BRAZIL: The Coca-Cola Co targets PlantBottle goal with new facility
The Coca-Cola Co is to help build a facility in Brazil
The Coca-Cola Co has announced a joint construction project to build the world's largest facility to produce a key ingredient in its eco-friendly PlantBottle packaging.
Construction on the facility, near Sao Paulo, Brazil, will start this year and take 24 months, the company said yesterday (27 September). The partnership with JBF Industries will bring it closer to a target of using plant-based material in all its packaging by 2020, Coca-Cola said.
Financial details behind the venture were not disclosed.
The PlantBottle accounts for around 5% of total volumes, with about 10bn bottles being sold annually across 21 markets since it was introduced in 2009. The bottle uses less carbon in its production.
The Sao Paulo facility will make bio-glycol, sourced from sugarcane and sugarcane processing waste, Coca-Cola said.
In December, Coca-Cola announced it had broken ground on a US$146m bottling plant in Brazil.
- Whatever happened to binge Britain? - comment
- The dangers of squaring up to your competitor
- The US beer market - A level playing field for all
- Remy Cointreau's Q2 and H1 - preview
- How to turn a domestic spirit into a global brand
- Sidney Frank CEO to head Clooney's import co
- Diageo sells off United Spirits' Bouvet Ladubay
- Captain Morgan distillation trial queried by USVI
- Irish whiskey brands could fail without bulk
- Sazerac sues Brown-Forman over Tennessee Fire
- Global Beer Trends 2015 : Global Beer Trends and Long-term Forecasts
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research
- Future growth opportunities for global spirits
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global Wine Market to 2019 - Market Size, Development, and Forecasts