Heinz, Coca-Cola Announce PlantBottle Partnership
The Coca-Cola Company (NYSE: CO) and H.J. Heinz Company (NYSE: HNZ) today announced a strategic partnership that enables Heinz to produce its ketchup bottles using Coca-Cola’s PlantBottleTM packaging. The PET plastic bottles are made partially (up to 30%) from plant materials and have a lower reliance on non-renewable resources compared with traditional PET plastic bottles. Currently, PlantBottle is made using sugarcane ethanol from Brazil. Heinz said its adoption of the PlantBottle technology will be the biggest change to its iconic ketchup bottles since they first introduced plastic in 1983… more Heinz, Coca-Cola Announce PlantBottle Partnership.