r-PET Bottle – Coca-Cola’s Investment in Recycled PET in Chile 07-10-2024
r-PET Bottle
- CHINA : 1-7 October 2024 is Holyday – National Day + National Day Golden Week Holiday
| Polyestertime | |||
| ITEM | 30/09/2024 | 07/10/2024 | +/- |
| Bottle grade PET chips domestic market | 6,400 yuan/ton | 6,400 yuan/ton | – |
| Bottle grade PET chips export market | 845 $/ton | 845 $/ton | – |
| LDPE CFR Est China | 1,180 $/ton | 1,180 $/ton | – |
| PET Semidull Fiber chips
PET Bright |
6,250 yuan/ton
6,280 yuan/ton |
6,250 yuan/ton
6,280 yuan/ton |
–
– |
| Pure Terephthalic Acid PTA domestic market
r-PET Bottle |
4,950 yuan/ton | 4,950 yuan/ton |
– |
| Pure Terephthalic Acid PTA FOB China | 640 $/ton | 640 $/ton | – |
| Monoethyleneglycol MEG South China domestic market | 4,700 yuan/ton | 4,700 yuan/ton |
– |
| Monoethyleneglycol MEG CFR China | 543 $/ton | 543 $/ton | – |
| Paraxylene PX FOB Taiwan market | 866 $/ton | 866 $/ton |
– |
| Paraxylene PX FOB Korea market | 844 $/ton | 844 $/ton | – |
| Paraxylene PX FOB EU market | 901 $/ton | 901 $/ton | – |
| Polyester filament POY 150D/48F domestic market | 6,950 yuan/ton | 6,950 yuan/ton |
– |
| Recycled Polyester filament POY domestic market | 6,800 yuan/ton | 6,800 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 8,500 yuan/ton | 8,500 yuan/ton | – |
| Polyester filament FDY 68D24F | 8,150 yuan/ton | 8,150 yuan | – |
| Polyester filament FDY 150D/96F domestic market
r-PET Bottle |
7,600 yuan/ton | 7,600 yuan/ton | – |
| Polyester staple fiber 1.4D 38mm domestic market | 7,200 yuan/ton | 7,200 yuan/ton | – |
| Caprolactam CPL domestic market | 11,500 yuan/ton | 11,500 yuan/ton |
– |
| Caprolactam CPL CFR China
r-PET Bottle
|
1,600 $/ton | 1,600 $/ton | – |
| Nylon 6 chips overseas market
Ny66 |
1,600 $/ton
2,84 $/ton |
1,600 $/ton
2,84 $/ton |
–
– |
| Nylon 6 chips conventional spinning domestic market | 12,700 yuan/ton | 12,700 yuan/ton | – |
| Nylon 6 chips high speed spinning domestic market | 13,500 yuan/ton | 13,500 yuan/ton | – |
| Nylon 6.6 chips domestic market
r-PET Bottle |
17,700 yuan/ton | 17,700 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 15,400 yuan/ton | 15,400 yuan/ton | – |
| Nylon6 Filament DTY 70D/24F domestic market | 17,800 yuan/ton | 17,800 yuan/ton | – |
| Nylon6 Filament FDY 70D/24F | 17,000 yuan/ton | 17,000 yuan/ton | – |
| -Spandex 20D domestic marke | 28,200 yuan/ton | 28,200 yuan/ton | – |
| Spandex 30D domestic market | 27,700 yuan/ton | 27,700 yuan/ton | – |
| Spandex 40D domestic market | 24,700 yuan/ton | 24,700 yuan/ton | – |
| Adipic Acid domestic market
r-PET Bottle |
8,250 yuan/ton | 8,250 yuan/ton | – |
| Benzene domestic market East China | 8,200 yuan/ton | 8,200 yuan/ton | – |
| Benzene CFR China | 955 $/ton | 955 $/ton | – |
| Ethylene South East market | 940 $/ton | 940 $/ton | — |
| Ethylene NWE market CIF | 957 $/ton | 957 $/ton | — |
| Acrylonitrile ACN domestic market | 8,475 yuan/ton | 8,475 yuan/ton | – |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF CFR China
r-PET Bottle |
14,600 yuan/ton | 14,600 yuan/ton | – |
| VSF viscose staple fiber | 13,650 yuan/ton | 13,650 yuan/ton | – |
| PP Powder domestic market | 7,330 yuan/ton | 7,330 yuan/ton | – |
| Naphtha overseas market | 628 $/ton | 671 $/ton | +43 |
| Phenol domestic market | 8,990 yuan/ton | 8,832 yuan/ton | -158 |
recycled PET = 5,150 yuan/ton — 5,150 yuan/ton –
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r-PET Bottle
Coca-Cola’s Investment in Recycled PET in Chile
Coca-Cola Andina and Coca-Cola Embonor, the two primary bottlers for Coca-Cola in Chile, have announced a significant initiative to recycle 350 million plastic bottles annually. This effort is part of their broader commitment to sustainability and involves the construction of a state-of-the-art recycling facility named Re-Ciclar, which will produce 100% recycled PET (polyethylene terephthalate) resin. This recycled material will be used in beverage packaging for Coca-Cola products in Chile. r-PET Bottle
Overview of the Re-Ciclar Facility
The Re-Ciclar plant represents a $35 million investment, developed in partnership between Coca-Cola Andina and Coca-Cola Embonor. The facility, which spans 8,000 square meters, is located in the Lampa commune, within the metropolitan region of Santiago. Matías Mackenna, general manager of Re-Ciclar, explained that while both bottling companies have joint ownership of the plant, daily operations are overseen by an independent management team hired specifically for the facility.
