Coca-Cola and National Recycling Coalition Launch Recycle Bin Grant Program.Innovative Program to Provide Recycling Bins and Expertise ATLANTA -- Coca-Cola and the National Recycling Coalition (NRC NRC abbr. 1. National Research Council 2. Nuclear Regulatory Commission Noun 1. NRC - an independent federal agency created in 1974 to license and regulate nuclear power plants ) today announced a new recycling bin grant program designed to promote and support community recycling in the U.S. Through this innovative grant, recipients will have the benefit of both the donated recycle bins and the expertise on how to set up recycling programs from the National Recycling Coalition. Grants will be provided for recycle bins at sporting events, music venues, schools and commercial locations. The grant program is part of Coca-Cola's $60 million investment in recycling programs and initiatives in the U.S. "We are excited to partner with Coca-Cola to offer a recycling bin grant program to communities and businesses," said Kate Krebs, executive director of the National Recycling Coalition. "The program is designed to increase recycling rates across the country by helping to off-set the initial costs of recycling bins." The bin grant program leverages the purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. and expertise of the NRC and Coca-Cola to provide more recycling bins than would be possible if grant recipients were to purchase bins independently. The NRC also will contact grantees to offer guidance and consultation on setting up a recycling program, assess recycling bin needs and determine bin selection. NRC bin suppliers will then deliver bins directly to the recipients. The grant program is open to city, government and school organizations as well as non-profit groups and for-profit companies. Interested parties may apply for the grant at NRC's website: http://bingrant.org/register.asp. Eligible grant activities include establishing a recycling program at schools, universities, sporting or recreation venues, parks, cultural events or business and commercial locations. Grant recipients will be selected and awarded recycling bins throughout 2008. "Coca-Cola has a long history of designing packages that are recyclable and resource efficient," said Scott Vitters, director of sustainable packaging, The Coca-Cola Company. "We also are focused on ensuring strong end-markets for our packages through investments in commercial recycling and community collection programs like RecycleBank and the bin grant program. We hope this new program will further encourage communities to make recycling available as we continue to close the loop for our products as well as other valuable recyclables," Coca-Cola's Support for Recycling in the U.S. Coca-Cola recently announced a series of initiatives designed to enable the Company to achieve its long term goal to recycle or reuse all of its plastic bottles in the U.S. marketplace. In partnership with the United Resource Recovery Corporation (URRC URRC United Resource Recovery Corporation (recycling company) URRC Ubon Rice Research Center (Thailand) ), Coca-Cola will build the world's largest bottle-to-bottle plastic recycling Plastic recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different from their original state. plant in Spartanburg, S.C. When fully operational in 2009, the plant will have the capacity to produce approximately 100 million pounds of food-grade recycled PET (polyethylene terephthalate Ter`eph´tha`late n. 1. (Chem.) A salt of terephthalic acid. ) plastic for reuse each year - the equivalent of producing nearly two billion 20-ounce Coca-Cola bottles. Coca-Cola also has expanded its partnership and investment in RecycleBank, a successful community curbside curb·side n. 1. The side of a pavement or street that is bordered by a curb. 2. A sidewalk. adj. Located, operating, or occurring at or along the sidewalk or curb: recycling program. RecycleBank currently operates in southern New Jersey, Delaware and Pennsylvania and will be launching service in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. , Vermont and Massachusetts in the fall of 2007. The additional investment from Coca-Cola will support a national rollout of the RecycleBank program by 2009. Coca-Cola and its largest bottler, Coca-Cola Enterprises Coca-Cola Enterprises NYSE: CCE is the largest bottler by volume in the Coca-Cola System. It is the anchor bottler for North America and parts of Europe. The company is the bottler of Coca-Cola and its other soft drink products, and in some areas a few other soft drink also announced the creation of Coca-Cola Recycling, a new subsidiary dedicated to recovering and recycling Coca-Cola packaging materials used within the Coca-Cola system in the U.S. For more information about Coca-Cola recycling programs and initiatives, please visit http://www.cokecce.com. About the NRC The NRC is a national, non-profit advocacy group with members that span all aspects of waste reduction, reuse and recycling in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . NRC's objective is to eliminate waste and promote sustainable economies though advancing sound management practices for raw materials in North America. NRC works with its members and partners to sponsor programs and stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. forums that provide tools and nurture solutions for the recycling industry. Breaking new ground in how Americans think about waste, the Coalition is a strong and clear voice for recycling. For more information about the NRC please visit http://www.nrc-recycle.org/. About The Coca-Cola Company The Coca-Cola Company is the world's largest beverage company. Along with Coca-Cola, recognized as the world's most valuable brand, the Company markets four of the world's top five nonalcoholic non·al·co·hol·ic adj. A beverage usually containing less than 0.5 percent alcohol by volume. sparkling beverage brands, including the Diet Coke Diet Coke (sometimes known as Diet Coca-Cola, Coca-Cola Light or Coke Light) is a sugar-free soft drink produced and distributed by The Coca-Cola Company. , Fanta and Sprite brands, and a wide range of other beverages, including diet and light beverages, waters, juices and juice drinks, teas, coffees, energy and sports drinks sports drink Performance drink Sports medicine A thirst-quenching beverage used in sports-related activities, which may boost energy and/or help build muscle mass; water, sugar, salt, potassium are common to all SDs. See Hydrotherapy, Water. . Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate exceeding 1.4 billion servings each day. For more information about The Coca-Cola Company, please visit our website at www.thecoca-colacompany.com. |
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