US confectionery giant Mars has partnered with ‘upcycle’ firm TerraCycle to repurpose the company’s waste packaging into products.
TerraCycle will produce “affordable, high-quality” consumer goods by repurposing surplus and used packaging from more than 20 Mars brands, including Twix, Starburst, Uncle Ben’s and Seeds of Change.
The firm will produce products ranging from cell phone holders and laptop sleeves to messenger bags, in a bid to significantly reducing the amount of waste sent to landfills.
Mars will also sponsor TerraCycle ‘Brigade programmes,’ in which organisations can raise money by collecting used packaging from participating brands and sending it to TerraCycle.
Mars said it has committed to reducing its waste by 3% a year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“We at Mars take very seriously our responsibility to uphold our efficiency principle and cut waste,” said Richard Ware, vice president of supply chain, R&D and sustainability at Mars. “This partnership with TerraCycle demonstrates Mars ongoing commitment to making a difference by reducing the impact of our manufacturing plants on the planet each year.”
TerraCycle distributes its products across the US and plans to expand into Mexico, Brazil, Canada and the UK over the coming year. Its products are available in retailers such as Wal-Mart, Target and Petco.