NEW YORK: Coca-Cola, Ford Motor Company, Nike, H.J. Heinz Company, and Procter & Gamble have partnered to create entirely plant-based plastic materials with the goal of improving sustainability.
The collaboration, which is led by Coca-Cola, is focused on developing PET, a lightweight plastic also known as polyethylene terephthalate with 100% plant-based materials.
“A very basic message here is teamwork produces results,” said Scott Vitters, GM of PlantBottle packaging at Coca-Cola.
Coca-Cola is “in the leadership role because it has been ...