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March 9, 2011 05:32 am GMT
Coca-Cola (nyse: KO) announced plans today to invest $24 million, along with ECO Plastics Ltd. (which will contribute about $5 million of that) to build a new, plastic bottle recycling facility in Lincolnshire, England. In recent weeks, the company also struck a landmark deal to sell its 30 percent plant-based plastic to Heinz, which will begin to use it in ketchup and condiments packaging in June.Another major beverage player, SodaStream (nasdaq: SODA) announced today that it will soon ship its flavored syrups in bottles that can decompose in a landfill in five years. Regular plastic bottles take 450 years to decompose, according to general waste industry estimates...
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0a8IZwu4zgk/
Beverage Companies Go Sustainable With Biodegradable Plastics, Ramped Up Recycling
Coca-Cola (nyse: KO) announced plans today to invest $24 million, along with ECO Plastics Ltd. (which will contribute about $5 million of that) to build a new, plastic bottle recycling facility in Lincolnshire, England. In recent weeks, the company also struck a landmark deal to sell its 30 percent plant-based plastic to Heinz, which will begin to use it in ketchup and condiments packaging in June.Another major beverage player, SodaStream (nasdaq: SODA) announced today that it will soon ship its flavored syrups in bottles that can decompose in a landfill in five years. Regular plastic bottles take 450 years to decompose, according to general waste industry estimates...Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0a8IZwu4zgk/
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