Chilean bottling companies Cristalias de Chile and Embotelladora Andina announced a joint venture on July 25 to create a company to produce plastic bottles for 60% of the country's soft drink industry. The agreement will combine Cristalias's Crowpla-Reicolite and Andina's Envase Multipack subsidiaries into Envases CMF. The companies will each own 50% of the new company.