Dive summary:

• Continuum Recycling, a joint venture by Coca Cola and ECO Plastics, has won the U.K.’s Green Business Award for 2012.
• Continuum Recycling works to repurpose old plastic beverage containers and reuse them for Coca Cola products; over the past five years the company has invested more than $27 million to quadruple processing capacity.
• The partnership between ECO and Coca Cola has resulted in the processing of 165,000 tons of mixed plastics a year, including 44,000 tons of bottle-grade recycled PET pellet.

From the article:

Continuum reprocesses used plastic bottles in its facility in Hemswell, U.K., which are then transformed into new Coca-Cola bottles. The joint venture has provided an economic boost and created skilled jobs in rural Lincolnshire.

Jonathan Short, managing director of ECO Plastics, says, “The Green Business Awards is one of the most prestigious awards in the environmental sector so ECO Plastics is honored to have been recognized. It’s fantastic to see the industry acknowledge the dedication and hard work put into this project. U.K. sustainable packaging has huge growth potential and we hope Continuum will provide a blueprint for similar projects in this sector.” ...