Fossil-fuel-based PET's days are numbered in the beverage market if you listen to two of the sector's biggest players, Coca-Cola and PepsiCo, both of which launched renewably sourced polyester initiatives that they say will become the material of choice for bottles.
In presentations that bookended the two-day Biopolymers Symposium organized by Intertech Pira, Coca-Cola's Mikell Schultheis and PepsiCo's Edward Socci laid out their respective companies forays into renewably sourced polyethylene terephthalate (PET) and how those efforts will accelerate in coming years.
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