Coke’s P1B recycling plant in PH to rise in 2020
Giant beverage firm Coca-Cola Philippines (Coke) and its partners are investing P1 billion to build a recycling plant in the country, which should be operational by the second half of next year.
Winn Everheart, president and general manager of Coca-Cola Philippines, said the plant will be the first Coca-Cola recycling plant in Southeast Asia.
A report in Manila Bulletin showed that the facility, which would have a capacity of recycling 16,000 metric tons (MT) of plastic, should help the firm collect and recycle all its bottles and cans by 2030.
Right now, there are 130,000 MT of plastic in the entire waste ecosystem and 40 percent of this comes from the product of Coke.
Gareth McGeown, president and CEO of Coca Cola Bottling Philippines, Inc., said the company is looking at building the facility near Metro Manila.