Liquid Light has signed a technology development agreement with The Coca-Cola Company. 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 (CO2). 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; one of the components used to make the plant-based PET bottle. Additional details of the agreement are not being disclosed at this time.
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