SEATTLE (Scrap Monster): Coca-Cola Philippines announced that its first-of-its-kind PET recycling facility in General Trias, Cavite has become fully operational. The world-class recycling facility, known as PETValue Philippines, houses advanced recycling technologies capable of processing up to 2 billion clear PET plastic bottles.
The facility will accept PET bottles of all brands from its partners and collection bins installed at various locations. The recycled PET resin from the facility will be used for making new bottles for packaging various Coca-Cola brands, thereby ensuring a circularity in operations. The facility, by giving new life to old PET bottles, aims to play a key role in the development of sustainable future of the Philippines.
The recycling facility was built by Coca-Cola Philippines in partnership with Thailand-based Indorama Ventures, which owns and operates a series of advanced recycling plants across Europe, the Americas and Asia.
As of now, Coca-Cola Philippines has around 800 authorized PET bottle collection points. It has been collaborating with various MSMEs towards expanding the network of collection points so as to promote the collection of PET bottles for recycling. The company aims to raise the number of collection points to 2,200.
By the way, Coca-Cola Philippines intends to transition several key brands including Coca-Cola Original Taste and Wilkins Pure to 100% recycled PET plastic packaging before the end of next year.
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