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Company targeting hard-to-recover plastics gets financial backing

TerraCycle Include USA Suez
Environmental services company Suez Environnement has partnered with TerraCycle to expand the recovery of difficult-to-recycle plastics in six European countries. The France-based waste, recycling and water treatment giant bought 30 percent of the shares of New Jersey-based TerraCycle in Belgium, Finland, France, the Netherlands, Sweden and the U.K. Suez is publicly traded. Founded in 2001, TerraCycle specializes in tackling a diverse array of difficult-to-recycle materials, including plastics that aren't collected in most municipal programs. Examples include plastic filters in cigarettes, pouches, plastic action figures, air freshener cases, Brita water filter products, tape dispensers, candy wrappers, coffee capsules and more. In some cases, product manufacturers subsidize the recycling so it's free to consumers. In others, consumers purchase shipping boxes to help fund the recycling. Under the partnership, TerraCycle will continue to run its existing facilities in the same manner but will leverage Suez's vast network of transportation, facilities and recycling capabilities, said Lauren Taylor, global director of communications for TerraCycle. She added that not all details haven't been worked out yet. "We both hope to approach potential clients and customers to offer an enhanced network of services," she said. TerraCycle works with plastics reclaimers to recycle post-consumer items into pellets for sale to manufacturers. The company is currently active in 20 countries. With operations on five continents, international utilities company Suez collects waste and recycling from about 34 million people and recovers about 16 million metric tons each year. "Through this partnership, Suez is expanding its range of services in Europe with innovative voluntary collection methods and additional recycling channels for all its customers, particularly for products that need complex packaging and therefore require very specific collection and sorting solutions," according to a press release. No dollar amount was connected to the purchase of shares from TerraCycle, a private company. The Telegraph reported a potential sale last year valued a 30 percent stake at around $30 million.
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Suez Acquires 30% Stake in TerraCycle

TerraCycle Include USA Suez
Suez is to acquire 30% of TerraCycle’s recycling business in Northern and Western Europe in order to expand its range of collection programs. The partnership brings together TerraCycle’s collections of ‘difficult’ material streams – such as flexible packaging, coffee capsules and cigarette butts – with Suez’s own experience in more traditional waste recovery. Active in 20 countries, the acquisition will see Suez develop TerraCycle’s recycling programs in the UK, France, Belgium, the Nertherlands, Finland and Sweden. TerraCycle partners with mass market companies, brands and councils to implement these programmes, with an estimated 60 million collectors working through the initiatives. These programmes are either set by ‘sponsored’ volunteers, which are awarded points that are then converted into donations for the organisation of their choice, or paid for by companies. Commenting on the partnership and acquisition, David Palmer-Jones, chief executive of Suez, said the UK remains a ‘key market’ for both companies. He said: “Suez’s investment in TerraCycle allows us to harness the combined skills of both companies to deliver innovative, creative and scalable solutions which tackle problematic and emerging waste streams in the UK and across Europe. Suez’s investment in TerraCycle will benefit UK customers both today and in a post Brexit future. “Using the knowledge of both companies, we can ensure that even the most complex and challenging waste streams are put to good use in a sustainable, long-term and economically viable way – whether its coffee pods, cigarette butts, laminated biscuit wrappers or the next, as yet unknown, generation of tricky-to-recycle products.”
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SUEZ and TerraCycle Partner Up in Recycling

TerraCycle Include USA Suez
SUEZ is partnering with TerraCycle and acquiring 30 percent 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." Through this partnership, SUEZ is expanding its range of services in Europe with innovative voluntary collection methods and additional recycling channels for all its customers, particularly for products that need complex packaging and therefore require very specific collection and sorting solutions. All the waste collected will be reused or recycled into new products thanks to SUEZ's recycling expertise.
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Waste giant buys into TerraCycle in Europe

