PET plastic bottles remain a challenge across the country. These bottles are 100% recyclable and, therefore, should not end up in landfills or waterways. This recyclable material should re-enter the value chain as resource or feedstock for recycling.
PETValue Philippines—a partnership between Coca-Cola and Indorama Ventures, a global leader in green tech and packaging solutions—is the country’s first, state-of-the-art, bottle-to-bottle, food-grade recycling facility. It has pledged to employ the safest and most advanced technology to sort, wash, and process used plastic bottles into new ones.
The P1-billion facility is set to be completed in Q4 of 2021 and is expected to have a capacity to process around three billion pieces of plastic bottles annually.
Coca-Cola x Manila
Coca-Cola Beverages Philippines Inc. (CCBPI), the bottling arm of Coca-Cola in the country, has signed a memorandum of agreement (MOA) with the City of Manila for the collection and recycling of PET bottles in the metro.
Under the MOA, clear PET plastic bottles—regardless of brand or manufacturer—deposited in contour bottle bins will be collected by Manila’s Department of Public Services, and will then be hauled by CCBPI to its PETValue recycling facility in Gen. Trias, Cavite. This is the first in a series of projects lined up for the City of Manila.
The City of Manila is the latest addition to the growing number of cities and municipalities that CCBPI is partnering with as part of its World Without Waste initiative, the company’s commitment to collecting and recycling every single bottle and can that it sells by 2030.