Liquid Light, Coca-Cola sign technology development agreement
Liquid Light announced it has signed a technology development agreement with The Coca-Cola Co. The objective of the agreement is to accelerate the development of Liquid Light’s technology which can make mono-ethylene glycol (MEG) from carbon dioxide. Liquid Light’s approach enables more efficient use of plant material to make MEG. For example, a bio-ethanol production facility could make bio-MEG from the CO2 byproduct that results from converting plant material into ethanol. The technology has the potential to reduce both the environmental footprint and the cost of producing MEG. MEG is one of the components used to make The Coca-Cola Co.’s plant-based PET plastic bottle.
Additional details of the agreement are not being disclosed at this time.