PET, also known as polyethylene terephthalate, is a durable, lightweight plastic that’s used by all member companies in a variety of products and materials, including plastic bottles, apparel, footwear and automotive fabric and carpet.
The collaborative builds on the success of The Coca-Cola Company’s PlantBottle packaging technology, which is partially made from plants.
Currently, Heinz licenses the technology from Coca-Cola for select Heinz ketchup bottles in the US and Canada.
According to an official press release, PTC members ‘are committed to researching and developing commercial solutions for PET plastic made entirely from plants and will aim to drive the development of common methodologies and standards for the use of plant-based plastic including life cycle analyses and universal terminology’.
Source: The Coca-Cola Company
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