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HomeBiogas: The Circular Economy Meets Clean Cooking June 22, 2021 Sector News
HomeBiogas, an Israel-based biogas system developer and member of the Clean Cooking Alliance’s (CCA) Venture Catalyst portfolio, was recently listed on the Israeli stock exchange in an Initial Public Offering (IPO) valued at $94 million after money.
Oshik Efrati, CEO of HomeBiogas, and Boaz Schweiger, Executive Chairman of HomeBiogas and Operating Partner at Closed Loop Partners, spoke with Colm Fay, CCA’s Senior Director for Market Strengthening, about the origins of HomeBiogas and what the IPO means for the company and its future.
This interview is part of a series of conversations CCA is having with business leaders across the clean cooking sector. Ronan Ferguson, CCA’s Senior Manager for Market Strengthening, contributed to this interview.
(Page 1) Dow, LyondellBasell (Rotterdam, the Netherlands) and NOVA Chemicals Corp. (Calgary, Alberta, Canada) announced the establishment of the Closed Loop
Walmart Launches Bagless Pilots
Walmart has launched a bagless pilot in Vermont, which underlines its commitment to achieving zero waste and moving towards a circular economy where materials that are used stay in use. According to the retailer, 78 percent of its Vermont customers support bagless options and key learnings from the pilot will be used to determine future direction for the company’s bagless efforts.
In addition, Walmart Mexico y Centroamerica is going bagless due to new regulations banning plastic bags. “Instead of offering yet another single-use solution, we made the decision to go fully bagless and encourage our customers to look to reusable bags,” said Jane Ewing, senior vice president, sustainability at Walmart, in a statement.