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-0.0029092319627618 -0.0029092319627618 -0.0029092319627618 -0.0029092319627618 -0.0160977501939488 -0.0160977501939488 -0.0160977501939488 -0.0139643134212568
Stock impact report

Coca-Cola announces major investment to upgrade its iconic products: 'We are continuing to look to the future' [Yahoo! Finance]

COCA COLA HBC UNSP/ADR (CCHGY) 
NASDAQ:AMEX Investor Relations: coca-colahellenic.com/en/investors
Company Research Source: Yahoo! Finance
The money will go toward a high-speed bottling line designed to use recycled plastic and will represent the company's largest individual investment at the Northern Ireland site since it opened in 2008. The new system should be up and running by May. The system is designed to make more than 100,000 bottles from 100% recycled plastic every hour: 65,000 500-milliliter bottles and 36,000 2-liter bottles. This is in line with Coca-Cola HBC's new policy, announced in 2024, of using recycled plastic across its entire line. It is always encouraging to see Coca-Cola and other large brands taking responsibility for some of their impact on the planet. Coca-Cola has been named the planet's largest plastic polluter, so any step away from that and toward a cleaner, eco-friendly approach is an improvement. This new plant will remove waste plastic from the system and turn it into a useful product. According to Business Plus, Simon Fitzpatrick, general manager for Coca-Cola HBC Ireland and Nort Show less Read more
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