Coca-Cola Hellenic Invests in a New Recycling Plant in Greece
Coca-Cola Hellenic has acquired a minority 10% stake in Filia Environmental Industries, which has just opened a new PET recycling plant, located in Filiates of Thesprotia, Greece. The investment has already created 27 new jobs, and will help the development of local businesses, create employment and support the local economy. In addition, this investment is in line with Coca-Cola Hellenic’s environmental strategy of using recycled raw materials in its production process.
The new facility will process used plastic (PET) bottles and recycle them to produce 100% recycled plastic flake which will then be used for a range of products such as plastic film, geotextiles, plastic fibres and pallets.
It is estimated that the recycling plant in Filiates will be able to process approximately 12,000 tonnes of used PET bottles per annum, significantly reducing the amount of plastic waste, and allowing these bottles to be used again in the production process leading to a number of important environmental benefits.
“This is the largest plastic recycling plant inGreece. PET is one of our key raw materials in our supply chain. This investment reflects our commitment toGreeceand the local communities in which we operate,” explains Vassilis Lollas, Public Affairs and Communications Manager of Coca-Cola Tria Epsilon, Greece. “In addition, this investment demonstrates our commitment in protecting and preserving the environment.”
The Coca-Cola Hellenic group is a partner in 19 packaging recovery schemes that in 2012 collected and recycled almost 13 million tonnes of packaging waste. In 2007 the company invested in a PET bottle-to-bottle recycling facility in Austria which today process 20,000 tonnes of used PET annually.