Blow molding bottles is one area that KO should get out of. KO is what it is because it has a wide moat and could have 30% Return on Equity. What I saw of the bottle making industry is that there is so much competition to turn out identical products that there is little or no profit margin, The company that I was with was part of a big oil company that was producing PET (Polyethylene terephthalate) in surplus and was making bottles for Coke and Pepto and Kraft as a way to recover some of the costs of production. Big Oil spun the division off to Silgan Plastics. Coke would be better off contracting this work out to somebody else and use the money for CAPEX elsewhere.
Picture a tote full of preforms. Now imagine how many pallets of ready-made bottles that would be, sitting on your warehouse floor. Now string that out into a long line of trucks having to deliver those pallets day in and day out. Yeah. Not good for a company that is trying to go green.
4,096 2 liter bottles per short truckload. I remember when the truck load of bottles filled with Mountain Dew was returned and how it filled the conference room. I would rather have the profit than the "GREEN" foolishness that is totally unproven and falling apart, I want the profit. The major sources of carbon dioxide is the burning of carbohydrates by life forms and cow farts.