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Cute, Cozy Crochet Yarn Caddy

recycle a cd canister lid into a cute croche cozy
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I had one of those "I could make that!" moments at the craft store this weekend. The culprit was a yarn cozy, big enough to hold one ball or small skein of yarn. My daughter and I were looking over the apparatus, which cost approximately $13. It had a clear plastic bottom with a drawstring top. The plastic bit reminded me strongly of a pile of recyclables I've been saving for just such a purpose! If you've ever bought a value-sized package of writable cds or dvds, you know just what I'm talking about. I've used the lid from one for ages to keep my balls of yarn from dancing around and enticing my cats. Take it a step further, and it's a cozy caddy and cute, too!

EDIT: I've added a photo of a similar container made with a 2 liter soda. If you use the soda bottle, just trim it down, and follow the same steps, using a hole punch instead of a drill. it's not quite a sturdy, but it's definitely easier!

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Snip off the tabs off the sides of the lid that would hold it in the base.
Measure out masking tape around the container. Tear off enough to have a small overlap.

Add 1/2" marks along the tape.
Stick on the lid approximately 1/2" from the top, being careful to keep it even.

Drill holes along the 1/2" marks on the tape. Just a quick warning here: I broke a hole punch in my enthusiasm to make this project. Use a drill if you have one, putting a piece of scrap wood behind the plastic to catch the drill bit when it pops through. And please be careful, power tools are, after all, power tools!
Row 1: Using a hook that will fit through the hole (I used an F, but you can go larger or smaller depending on the holes), Sl st in any hole. sc loosely around. Sl st to join in beg sc.
row 1 detail
Row 2: Using the larger hook (I changed from F to G), Ch 1., sc in first st. *2 sc in next st, sc in next* around. Sl st in first sc to join.
Note: adapt this row in whatever way you need to in order to have even stitching around the perimeter of the circle.
Row 3 - 7: Ch 1, hdc in same st, hdc around. Sl st in top of first hdc to join.
Row 8-9: Ch 1, dc in same st and in each st around. Sl st in top of first dc to join
Row 10: Ch 1, sc around, sl st in first sc to join.
Row 11: Ch 2, sl st in next sc, *ch 2, sl st in next sc* around. Finish off.
Drawstring:
Ch 75. Pull ends tight, trim to approximately 1" or weave in ends. For some fun varation, use a ribbon or other trim as a drawstring.
Weave drawstring over and under through every two stitches of Row 8 (first row of dc).