Coca-Cola CEO: Plastic Bottles Have Lower Carbon Footprint Than Aluminum -Reuters
November 06 2019 - 1:22PM
Dow Jones News
--Coca-Cola is not shifting from plastic to aluminum, partly
because "a recycled PET [polyethylene terephthalate] bottle has a
much lower carbon footprint than an aluminum can or a returned
glass bottle," chief executive James Quincey said in an interview
with Reuters.
--The drinks maker has started offering recyclable aluminum cans
for some water brands, but the company is "not trying to engineer a
strategic shift from plastic to aluminum," Mr. Quincey told
Reuters.
--Mr. Quincey said tariffs on aluminum set by U.S. President
Donald Trump haven't influenced the company's plan, Reuters
reports.
Full story: https://reut.rs/33lMuw4
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(END) Dow Jones Newswires
November 06, 2019 13:07 ET (18:07 GMT)
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