Frigoglass And Coca-Cola Recycling Announce Green Innovation

Atlanta, Oct. 6, 2010 – Frigoglass, one of the world’s leading players in the beverage coolers market, and Coca-Cola Recycling LLC are joining forces to give used plastic beverage bottles a new life through recycling and re-use.   At the National Association of Convenience Stores’ NACS Show in Atlanta today, the two companies announced a joint effort that will facilitate the manufacturing of beverage cooler components from specially processed post-consumer recycled polyethylene terephthalate (R-PET) bottles.

“Our commitment as a global supplier of beverage coolers (Ice Cold Merchandisers) is to design and produce innovative products that aim to reduce the impact on the environment,” said Petros Diamantides, Chief Executive Officer, Frigoglass. “Our collaboration with Coca-Cola Recycling is another milestone in our effort to promote sustainable development in our operations,” he continued.

”We envision a world where used beverage containers are not seen as waste, but as valuable resources that can be used over and over again to manufacture new products,” said John Burgess, President of Coca-Cola Recycling LLC.  “We are pleased to work with Frigoglass in bringing that vision to life with cooler components made from recycled PET plastic bottles.”

In addition to the recycled component initiative, Frigoglass will showcase its 2011 range of Beverage Coolers (Miracool) developed specifically for the North American Market. The Miracool product line is based on a cartridge-type refrigeration system that is easily removable and is interchangeable across models. On top of that, the environmentally friendly features include natural substances in the insulation process, increased recyclability and technology ready to accept natural refrigerants. The core benefits of the Miracool product line evolve around optimized cooling mechanism (energy-performance), low maintenance and durability as well as excellent branding and merchandising space that maximizes cold drink sales.

About Frigoglass

Frigoglass is one of the leading players in the global Ice Cold Merchandisers (Beverage Coolers) market and is the largest glass bottle producer in West Africa, meeting the needs of beverage companies across all segments.

Being the most geographically diverse company in the ICM field, Frigoglass operations span over 19 countries across five continents, including production hubs in Romania, Russia, Greece, Turkey, India, China, Indonesia, South Africa, Nigeria and the USA (Spartanburg SC). Additionally, standalone sales offices in Poland, Norway, Ireland, Germany, France, Kenya, Philippines, Malaysia and Australia.

The company's customer base consists of Coca-Cola Company Bottlers (such as Coca-Cola Hellenic, Coca-Cola Enterprises, BIG, Coca-Cola Amatil, Coca-Cola Sabco), brewers (such as ABInbev, Heineken, SABMiller, Carlsberg, Diageo, Efes), Pepsi and dairy companies (Nestle, Danone).For more information, please visit: www.frigoglass.com

About Coca-Cola Recycling

Coca-Cola Recycling LLC is dedicated to recovering and recycling packaging materials used in North America – including polyethylene terephthalate (PET) plastic, aluminum, cardboard and plastic film. Coca-Cola Recycling is working to recover and recycle the equivalent of 100 percent of the packaging produced by the Coca-Cola system in North America.  For more information, please visit www.cokerecycling.com.

For more information, please contact: 
KETCHUM:

Marissa Kandel: e-mail: marissa.Kandel@ketchum.comtel: 404-879-9203

CIVITAS:

Vanda Giannara:  e-mail: v.giannara@civitas.gr  tel: +30 210 6835404

Eva Epitropaki: e-mail: e.epitropaki@civitas.gr  tel: +30 219 9991946