Thirty jobs are to be created next year in Lincolnshire in a joint recycling venture between Coca-Cola Enterprises and ECO Plastic. The new project will be a major boost to the manufacturing industry in the UK and will go a long way towards helping the Government and others meet recycling and environmental targets and standards.
Coca-Cola Enterprises will provide £5 million and ECO Plastic £10 million in a 10 year deal that will provide Coca-Cola with an expected forty thousand tons of recycled plastic every year.
The new plant alone will increase current UK production of PET by one hundred percent. Currently the vast majority of PET has to be exported and Coca-Cola Enterprise has relied, until now, on PET from the rest of Europe.
The aim of Coca-Cola Enterprises is that, by next year, Coca-Cola bottles will feature one-quarter recycled PET. Commenting, Simon Baldry of the company said that this project was capable of meeting recycling issues head-on and that bottles produced from the facility will be available on British shelves.