Coca-Cola Philippines fully supports the idea of accelerating the transition to a circular economy in the country.
The company is involved in many local partnerships that empower households and communities with information, resources and technology on proper waste segregation. Coca-Cola is also investing in the recycling industry sector and encouraging more organizations to follow suit.
In the first half of 2022, Coca-Cola will be taking another step forward with the opening of PETValue Philippines, a pioneering PET plastic bottle recycling facility located in General Trias, Cavite. The establishment of PETValue–a joint venture with Indorama–is expected to help spur domestic recycling capabilities and the development of a circular economy for PET bottles. It will also provide job opportunities and contribute to the local economy.
“The fact is that there continues to be too much plastic in the world ending up where it shouldn’t be. Nobody wants to see that. At Coca-Cola, we’re fully committed to make our vision of a World Without Waste come to life. This requires continued dedication and tangible efforts from us working in close partnership with industries, recyclers, local governments and other organizations, even consumers,” said Tony Del Rosario, Coca-Cola Philippines president and VP for Franchise Operations for the Asean and South Pacific Unit-East Asia Region.
