Creating the Reuse Market with TerraCycle’s Tom Szaky
June 25, 2010
In the second half of the show, Tom Szaky, founder of TerraCycle, joins John and Mike to talk about how his company is solving the problem of non-recyclable waste. In America alone, TerraCycle has 10.1 million people collecting waste — about 3 million pounds a day! — to convert into consumer products.
TerraCycle converts everything from organic waste to plastic juice pouches into like-new products, in turn creating a whole reuse market that previously did not exist.
“About 80% of the products we buy are not recyclable, and those are the ones we focus on creating solutions for,” Szaky says. He notes that TerraCycle has about 70,000 collection points — growing by about 500 a day — in countries around the world.