SUEZ and TerraCycle join forces in Europe to develop recycling solutions
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.
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.
“We are delighted to embark on this innovative partnership with TerraCycle. Its aim is to recycle more and more waste, even the most complex, by relying on the commitment of everyone — including citizens, municipalities and businesses — wishing to transform waste into new resources for an even more circular and more virtuous economy in Europe,” said Jean-Marc Boursier, SUEZ Deputy CEO for the Recycling and Recovery business in Europe.
TerraCycle 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. The waste is collected through free, national, brand-funded recycling programs, as well as various consumer and government-funded models. The collected waste is re-used, upcycled or recycled into a variety of affordable, sustainable consumer products and industrial applications.
“With SUEZ’s expertise, TerraCycle will offer more customised recycling solutions tailored to various waste streams,” explained Tom Szaky, CEO of TerraCycle.
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