TERRACYCLE NEWS

ELIMINATING THE IDEA OF WASTE®

(Re-)Introducing Our Latest Business Model

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Almost six months ago I wrote about a new program that I expected to sharply expand our recycling efforts and possibly even shift our entire business model. The program, I thought then, was about two weeks from its introduction. Turns out, we didn’t quite get there. What happened was a series of huge information technology delays — so many that the program has only just now gone into beta testing with an anticipated go-live date of mid-April. The goal is to be up and running in time for Earth Day (April 22), which is effectively Christmas for companies like TerraCycle. If it does come together, it will not be the first major evolution of our business model. We got started selling worm-waste plant fertilizer in reused bottles. Today, we still sell our plant food but we also have more than 30 million people around the world collecting previously non-recyclable waste streams that we turn into more than 1,500 products.