Coca-Cola announced a partnership agreement with the three leading biotechnology companies Virent, Gevo and Avantium to develop one of the first commercial solutions for next-generation packaging PlantBottle™ , made from 100% biodegradable materials.
The new bottle will be made from PET (polyethylene terephthalate), a blend of petroleum-based materials and bioethanol made from plants, such as sugar and molasses and fully recycled plactic.
The company describes the PlantBottle™ launch as the "next step on its journey to develop a truly sustainable plactic bottle". The company wants to see all its plastic bottles made from a combination of plant-based materials and recycled PET plactic by 2020. It is developing a next generation of plant-based packaging derived from more easily sourced materials such as stems, fruit peels and bark, which the company is aiming to launch commercially within the next three to five years.
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