Coke, Pepsi, Bisleri partner to launch plastic waste management entity
Posted On : Saturday, September 21, 2019, 5:45 PM
Under pressure from an upcoming likely ban on single use plastic, beverage makers Coca-Cola India, PepsiCo and Bisleri on Thursday announced the setting up of a packaging waste management entity, aimed at what they said would create an efficient value chain for collection of plastic waste and optimise recycling processes. All three companies extensively sell packaged water in PET bottles, which they say is almost entirely recycled. Sweeping restrictions on single-use plastic bottles could have a far-reaching impact on the way these companies sell water, and they are seeking clarity on whether the likely ban will have any impact on the polyethylene terephthalate (PET) bottles that they use.