TERRACYCLE NEWS

ELIMINATING THE IDEA OF WASTE®

More of COVID-19’s Twists and Turns—Focusing on Recycling and Sustainability

TerraCycle tom szaky Include USA Loop
In this month’s edition of Business Report, we return to highlight the sometimes unexpected twists and turns resulting from the coronavirus pandemic, this time focusing on recycling and sustainability impacts. TerraCycle’s Szaky noted that though refillable container use at grocery stores has certainly suffered as a result of the pandemic, its Loop initiative, whereby consumers ship back reusable containers to consumer product companies and retailers through the LOOP system, has continued to gain traction, with 15 major retailers, 400 brands and 100,000 consumers participating, though it needs more scale to become  profitable, which it anticipates will take two to three years. And, packaging firm Ball Corp. continues to work on its aluminum drinking cup efforts, touting aluminum cups as infinitely recyclable.