31 May 2011 11:38 [Source: ICIS news]
Correction: In the ICIS story headlined "Coca-Cola predicts 100% bio-based PET bottle by 2020" dated 31 May 2011, please read in the third paragraph ...saves the production of around 40m virgin PET bottles/year... instead of ...saves about 40m tonnes/year of PET usage.... A corrected story follows.
KRAKOW, Poland (ICIS)--US soft-drinks manufacturer Coca-Cola is predicting a 100% bio-based polyethylene terephthalate (PET) bottle will be possible by 2020.
“In the next decade, scientific breakthrough for 100% [bio-based PET bottles] will bring us nearer and nearer,” Cees Van Dongen, director of sustainable packaging, Coca-Cola, said, addressing the 12th CEE PET and Balkans Markets conference in Krakow, Poland.
Coca-Cola manufactures a recyclable PET bottle made from 30% biological plant-based material, which it estimates saves the production of around 40m virgin PET bottles/year.
Nevertheless, Coca-Cola expects a shift away from sugar cane and cord, which it currently uses, to biological feedstocks such as bio-based monoethylene glycol (MEG) and bio-based terephthalic acid (PTA).
“We’re aiming for 100% [bio-based PET] by 2020, not by sugar cane or cord, but a bio-based bottle,” Van Dongen said.
Bio-based plastics account for 0.1–0.2% of total EU plastics consumption, according to the EU Commission, but demand growth is strong, estimated at up to 20% a year.
On the growth in bio-based bottles, Van Dongen said it is part of Coca-Cola’s position to “show leadership in this arena”.
It is thought bio-based bottles will offset the impact packaging has on carbon-dioxide emissions.
“Packaging is the most significant contributor of carbon dioxide in any product,” Van Dongen said.
For more on PET and other chemicals, visit ICIS chemical intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|