Coca-Cola, PepsiCo and Bisleri Printing Buyback Value on PET Bottles

Coca-Cola, PepsiCo and Bisleri Printing Buyback Value on PET Bottles

In a bid to comply with new regulations, top beverage makers including Coca-Cola, PepsiCo, and Bisleri have begun printing a buyback value on all PET (plastic) bottles sold in Maharashtra to comply with new regulations and help check plastic littering.

Consumers can return empty plastic bottles and will get paid as per the value of the buyback printed on bottles.

While the government has allowed the companies to keep the buyback value flexible, most companies have settled on Rs 15 per kg for PET bottles, and Rs 5 per kg for shrink wraps.

Maharashtra enforced a ban on PET bottles smaller than 200 ml and other single-use disposable plastic items in late June and gave users three months to come up with alternatives following mounting concerns over plastic waste.

The report adds that Maharashtra had enforced a ban on PET bottles smaller than 200 ml along with other single-use disposable plastic items in June. The state had given PET bottle users three months to come up with alternatives.

However, adding buyback value to the bottles has brought about fresh challenges for the beverages makers who suggest that they would not be able to sell those bottles in other states, according to the report.

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