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New Coca-Cola Philippines Recycling Center To Open Early In 2022

November 26, 2021: 12:00 AM EST
The Philippines branch of Coca-Cola says its food-grade bottle-to-bottle plastic recycling facility in General Trias, Cavite, will start operations in the first quarter of next year. Known as PETValue, the facility is a joint venture between Coca-Cola Philippines and green technology and packaging provider Indorama Ventures. It is intended to boost the Philippines’ domestic recycling capabilities and improve the circular economy for polyethylene (PET) bottles in the country. PETValue will have an estimated capacity of around 30,000 tons of post-consumer PET plastic bottles, equivalent to almost two billion pieces of plastic bottles. Last month, Coca-Cola collaborated with biomass-to-chemical technology licensor Changchun Meihe Science & Technology to launch a prototype bottle made entirely from plant-based plastic.
"Coca-Cola Philippines to open recycling facility early next year", Packaging Gateway, November 26, 2021, © Verdict Media Limited
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