Sector News

Coca-Cola, PepsiCo leaving Plastics Industry Association

July 24, 2019
Chemical Value Chain

The Coca-Cola Company has withdrawn from the Plastics Industry Association, and PepsiCo plans to leave at the end of 2019. The news was announced on 23 July by environmental group Greenpeace and confirmed by Dow Jones.

Greenpeace highlighted the trade association’s “secretive” lobbying against plastic bag bans. “Companies understand that they cannot publicly say they want to end plastic pollution, while financially supporting an association that lobbies for our continued reliance on throwaway plastics,” says a Greenpeace executive.

According to Dow Jones, a Coca-Cola spokesperson said that the company “withdrew earlier this year as a result of positions the organization was taking that were not fully consistent with our commitments and goals.”

The Plastics Industry Association acknowledges that Greenpeace has been pressuring prominent brands to leave the group.

“This is unfortunate — consumer brands are integral to making sustainability commitments into realities, by working with their suppliers to make lasting change,” says Patty Long, interim president and CEO. “Once again, we invite Greenpeace to work with us to help implement meaningful and sustainable advances to improve our environment, such as modernizing and expanding recycling infrastructure.”

By Clay Boswell

Source: Chemical Week

Related News

May 1, 2021

BASF with strong start to 2021 business year

Chemical Value Chain

BASF increased sales by €2.6 billion compared with the first quarter of 2020 to €19.4 billion. This was mainly due to higher prices and volume growth.

May 1, 2021

Air Products acquires full ownership of China gasification joint venture

Chemical Value Chain

Air Products acquired General Electric’s gasification business in 2018 which included the 50% stake in a syngas joint venture with China Shenhua Coal to Liquid and Chemical, a subsidiary of China Energy Group.

May 1, 2021

EVP Yara Europe Tove Andersen appointed President & CEO in Tomra Systems ASA

Chemical Value Chain

Tove Andersen, currently EVP Yara Europe, has been appointed President and CEO of Tomra Systems ASA. She will take up the new position latest 1 November 2021.

Send this to a friend