Coca-Cola European Partners (CCEP) aims to increase the use of recycled materials in the creation of its bottles through a new 100% recycled PET (rPET) deal with Loop Industries.
CCEP expects to be using Loop rPET in its product packaging by early 2020.
Loop Industries said that as the demand for sustainable packaging solutions continues to grow, it has emerged with “transformational technology” that allows no- and low-value plastics to be diverted, recovered and recycled endlessly into new plastic.
The technology allows for the creation of plastic bottles and packaging of any colour, transparency or condition to be converted into food grade packaging which meets FDA requirements.
The PET for CCEP will be sourced from Loop’s joint venture facility in the US with Indorama Ventures.
Ron Lewis, CCEP chief supply chain officer, said: “This is an important investment as it directly supports our sustainability action plan, This is Forward. As part of This is Forward, we’ve committed to ensuring that at least 50% of the material we use for our PET bottles comes from recycled plastic by 2025. This is part of a holistic strategy focused on creating a more circular packaging economy.”
Loop Industries founder and CEO Daniel Solomita added: “We are very proud to become a supplier of Loop branded PET resin to the members of the Coca-Cola system’s Cross Enterprise Procurement Group.
“We are especially pleased to be able to assist Coca-Cola’s authorised bottlers as they work to meet their recycled content ambitions.”
So far this year, Loop Industries has also signed agreements with PepsiCo and Danone-owned Evian.
© FoodBev Media Ltd 2021
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.