11 October 2012 - International recycling firm Terracycle is growing in popularity to become a ‘significant player’ in the waste market.
Launched in the US in 2003, the company specialises in recycling materials that people find no value in and for which there is little or no local authority collection infrastructure. In addition to opening operations in a host of other countries, they established their UK arm in 2009.
For the consumer market, Terracycle’s provides freepost envelopes so that people can post waste material sundries such as baby wipes packaging, biscuit wrappers and pens. These items are then sent to UK-based recycling firms to be reprocessed for re-use, including manufacturing park benches and paving.
In terms of the business sector, they already run collection schemes for major companies such as Bic, McVitie’s, Kenco, Danone and Aquafresh. They also collect their waste electrical’s such as mobile phones and laptops.
Terracycle founder and Chief Executive, Tom Szaky, commented: “In the UK we collect about one million pieces of waste per month, with around half a million people collecting, the UK is one of our fastest growing areas. The main difference we have from other companies in the sector is that not only do we know how to process the material, but we offer a nationwide collection service.”