TerraCycle Include USA Suez
Environmental services company Suez Environnement has partnered with TerraCycle to expand the recovery of difficult-to-recycle materials in six European countries. The France-based waste, recycling and water treatment giant bought 30 percent of the shares of New Jersey-based TerraCycle in Belgium, Finland, France, the Netherlands, Sweden and the U.K. Suez is publicly traded. Under the partnership, TerraCycle will continue to run its existing facilities in the same manner but will leverage Suez's vast network of transportation, facilities and recycling capabilities, said Lauren Taylor, global director of communications for TerraCycle. She added that not all details haven't been worked out yet. "We both hope to approach potential clients and customers to offer an enhanced network of services," she said. Founded in 2001, TerraCycle specializes in tackling a diverse array of difficult-to-recycle materials, including pouches, cigarette butts, protective gear, pouches, auto parts, writing instruments and more. In some cases, product manufacturers subsidize the recycling so it's free to consumers. In others, consumers purchase shipping boxes to help fund the recycling. TerraCycle licenses all product manufacturing to outside companies. The company is currently active in 20 countries. With operations on five continents, international utilities company Suez collects waste and recycling from about 34 million people and recovers about 16 million metric tons each year. "Through this partnership, Suez is expanding its range of services in Europe with innovative voluntary collection methods and additional recycling channels for all its customers, particularly for products that need complex packaging and therefore require very specific collection and sorting solutions," according to a press release. No dollar amount was connected to the purchase of shares from TerraCycle, a private company. The Telegraph reported a potential sale last year valued a 30 percent stake at around $30 million.
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Suez Buys 30% Stake in TerraCycle, Targets Tough-to-Recycle Waste Streams

TerraCycle Staples Include USA Suez
French environmental management giant Suez has bought 30 percent of TerraCycle’s operations in Europe. The acquisition will allow Suez to expand its recycling services for challenging materials in Belgium, Finland, France, the Netherlands, the UK and Sweden. Earlier reports value a 30 percent stake in TerraCycle at about $30 million, the Telegraph reports. TerraCycles develops recycling collection systems for more than 100 hard-to-recycle waste streams. This includes disposable items, flexible packaging, office supplies, beauty products, toothpaste tubes, used coffee capsules and cigarette butts. The New Jersey-based firm partners with companies, brands and municipalities in more than 20 countries to implement recycling programs tailored to these post-consumer products and their packaging. For example, Staples sells TerraCycle’s “zero waste boxes,” which allow offices, factories and households to collect a range of items — candy and snack wrappers, cleaning supplies and accessories, writing utensils, e-waste and mailing, shipping and packaging supplies — and mail it back to TerraCycle to be recycled. TerraCycle says it currently works with about 60 million collectors. Suez, which focuses on waste management and water treatment around the globe, says the partnership will divert waste from landfills by reusing or recycling “even the most complex” waste.
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Suez expands recycling of tough materials in Europe with stake in TerraCycle

TerraCycle Include USA Suez
Dive Brief:
  • French waste management company Suez Environment has purchased a 30% stake in New Jersey-based TerraCycle's European operations, which has been previously valued at approximately $30 million, as reported by the Telegraph.
  • This deal will allow Suez to expand recycling options for challenging materials in Belgium, Finland, France, the Netherlands, the United Kingdom and Sweden.
  • TerraCycle is already active in 20 countries and this will give it the opportunity to further develop a presence in the European market.
Dive Insight: Under the proposed Circular Economy Package, which was adopted by the European Commission last year, the goal is to recycle 75% of packaging waste by 2030. As has been seen in countries such as England, recycling contamination remains an issue and expanding options for diverting these common but challenging materials will be an important step toward reaching this goal. Since it started in 2002, TerraCycle has grown to nearly 60 million collectors through a range of programs that cover about 100 hard-to-recycle materials. The company has taken on pens, coffee pods, cigarette butts, adhesive containers and more by finding ways to convert them into new products. Some of these programs are sponsored by companies or municipalities and TerraCycle's "zero waste" mail-in boxes are also available through Staples. The company has been working in the U.K. since 2009, though the new partnership with Suez will open up new access to recycling technology and opportunities. The French giant employs more than 82,000 employees across five continents and reported nearly $16.9 billion in revenues last year. 
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