Coca-Cola Joins with Four Multinationals in Push for Biobased PET

摘要

Coca-Cola, Ford Motor Company, H.J. Heinz, Nike and Procter & Gamble have formed a consortium to promote research for developing polyethylene terephthalate (PET) that is 100% derived from renewable raw materials, a move that executives say will extend demand for biobased PET into the synthetic fibers market. Coca-Cola’s PlantBottle packaging program sets the goal for all of the company's PET containers to be derived from about 30% renewables by 2020. Today, eight to ten percent of its PET containers use 30% biobased materials.