SUEZ and TerraCycle Join Forces in Europe to Develop Innovative Recycling Solutions
TerraCycle Include USA Suez
SUEZ is partnering with TerraCycle and acquiring 30% of its activities in Europe to develop innovative collection and recycling programs in Belgium, Finland, France, the Netherlands, the UK and Sweden. This partnership brings together TerraCycle's collection programs, which focus on community engagement, and SUEZ's expertise in waste recycling and recovery. It will offer individuals, businesses and municipalities new solutions for recycling waste that was previously not recyclable in order to transform it into new secondary resources.
TerraCycle is an internationally recognized company that develops selective collection systems for the recycling of more than 100 specific hard-to-recycle waste streams (disposable items, flexible packaging, office supplies, beauty products, oral care, used coffee capsules and cigarette butts) currently not handled by traditional recycling channels. Active in 20 countries, TerraCycle partners with mass market companies, brands and municipalities to implement recycling programs tailored to these post-consumer products and their packaging.
Nearly 60 million collectors are already working with TerraCycle, either through:
- collection programs set by voluntary citizens, "sponsored" by companies or municipalities (collectors register on TerraCycle's website and are awarded points that are converted into donations for the organizations of their choice),
- or recycling services paid by companies such as "Zero Waste Boxes."