Close×

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

Tongala Nutrition has received a $1.5 million government grant through the new $150 million Victorian Investment Fund. The funding will support the company’s expansion, creating more than 40 new jobs in the region.

End Food Waste Australia (EFWA) and Hort Innovation have launched a new research program to tackle the challenges of harvest surplus and losses on-farm – a $2.5 billion opportunity for vegetable growers.

The federal government has confirmed it will not proceed with the Tax Laws Amendment (Incentivising Food Donations to Charitable Organisations) Bill 2024, saying the legislation contains “deficiencies that compromise its policy intent”, even as food insecurity remains at record levels across Australia.