English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Carpet leasing lays groundwork for reverse logistics

EINDHOVEN, Netherlands: In a move that will provide more opportunities for reverse logistics companies worldwide, the leasing arm of Rabobank, De Lage Landen (DLL), has partnered with Dutch carpet manufacturer Desso to provide its customers with a lease option as the company transitions to a circular business model.

Desso says it has been designing its products to be recycled, remanufactured and resold since 2008. Commenting on the new service, Desso CEO Alexander Collot d'Escury, said: "Now with help from DLL we are starting to take the next step in offering leasing, which will offer a full service to our customers including installation, cleaning, maintenance and eventually removal, which will also make it easier for us to take our goods back after its use and close the loop."

Milko Wijckmans, president of DLL Financial Solutions added: "In the long run, we hope to see service models like this grow and shift the world economy to a much more innovative and sustainable position, enabling economic growth to take place within the means of the planet."

Vos Logistics DessoIn a related move, Interface, the carpet tile manufacturer that arguably began the move towards a circular economy, has announced a series of major sustainability milestones at its European manufacturing facility – also in the Netherlands.

As of January 2014 the company says it has been operating with 100 percent renewable energy (both electricity and gas), using virtually zero water in its manufacturing processes and has attained zero waste to landfill.

Rob Boogaard, CEO of Interface in Europe commented: "In the past three years we have taken huge strides towards our Mission Zero goal. To put it in context, as per January 2014, we are operating our European factories with a 90 percent reduction in greenhouse gas emissions compared to 1996 while the EU Commission has set an EU carbon reduction target of 40 percent by 2030. 2014 is a landmark year for us in many ways as we celebrate 20 years of Mission Zero, and these figures from our European manufacturing operations show just how far we've come and what can be achieved with the right mind set and ambition."

Boogard added: "Our goal is to cut the umbilical cord to oil, with the result that 44 percent of our raw materials in Europe are already recycled or bio-based."

Developments by the two Netherlands carpet manufacturers coincides with the move by Rabobank to join the Ellen MacArthur Foundation's Project Mainstream - a collaboration to help businesses shift towards a circular economy and save US$500 million in raw materials and prevent 100 million tonnes of waste globally.

As the first company from the finance sector to join the group, MacArthur says Rabobank and DLL will be able to contribute valuable "remake and reuse" expertise to manufacturers worried about rising commodity prices and continued access to raw materials.

 

 

 

News

Written on 11/08/2017, 15:35
european-commission-supports-hna-purchase-of-frankfurt-hahn-airportFRANKFURT HAHN: August 10, 2017. The HNA Group has completed its acquisition of Frankfurt-Hahn airport from the German state of Rhineland-Palatinate. The...
Written on 10/08/2017, 21:40
veteran-wins-fedex-grant-to-upcycle-military-surplusMEMPHIS: August 10, 2017. FedEx has awarded the Grand Prize in its 2017 small business grant competition to Sword & Plough founders Emily Núñez...
Written on 10/08/2017, 15:39
fortune-50-companies-back-no-fee-recruitment-in-supply-chainsNEW YORK, NY: AUGUST 07, 2017. Ford, General Motors, Hormel Foods, Marriott Hotels and Michael Kors have agreed to promote ethical labor policies in their...
Written on 08/08/2017, 02:14
matson-to-add-marshall-islands-serviceHONOLULU: AUGUST 07, 2017. Matson is adding to its Marshall Islands (RMI) service in the first quarter of 2018 with a new biweekly sailing from...
Written on 04/08/2017, 20:56
xpo-on-the-m-a-road-againGREENWICH, CT: August 04, 2017. XPO Logistics has reported a net income of US$73.2 million on revenue of US$7.3 billion for the first six months of...
Written on 03/08/2017, 17:48
ups-provides-logistics-key-to-circular-business-solutionATLANTA: August 02, 2017. UPS is helping New Jersey-based Terracycle turn hard-to-recycle items into trashcans and park benches while diverting 40 million...
Written on 03/08/2017, 13:50
hyperloop-one-lifts-offNEW YORK: August 02, 2017. Following a successful first test last month, the vacuum transport system built by Hyperloop One has now reached a speed of 192...
Written on 02/08/2017, 16:28
no-american-investment-from-qatar-airwaysDOHA: August 02, 2017. Qatar Airways is not proceeding with its initial 7.5 percent "passive" stake in American Airlines (AA) for an estimated US$808...
Written on 28/07/2017, 20:54
turkey-logistics-investment-continuesISTANBUL: July 27, 2017. Private equity manager Abraaj Group has acquired an unspecified "significant minority" stake in Netlog Lojistik Hizmetleri, one...
Written on 27/07/2017, 17:55
supply-chain-staff-crisis-warns-dhlBONN: July 26, 2017. A report sponsored by DHL Supply Chain into a shortage of industry talent says as much as a third of the current workforce is at or...
Written on 25/07/2017, 20:14
dp-world-australia-wins-cosco-endorsementSYDNEY: July 25, 2017. DP World Australia has set up a logistics stevedoring subsidiary DP World Logistics Australia and full-service container park...
Written on 25/07/2017, 19:40
bollore-signs-new-cameroon-concessionKRIBI, Cameroon: July 25, 2017. CMA CGM and Bolloré Transport & Logistics have signed a 25-year concession to manage a new container terminal at the...
Written on 21/07/2017, 19:35
new-india-tax-will-mean-savings-say-expertsDELHI: July 21, 2017. The implementation of a new Goods and Services tax (GST) in India, as a replacement for a myriad of local and state levies, has...
Written on 20/07/2017, 22:27
america-s-largest-trade-gateway-aims-for-near-zero-emissionsSAN PEDRO BAY, CA: July 19, 2017. The ports of Los Angeles and Long Beach, America's two largest ports, have published a plan to reduce trucks and...
Written on 19/07/2017, 17:41
post-brexit-britain-to-rely-on-emerging-marketsBAAR, Switzerland: July 19, 2017. As Britain's Conservative government acknowledges the one-time cost of leaving the EU could be £66 billion, Agility...
Written on 18/07/2017, 18:26
politics-not-economics-key-to-inequality-says-researchBOSTON: July 17, 2017. Research by Oxfam suggests the poorest half of the world's population has received one percent of the total increase in global...
Written on 14/07/2017, 19:08
first-circular-economy-msc-launchedCRANFIELD, UK: July 14, 2017. Cranfield University is launching the world's first MSc course on the circular economy in October. The part-time...
Written on 14/07/2017, 16:23
delta-q2-cargo-revenue-upATLANTA: July 14, 2017. Delta Air Lines has reported a second quarter (Q2) 2017 net profit of US$1.22 billion on revenue of US$10.79 billion, compared...
Written on 13/07/2017, 19:28
100-companies-can-save-the-planetLONDON: July 10, 2017: New research from the Carbon Disclosure Project (CDP) reveals that 71 percent of all greenhouse gas emissions (GHGs) since 1998,...
Written on 12/07/2017, 18:29
turkey-continues-airlift-to-qatarISTANBUL: July 12, 2017. A report from Reuters says Turkey has sent 197 freighter aircraft, 16 trucks and one ship to Qatar since the political crisis...

- powered by Quickchilli.com -