It always gives a huge amount of confidence when a global corporate major invests significantly in clean technology.
Thus it was a sense of satisfaction I got when I read about Coca Cola’s scaling up of its involvement in sustainable materials through its investments in bioplastic bottles.
In 2014, Coca Cola extended its partnership with a Wisconsin based company, Virent. Virent’s partnership is to be extended with an additional investment of an undisclosed amount for Viret to scale up production of the paraxylene, a chemical which Coca Cola is using in their PlantBottles.
The investment will fund purchase and installation of new equipment that is needed to chemically produce and purify paraxylene from one of the byproducts of Virent’s biofuel production process.
The companies partnered in 2011, signing multi-year, multi-million dollar agreements to scale-up Virent’s plant-based Paraxylene as a route to commercially viable, 100% renewable, 100% recyclable PlantBottle PET resin. In the past, Coca Cola’s PlantBottles have included only 30% plant-based plastic. Virent’s chemical allows the remaining 70% of the bottle to be plant-based.
Encouraging stuff, read more from here
Categories: Agriculture and Forestry, Bio Energy
About EAI and BioBiz for Bio-CNG
BioBiz for bio-CNG, EAI's specialized consulting division for bio-CNG, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete bio-CNG value chain – feedstock sourcing, logistics, pre-processing techniques, anaerobic digestion, biogas scrubbing, biogas upgradation, end user markets for bio-CNG and digestate, and more. Send a note to email@example.com if you wish to take BioBiz’s assistance for the Indian bio-CNG market.
About EAI & EV Next
EV Next, EAI's specialized consulting division, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete EV value chain - Li-ion & Lead Acid Battery Cells & Battery Packs, BMS, Battery Manufacturing equipment, EV charging station, battery swapping station, Li-ion & Lead Acid battery recycling, and for a range of electric vehicles - e-bikes, electric bicycles, electric scooters, electric motorbikes, electric autos, e-autos, e-rickshaws, electric trucks, electric LCVs, electric buses and more. Send a note to firstname.lastname@example.org if you wish to take EV Next assistance for the Indian electric vehicle market.
Devising Your EV Strategy: White Paper from EAI.