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More Companies Settle in Ohio’s Closed Loop CRT Lawsuit

More Companies Settle in Ohio’s Closed Loop CRT Lawsuit

After CRT outlet Closed Loop failed in 2016, three additional companies have agreed to settle in the recycling suit.

Three additional companies have agreed to settle in Ohio’s Closed Loop Refining and Recovery’s cathode ray tube (CRT) recycling case.

Resource Recycling reports that on September 30, Sunnking, Environmental Coordination Services and Recycling and Quicksilver Recycling announced that they have reached settlements with Closed Loop’s former Ohio landlords.

In addition, according to the report, there are agreements with Garrison Southfield Park and Olymbec USA, which own warehouses in Columbus, Ohio, that were occupied by CRT outlet Closed Loop before it failed in 2016. Those properties hold roughly 159 million pounds of CRT materials and claim that it’ll cost more than $18 million to clean up their properties.

Resource Recycling has more:

The field of companies fighting Closed Loop Refining and Recovery’s former Ohio landlords continues to decrease, after three more defendants agreed to settle.

On Sept. 30, Sunnking, Environmental Coordination Services and Recycling, and Quicksilver Recycling Services announced they reached settlements with the landlords. The deals obligate them to pay a combined $167,000.

The agreements are with Garrison Southfield Park and Olymbec USA, which own warehouses in Columbus, Ohio that were occupied by CRT outlet Closed Loop before it failed in 2016.

Read the full article here.

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