Coca-Cola Europacific Partners (CCEP) has invested an undisclosed sum in CuRE Technology.
Netherlands-based CuRE Technology has developed a low-energy process to rejuvenate polyester and turn it into virgin-equivalent rPET that can be used in food and drinks packaging. However, it is quite vague about the process it uses.
The company suggests that this technology targets polyester, such as coloured bottles, that cannot be recycled using existing mechanical technologies and has a 65% lower carbon impact than virgin PET.
This is the second investment by CCEP’s investment engine CCEP Ventures in CuRE Technology to support its R&D roadmap and pilot plant in the Netherlands. This second phase will look to take the technology to commercial readiness with a new production facility expected to open in 2025.
CCEP will have access to the rPET created by this plant.
CuRE Technology is a collaboration between Morrsinkhof, Cumapol, DuFor, Niaga and NHL Stenden University.