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Coca-Cola is believed to have plans to radically increase the amount of recycled plastic in its bottles following pressures from environmentalists.

The Guardian has reported that the drinks brand will increase its target for recycled plastic in its bottles and its support for recycling.

Coca-Cola’s UK and Europe arm currently has a target to increase the amount of recycled plastic or RPET in its bottles to 40 per cent by 2020.

It has already performed a u-turn over bottle deposit schemes following pressure from Greenpeace, The Guardian said.

It is believed that one million plastic bottles are bought by consumers every minute – roughly 20,000 a second – and this number is expected to jump another 20 per cent by 2021.

The top six drinks companies in the world use a combined average of just 6.6% of recycled plastic (PET) in their products, according to Greenpeace.

Plastic drinking bottles could all be made out of 100 per cent recycled plastic, or RPET, but some drinks companies have rejected it in the past due to cosmetic reasons, according to The Guardian.

Food & Drink Business

Tasmanian premium food manufacturer Pure Foods Tasmania (ASX: PFT) says a year of restructuring and cost discipline is beginning to stabilise the business, with improved margins, expanding retail distribution and several months of positive operating cashflow recorded in the first half of FY26.

Endeavour Group has reported modest sales growth but weaker earnings for the first half of FY26 as the liquor and hospitality giant stepped up price investment and accelerated capital spending across its network.

Bulla Dairy Foods CEO, Allan Hood, has stepped down after 12 years of leadership within the company. James Downey, a fifth-generation member of one of Bulla’s three founding families, has taken up the role of acting CEO.