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These strategically located centres will support the collection, segregation, and bailing of PET bottles which will then later be recycled into yarn and brushes in Sri Lanka , the beverage company said in a media release. In , The Coca-Cola Company , through the announcement of the 'World Without Waste' programme renewed its investment in sustainable packaging globally so that all its packaging can enjoy a life beyond being beverage containers. Additionally, the company will lead the industry in seeking partners to collaborate on meaningful solutions to clean up existing packaging from the environment and developing effective collection and recycling systems. The Give Back Life programme in Sri Lanka falls under the global 'World Without Waste' agenda whose goal is to support any and every PET bottle on the island to re-fulfill its destiny and become something fantastic again. Galle Mayor Priyantha Sahabandu , noted, 'We were initially very excited to learn of Coca-Cola's initiative to recycle PET bottles and today a PET recovery centre in Galle has been launched which will undoubtedly strengthen our mandate to combat plastic pollution while enhancing our waste collection methods in the city of Galle and beyond. Batticaloa Mayor Thiagaraja Saravanapavan , said, 'Setting up dedicated PET Recovery Centres capable of collecting, segregating and equipped with baling facilities, will ensure a higher percentage of PET plastic waste collection in Batticaloa and livelihood opportunities for the people in the area. Ramalingam Gowthaman , Chairman of the Vavuniya Municipal Council , commented, 'This sustainable waste management initiative will allow respective local councils to earn extra revenue from the collection of PET to sustain the functioning of the centre and could potentially lower costs related to solid waste management in the long term within the city of Vavuniya. These collection centres will facilitate authorities to partner with schools, community-based organisations, and business associations in the future to champion a cleaner environment in their areas through the systematic collection of PET materials. Add to a list Add to a list. To use this feature you must be a member. The Coca-Cola Company. News All News Analyst Reco. Valuation Valuation ratios Dividend. Consensus Analysts' Opinion Estimates Revisions. All News Analyst Reco. Latest news about The Coca-Cola Company. Pepsico: the stock market contest Oct. Chart The Coca-Cola Company. Duration Auto. Period Day Week. Company Profile. Income Statement and Estimates. More financial data. Trading Rating. Analysts' Consensus. Profit revisions. Estimate revisions. Quarterly earnings, Rate of surprise. Company calendar. Stocks slip, oil rises amid Middle East concerns. Earnings optimism trumps election uncertainty. Wall Street zeroes in on semiconductors after turbulent week. Coca-Cola vs. Pepsico: the stock market contest.

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