What is it called when instead of getting rid of a product you find another use for the product?

Recycling.

Explanation:

When instead of getting rid of a product you find another use for the product, it is called recycling.

Recycling can be defined as a process which typically involves gathering, processing and transformation of materials or products that would otherwise be gotten rid of as waste materials or trash into new products that could be used for another purpose.

Basically, the recycling process involves turning a trash or unwanted product into a treasure (new product) that is capable of serving another purpose.

For example, the crown cork of a bottle could be gathered and processed into art forms that can be used for decorations.