environments and data centres worldwide.
- LexmarkcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Lexmark products.
- BrothercorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Brother products.
- CanoncorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Canon products.
- XeroxcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Xerox products.
- EpsoncorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Epson products.
- Konica MinoltacorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Konica Minolta products.
- ToshibacorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Toshiba products.
- KyoceracorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Kyocera products.
- SharpcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Sharp products.
- RicohcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Ricoh products.
- MimakicorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Mimaki products.
- RolandcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Roland products.
- FujifilmcorePrinter OEM partner for take-back and recycling programs. Close the Loop provides end-of-life consumables recycling services for Fujifilm products.
- OfficeworkscoreAustralian office supplies retailer partnership for distribution of Close the Loop products and services in the Australian market.
- WinccoreAustralian office supplies and solutions provider partnership for distribution of Close the Loop products and services in the Australian market.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Close the Loop Group competitors and assessment
Company assessmentBroad incumbents
- Stericycle: US-based regulated waste and information destruction services provider (now including ITAD). Closest large incumbent comparison for Close the Loop's certified data destruction, compliance, and e-waste services.
- Veolia Environnement: Global environmental services leader offering recycling, ITAD-equivalent waste services, materials recovery, and sustainable solutions. Larger, multi-region incumbent with overlapping circular-economy capabilities at far greater scale.
- Amcor: Global packaging giant with sustainable packaging and recycled-content product lines. Comparable incumbent for Close the Loop's sustainable packaging segment (flexibles, pouches, cartons).
- Sims Limited: ASX-listed (SGM) global recycling company headquartered in Australia, with operations in metals and ITAD/electronics recycling. Comparable public-market peer serving overlapping materials-recovery and e-waste markets.
Direct peers
- TerraCycle: Global hard-to-recycle waste and take-back program operator (printer consumables, cosmetics, packaging). Highly comparable to Close the Loop's Circular Solutions division in addressing 'difficult' waste streams that mainstream recycling rejects.
- Quantum Lifecycle Partners: North American ITAD, electronics refurbishment, and reverse-logistics provider. Directly comparable to Close the Loop's IT Refurb division in services and OEM reseller programs.
- MBA Polymers: Specialist recycler of post-consumer and post-industrial plastics into recovered resins for new products — directly comparable to Close the Loop's rFlex™ recycled-resin and soft-plastics recovery activities.
- Electronics Recyclers International (ERI): Large US ITAD and electronics recycling provider with certified data destruction and e-Stewards/R2 compliance. Direct competitor in enterprise IT refurb and responsible recycling.
Emerging players
- ecoATM / Gazelle: Consumer device trade-in and refurbishment platform for smartphones, tablets, and electronics. Adjacent peer in IT refurb/device trade-in within Close the Loop's IT Refurb segment, though more consumer-channel focused.
Regional players
- Visy Industries: Australia-headquartered paper, packaging and recycling major. Comparable as a domestic ANZ packaging/recycling competitor, particularly for Close the Loop's custom cartons and bulk-bag packaging offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Close the Loop Group social profiles
Digital presenceClose the Loop Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Close the Loop Group leadership team
Management profileNumber of profiles
Profiles2 records
Close the Loop Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Close the Loop Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Close the Loop Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Close the Loop Group
What does Close the Loop Group do?
Close the Loop Group operates an integrated circular economy platform with three divisions: (1) Packaging — sustainable bulk bags, flexible packaging, custom cartons, seafood packaging, and short-run digital packaging; (2) Circular Solutions — take-back and resource recovery programs for printer consumables, cosmetics packaging, soft plastics, and batteries, plus proprietary TonerPlas® asphalt additive and rFlex™ recycled plastic resins; (3) IT Refurb — end-to-end IT Asset Disposition (ITAD) including secure data destruction, testing, reuse, and responsible recycling of enterprise electronic equipment.
Is Close the Loop Group a public or private company?
Close the Loop Group is a public company. It is classified as public and is currently operating.
When was Close the Loop Group founded?
Close the Loop Group was founded in 2003. It employs 251 to 500 people.
Where is Close the Loop Group based?
Close the Loop Group is headquartered in Somerton, Australia, in the Oceania region.
How does Close the Loop Group make money?
Four revenue lines are on record. Sustainable Packaging Sales are the primary driver. The others are circular Solutions and Recycling Services, IT Asset Recovery and Refurbishment and tonerPlas Road Surfacing.
Who are Close the Loop Group's main competitors?
Broad incumbents on record are Stericycle, Veolia Environnement, Amcor and Sims Limited. Direct peers are TerraCycle, Quantum Lifecycle Partners, MBA Polymers and Electronics Recyclers International (ERI). ecoATM / Gazelle is listed as an emerging player. Visy Industries is listed as a regional player.
Does Close the Loop Group have an API?
No public API is recorded for Close the Loop Group.
What industry is Close the Loop Group in?
Close the Loop Group's product category is Circular Economy & Resource Recovery. Its primary akta.pro industry code is EUAIANAA, Product Take-Back & Reverse Logistics Programs, with a secondary code of IMALAMAF, Packaging Recovery & Closed-Loop Programs (Take-Back, Deposit-Return, EPR Support). Its NAICS code is 56292 and its SIC code is 5045.