Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, announces a partnership with innovative waste management company TerraCycle to launch a free recycling program that enables consumers to recycle Ocean Spray® flexible plastic Craisins® dried cranberries and snack packaging for an alternative use. Through the partnership, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product.
Starting today, participants can send their Ocean Spray® Craisins® dried cranberry products that are in flexible plastic packaging to TerraCycle, where the packaging is cleaned and melted into hard plastic that can be remolded to make new recycled products, such as park benches and picnic tables. As an added incentive, for each shipment of Ocean Spray® Craisins® dried cranberries packaging sent to TerraCycle through the Ocean Spray Recycling Program, participants earn points that can be donated to a non-profit, school or charitable organization of their choice.
In addition, Ocean Spray is working with TerraCycle’s new Loop platform to develop a program where together they will design and launch products in reusable packaging to create a truly circular economy. Consumers will be able to order Ocean Spray products from Loop’s e-commerce platform, and once done with the product, will be able to simply return the packaging to Loop to clean, sanitize and refill with the original products to reuse.
TerraCycle’s reuse platform Loop is now available online in every ZIP code in the 48 contiguous states, a major milestone after the program first launched in 2019.
Kroger and Loblaw are partners of the platform, among other retailers, and a TerraCylce representative
recently told Store Brands that it would be developing a reusable container for select private brands to buy at those physical stores in 2021.
The Loop program began in the Northeastern United States and Paris, France, and entered the United Kingdom in July, working with more than 80 brands and 400 products globally. More than 100,000 people have signed up for the service.
Loop enables shoppers to buy brands in a durable, reusable package. It’s a circular system, designed to end single-use packaging. For example, a shopper can buy a silver tin for Haagen-Dazs ice cream that was developed with Loop from a retailer like Kroger or Walgreens, which gets shipped by Loop (or picked up at the store) and then shopper returns the container when done through Loop’s shipping system to get it refilled. The company likens it to the days of the milkman.
Ag co-op
Ocean Spray Cranberries Inc. recently launched a free recycling program that enables consumers to recycle Ocean Spray flexible plastic Craisins dried cranberries and snack packaging for alternative use.
Through the partnership with innovative waste management company
TerraCycle, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product, according to a news release from the company.
Starting today, participants can send their Ocean Spray Craisins dried cranberry products that are in flexible plastic packaging to TerraCycle, where the packaging is cleaned and melted into hard plastic that can be remolded to make new recycled products, such as park benches and picnic tables, according to the release. As an added incentive, for each shipment of Ocean Spray Craisins dried cranberries packaging sent to TerraCycle through the Ocean Spray Recycling Program, participants earn points that can be donated to a non-profit, school or charitable organization of their choice.
Today,
Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, announces a partnership with innovative waste management company
TerraCycle to launch a free recycling program that enables consumers to recycle Ocean Spray® flexible plastic Craisins® dried cranberries and snack packaging for an alternative use. Through the partnership, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product.
Today,
Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, announces a partnership with innovative waste management company
TerraCycle to launch a free recycling program that enables consumers to recycle Ocean Spray® flexible plastic Craisins® dried cranberries and snack packaging for an alternative use. Through the partnership, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product.
Today,
Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, announces a partnership with innovative waste management company
TerraCycle to launch a free recycling program that enables consumers to recycle Ocean Spray® flexible plastic Craisins® dried cranberries and snack packaging for an alternative use. Through the partnership, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product.
Today,
Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, announces a partnership with innovative waste management company
TerraCycle to launch a free recycling program that enables consumers to recycle Ocean Spray® flexible plastic Craisins® dried cranberries and snack packaging for an alternative use. Through the partnership, Ocean Spray is advancing its sustainable packaging strategy by helping to divert waste from landfills and extending the life of materials to reduce the overall environmental footprint of a product.
Starting today, participants can send their Ocean Spray® Craisins® dried cranberry products that are in flexible plastic packaging to TerraCycle, where the packaging is cleaned and melted into hard plastic that can be remolded to make new recycled products, such as park benches and picnic tables. As an added incentive, for each shipment of Ocean Spray® Craisins® dried cranberries packaging sent to TerraCycle through the Ocean Spray Recycling Program, participants earn points that can be donated to a non-profit, school or charitable organization of their choice.
TerraCycle stock is the first equity crowdfunding idea I’ve seen on
InvestorPlace that I might invest in.
The company probably doesn’t need crowdfunding at all. While you can still buy shares at
$100 each through StartEngine, TerraCycle stock has already issued
its first dividend, $2.09 per share.
The recycling disruptor earned
$3.2 million in 2019 on $27.1 million in revenue, up 35% from the previous year. It’s currently seeking $14.8 million on
a $50 million valuation.
TerraCycle isn’t flying under the radar. It was called the “Coolest Start-up in America”
back in 2006. At the time its main business was converting food waste into fertilizer using worms. Now it’s focused on hard-to-recycle plastic, building networks that collect packaging, process it and sell it back as new packaging.
TerraCycle stock is the first equity crowdfunding idea I’ve seen on
InvestorPlace that I might invest in.
The company probably doesn’t need crowdfunding at all. While you can still buy shares at
$100 each through StartEngine, TerraCycle stock has already issued
its first dividend, $2.09 per share.
The recycling disruptor earned
$3.2 million in 2019 on $27.1 million in revenue, up 35% from the previous year. It’s currently seeking $14.8 million on
a $50 million valuation.
TerraCycle isn’t flying under the radar. It was called the “Coolest Start-up in America”
back in 2006. At the time its main business was converting food waste into fertilizer using worms. Now it’s focused on hard-to-recycle plastic, building networks that collect packaging, process it and sell it back as new packaging.
Loop is taking its effort to curb single-use
packaging national with expansion to 48 states.
After a successful pilot run, the revamped “milkman” delivery and
e-commerce platform — which helps to repackage beauty and consumer goods into reusable and refillable
packaging — is looking to facilitate greater circularity.
New Jersey-based company TerraCycle first tested its Loop venture in New York City, and later diffused the premise of circularity to consumers in the mid-Atlantic and abroad to Paris and, most recently, the U.K.
And both brands and consumers are biting.
“Consumers across the country have urged us to bring Loop to them so we’ve scaled as quickly as possible to make that happen,” Tom Szaky, founder and chief executive officer of Loop and TerraCycle, said in a statement.