As part of the agreement, JBF Industries will build the world’s largest facility to produce bioglycol, the key ingredient used to make PlantBottle packaging. The plant will be located in Sao Paulo, Brazil, and will utilise locally sourced sugarcane and sugarcane processing waste in the manufacturing process.
Construction on the new facility is expected to begin at the end of this year and will last for 24 months. At full capacity, it is estimated it will produce 500,000 metric tonnes of material per year.
Coca-Cola has set itself a target of using Plantbottle packaging technology in all of its plastic bottles by 2020. According to the company, the new facility will remove the equivalent of 690,000 metric tonnes of carbon dioxide each year.
Coca-Cola’s vice president & chief procurement officer Ronald Lewis said that the benefits of sustainable innovation are only fully realised when commercialised and put in the hands of consumers.
“Coca-Cola has sold more than 10 billion PlantBottle packages around the world that are less dependent on petroleum and have a lower carbon impact. We are pleased that our partnership with JBF Industries will help us further expand global production.”
About JBF Industries Limited
JBF Industries Ltd is a public listed business conglomerate with head-quarter in Mumbai, India. The principal business interests of the group are in polyester related products with end-use applications in textiles & packaging industry. PET manufacturing locations for the group are currently located in India & UAE with a new green field facility planned in Belgium Europe. Apart from PET resins, the group has a large scale global presence in BoPET Packaging Films segment. The investment in Brazil will be 100% by JBF Group through its overseas subsidiaries.
See also our previous articles about Coca :
- Coca-Cola Company, Heinz, Ford Moto rand Nike want to accelerate the development and use of 100% plant-based PET materials and fiber in their product
- Coca-Cola plant bottle™ vs. Pepsico Green Bottle: The giant’s war!
- Coca-Cola’s Push for Plant-Derived PET Could Transform the Supply Chain
- Coca Cola launches plant-bottle in South Africa