“The operational management is led by a general manager and a dedicated team, which ensures efficient task distribution and smooth functioning of the plant,” Mackenna said. This structure allows the plant to operate independently while maintaining the partnership between the two companies. r-PET Bottle
Coca-Cola’s First Food-Grade Recycled PET in Chile
The Re-Ciclar facility will be Coca-Cola’s first in Chile to produce beverage packaging using recycled, food-grade PET resin. This recycled material will be incorporated into all Coca-Cola beverage bottles in the country starting in 2025, with an initial goal of having 15% of each bottle made from recycled PET. Over time, Coca-Cola aims to increase this percentage, eventually reaching 100% recycled bottles.
Coca-Cola’s global commitment to sustainability has already seen similar efforts in other countries. In Latin America, Re-Ciclar joins two other Coca-Cola-operated recycling plants, located in Mexico and Paraguay. In Paraguay, for example, Coca-Cola Paresa, in collaboration with INPET and CORESA, operates a circular PET plant that has contributed to the company’s recycling goals. Re-Ciclar, however, is considered the most advanced facility in the region. r-PET Bottle
Expanding Sustainability Efforts Across Latin America
Coca-Cola’s sustainability director for Chile, Paola Calorio, emphasized the importance of this new facility in the company’s broader Latin American recycling initiatives. According to her, Coca-Cola already uses various percentages of recycled PET in its containers across the continent. In Bolivia and Argentina, for instance, some bottles are made entirely from 100% recycled PET.
Calorio also pointed out that Coca-Cola’s long-term goal is to reduce its reliance on virgin plastic and increase the use of recycled materials. The company’s investments in new recycling infrastructure like Re-Ciclar are critical to achieving this vision. “Re-Ciclar is the most modern bottle recycling operation in Latin America, and it will help us significantly reduce our environmental footprint in the region,” she added. r-PET Bottle
Collecting and Processing PET Bottles
In 2024, Coca-Cola Andina and Coca-Cola Embonor aim to collect approximately 10,000 metric tons of PET bottles for recycling. To achieve this target, they have partnered with various organizations across Chile, including the National Association of Recyclers of Chile, Latitud R, and The Possible City. These groups play a crucial role in the recycling supply chain, as they manage the collection, storage, and delivery of PET materials to the Re-Ciclar facility.
The recycling process at Re-Ciclar begins with the collection of plastic bottles by local recycling organizations. Once the bottles are delivered to the plant, they undergo a rigorous cleaning and sorting process. Afterward, the bottles are crushed into small flakes, which are then subjected to extrusion, crystallization, and post-condensation processes. These steps help restore the physical and chemical properties of PET, transforming the flakes into high-quality recycled resin pellets that can be used to manufacture new beverage containers. r-PET Bottle
Coca-Cola’s Broader Sustainability Vision
The establishment of Re-Ciclar aligns with Coca-Cola’s global sustainability goals, which include reducing waste, promoting recycling, and minimizing the environmental impact of its packaging. The company has committed to using at least 50% recycled material in its packaging by 2030 and is working toward achieving a “World Without Waste,” a vision that focuses on collecting and recycling every bottle or can it sells by 2030.
The Re-Ciclar facility in Chile is a significant step toward realizing this vision in Latin America. By investing in modern recycling technologies and building strong partnerships with local organizations, Coca-Cola is demonstrating its commitment to driving sustainable practices and reducing its environmental footprint in the region.
In conclusion, Coca-Cola’s investment in recycled PET in Chile highlights its dedication to sustainability and innovation. Through the Re-Ciclar plant, the company is not only advancing its recycling capabilities but also fostering a more circular economy, where materials are reused rather than discarded. This initiative will help Coca-Cola meet its ambitious environmental goals and set a new standard for beverage packaging in Chile and beyond. r-PET Bottle
India has launched an anti-dumping investigation into mono ethylene glycol (MEG) imports from Kuwait, Saudi Arabia, and Singapore
This investigation follows a request by Reliance Industries Limited, submitted through the Chemicals and Petrochemicals Association of India (CPMA). The CPMA claims that these imports are causing harm to domestic producers by undercutting prices.
The Director General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, will investigate MEG imports from April 2023 to March 2024. The injury analysis will consider data from the previous three fiscal years (2020-2023). MEG is a key raw material for polyester staple fibre, widely used in the textile industry. PET Bottle
The CPMA alleges that imports from these countries are significantly lower-priced, suggesting dumping practices. Indian Glycol Limited has supported the CPMA’s request to impose anti-dumping duties to protect the domestic industry.
While anti-dumping measures safeguard local producers, they could raise costs for consumer industries reliant on imported MEG, such as those in textiles.
This may affect the competitiveness of India’s downstream sectors like garment and yarn production globally. PET Bottle
