TERRACYCLE NEWS

ELIMINATING THE IDEA OF WASTE®

Posts with term Loop X

Solving America’s Garbage Crisis: A Chat With TerraCycle CEO Tom Szaky

When Tom Szaky decided to become an entrepreneur at the age of 19, he picked something that most people in that “dot-com” era would probably have called a very unattractive business: waste management. For the past 16 years, Szaky’s company, Trenton, N.J.-based TerraCycle, has specialized in recycling hard-to-recycle materials, such as cigarette butts and dirty diapers, and has remained a little-known name to the wider public outside of the recycling industry.

Loop Store

We also chose markets where we already have strong partnerships with brands and retailers. For example, TerraCycle has been operating in France for almost 10 years, and we had worked with Carrefour. Two years ago, Carrefour was the first retailer to believe in Loop’s model and to support the launch in Paris this year. It was fundamental for us to launch with Carrefour’s support – which is one of the leading retailers in France.

Smart Cities New York Explores The Circular Economy

The individuals that led this conversation included Lindsay Clinton, the Senior VP of Industry Initiatives at the NYCEDC, and Michael Waas, Global VP of Brand Partnerships for TerraCycle. According to both Clinton and Waas, in order for the circular economy to work, there must be a mind shift and behavioral change, and TerraCycle does this by having elementary schools partake in its programs because the passion that young people have is very impactful.