SYS-CON MEDIA Authors: Carmen Gonzalez, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

News Feed Item

Progressive Waste Solutions Acquires Interest in TerraCycle(R) Canada

Canada's largest waste management company to expand innovative recycling solutions

TORONTO, ONTARIO -- (Marketwired) -- 01/29/14 --

Editors Note: A photo for this release is available on the Canadian Press picture wire via Marketwired.

Progressive Waste Solutions Ltd. (NYSE:BIN)(TSX:BIN), the largest waste management company in Canada, announced today that it acquired a 19.9% interest in TerraCycle Canada. TerraCycle Canada collects and recycles pre-and post-consumer waste streams ranging from cigarette butts to coffee capsules to drink pouches - that are otherwise sent to landfill or incinerated. The companies are beginning to cooperate on a range of recycling initiatives throughout Canada to bring more recycling options to Progressive Waste Solutions' commercial, governmental and residential customers. TerraCycle Canada is proud to officially announce a corporate rebranding as a 'Progressive Waste Solutions Partner'.

Joseph Quarin, President and CEO of Progressive Waste Solutions, commented, "TerraCycle demonstrates the ability to engage manufacturers, retailers and most importantly, millions of consumers in recycling otherwise non-recyclable waste streams. We expect that this partnership will enhance the range of recycling options Progressive Waste Solutions can offer its customers. Our investment in TerraCycle reflects the progressive approach we take towards our commitment to creating a more sustainable future."

Tom Szaky, Founder and CEO of TerraCycle, Inc. added, "I am excited TerraCycle is partnering with Progressive Waste Solutions in Canada. Their industry leadership maintains an impressive vision for a future in which materials that are now landfilled or incinerated can be recycled. TerraCycle shares this vision and is excited and ready to accept Progressive Waste Solutions' challenge to scale our operations and impact using their vast infrastructure."

This partnership will include Progressive Waste Solutions offering TerraCycle's premium recycling services in many of their contract bids - thereby providing Progressive Waste Solutions customers with advanced options that are available from no other waste management company for recycling otherwise non-recyclable waste streams.

TerraCycle Canada already operates a significant network of individuals and organizations across Canada. Through the corporate sponsorship of leading companies such as Maple Leaf Foods®, Mr. Christie's®, Nespressoa and Garnier®, TerraCycle runs free recycling fundraisers at over 20,000 schools and community groups across Canada. In addition, TerraCycle partners with retailers such as London Drugs and Staples Canada to collect waste at their store locations and with the City of Vancouver to collect cigarette butts in recycling receptacles installed across the city.

Globally, TerraCycle has repurposed more than 2.6 billion pieces of food and beverage, office and school supply, personal care and beauty packaging and other hard to recycle waste streams such as cigarette butts. These collections helped raise more than $8 million dollars (US) to charity through its various packaging reclamation programs. TerraCycle is currently creating solutions for other difficult to recycle, but widely discarded, waste streams such as disposable diapers and used chewing gum.

About TerraCycle

TerraCycle, Inc. is an international upcycling company that takes difficult-to-recycle packaging and turns it into affordable, innovative products. Founded in 2001, TerraCycle is the world leader in the collection and reuse of non-recyclable post-consumer waste. It repurposes the waste into sustainable, affordable building materials and consumer products that are available for purchase online. In 23 countries, the waste is collected through TerraCycle's Brigade® programs, which donate money to schools and non-profits for every piece of waste participants collect and return. To learn more, visit www.terracycle.ca.

About Progressive Waste Solutions Ltd.

As one of North America's largest full-service waste management companies, we provide non-hazardous solid waste collection, recycling and disposal services to commercial, industrial, municipal and residential customers in 13 U.S. states and the District of Columbia and six Canadian provinces. We serve our customers with vertically integrated collection and disposal assets. Progressive Waste Solutions Ltd.'s shares are listed on the New York and Toronto Stock Exchanges.

Commitment to Sustainability

Progressive Waste Solutions is committed to creating a more sustainable future. Our environmental practices and technologies provide benefits including: diversion of waste from our landfills through our recycling facilities; organized, timely, safe waste removal from residential and business communities; energy capture of greenhouse gases for productive use; and recycling and composting to conserve precious resources. Beyond meeting and exceeding regulatory expectations, we work constantly to identify best management practices that promote environmental sustainability. To find out more about Progressive Waste Solutions, visit our website at www.progressivewaste.com.

To view the photo associated with this press release, please visit the following link: http://media3.marketwire.com/docs/MW_TerraCycle800.jpg.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...