Coca-Cola gives financial backing to Virent’s bio-paraxylene

Coca-Cola has announced a further influx of cash to help convert the paraxylene BioFormP into a new generation of fully renewable PET bottles for its drinks...

Coca-Cola has announced a further influx of cash to help convert the paraxylene BioFormP into a new generation of fully renewable PET bottles for its drinks.

Coca-Cola's funding is being channelled through its existing Plant Bottle bioplastics packaging programme.

BioformP is made by Wisconsin-based Virent using its PX technology. It has worked on the material with Coca-Cola since 2011.

Virent CEO Lee Edwards welcomes the move. He says: 'Coca-Cola continues to be a valued partner for Virent. Its intention to use our BioFormPX material in the next generation of PlantBottle packaging is critical in attracting manufacturing partners from the PET supply chain.

'This - along with the progress we have made in our joint development work - moves us closer to seeing the first commercial 100% bio-based PET bottles on retail shelves made using Virent technology.'

The new funding will be deployed to help Virent scale up the separation and purification procedures that are required to produce the bioplastic. The high recyclability and quality of bio-based plastics produced using the PX methods leads the company to believe it is a viable alternative to oil-based polymers in a range of other applications too.

 

This article comes from Food Contact World, which provides exclusive news and analysis on developments in food contact material , markets, and technologies.

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