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Coca-Cola extends loan deal to accelerate use of rPET

by ChemOrbis Editorial Team -
  • 14/12/2018 (09:38)
According to a press release, the Coca-Cola Company has extended the loan agreement with the Dutch recycling company Ioniqa Technologies to accelerate the development and deployment of high-grade rPET for use in bottles used by the company.

The company stated in the press release that the agreement’s goal is to accelerate the scale-up of Ioniqa’s recycling technology for PET and they intend to create packaging made of at least 50% recycled material by 2030.

The beverage giant also added that a new 10,000 tons/year recycling plant is currently under construction in Geleen, the Netherlands. The plant is expected to be commissioned in the first half of 2019 and the end-product will be delivered to the market in the same year.
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