Coca-Cola Bottler Launches Partnerships to Optimize Its Supply Chain - on a Financial and a Molecular Level
CCEP - through its innovation investment platform, CCEP Ventures - has joined forces with the University of California Berkeley to develop scalable methods of converting captured CO2 into sugar. Successful completion of this project would add sugar to the growing cache of value-added products that innovators are creating from captured carbon - from vodka and ethanol to PET plastic and polyester textiles. CCEP Ventures’ initial investment with UC Berkeley will support the Peidong Yang Research Group on foundational research that will focus on enabling the production of sugar from CO₂ onsite and at an industrial level, with expectation of future investments to drive scale.“Air to sugar conversion could significantly impact our ability to preserve the natural world,” says Professor Peidong Yang. “This is a bold scientific vision that would bring immediate environmental benefits, fundamentally transforming the production and distribution of goods across the world. We are pleased to be working with CCEP Ventures on research that could make a significant impact on our ability to create a more sustainable future.”