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[greenyes] FW: Coke Leads Move to Returnable Glass Bottles in Latin America
- Subject: [greenyes] FW: Coke Leads Move to Returnable Glass Bottles in Latin America
- From: "Pat Franklin" <pfranklin@no.address>
- Date: Mon, 20 Oct 2003 16:26:32 -0400
Does anyone have the complete WSJ article titled "Coke takes step back to
the future?" October 15th
THANKS!!
****************************************
Re: Coke takes step back to the future?
Coke Leads Move to Returnable Glass Bottles in Latin America
The Wall Street Journal reports today (October 15) that the Coca-Cola
Company
is bringing back returnable glass bottles in several Latin American
countries
for marketing reasons, primarily to make their products more affordable.
Pepsi is following suit.
See "Marketplace" Section, page B2B, story headlined:
Coke Leads Drive
To Bring Glass
Out of Retirement
______________________
Old-Look Bottles Are Used
In Effort to Aid a Recovery
In Latin American Sales
_______________________
By Miriam Jordan
"Economic woes in Latin America have
Coca-Cola fixating on glass.
After virtually retiring glass bottles
from stores in favor of lighter, more con-
venient and more attractive plastic con-
tainers, Coke is leading a reverse trend.
The beverage powerhouse is champion-
ing returnable glass containers as a way
to lower prices and keep consumers buy-
ing its carbonated beverages in these
hard times.
In late August, Coke launched an ad-
vertising campaign in Venezuela that pro-
claims "What is Good Always Returns." A
one-liter glass bottle costs consumers one-
third less than a comparable polyethylene
terephthalate, or PET, bottle. Similar ef-
forts are underway in Argentina and Bra-
zil, which is Coke's third-biggest market
by volume after Mexico and the U.S. ...."
The fairly lengthy article goes on to explain how the deposit system works,
how it helps poor consumers, and why glass in more economical in Latin
America
than PET.
What an interesting development. Perhaps we should be writing The Coca-Cola
Company to raise the possibility of helping the poor in the United States by
bringing back returnables.
Of course the economics of glass versus PET are different in the United
States. But just imagine what a boon it would be for local economies,
litter
reduction, energy and environmental conservation. And it's a voluntary
initiative
that could bring an end to the decades-old battle over bottle bills.
At least we should acknowledge that the move to returnables is a net
positive
in Latin America.
Cheers,
Lance King
Chairman
Community Solutions
5615 26th Street N.
Arlington, VA. 22207
Tel: 703/536-7282
Fax: 703/538-5504
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