Coca-Cola earnings pop but CEO James Quincey says Trump’s new aluminum tariffs could spark plastic surge in 2025
James Quincey told investors that Coca-Cola could pivot to more plastic packaging if aluminum prices surge due to Trump's 25% import tax on steel and aluminum.
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff
Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.
Coca-Cola Considers Shift to Plastic Bottles Amid Trump's Aluminum Tariffs, CEO Signals Strategy Change
Coca-Cola considers more plastic bottles amid Trump's aluminum tariffs, as CEO Quincey weighs cost strategies.
Coca-Cola says it might have to turn to more plastic bottles because of Trump tariff
ATLANTA — Atlanta-based Coca-Cola says that it may have to rely more on plastic bottles and other tools as it tries to offset the costs associated with President Donald Trump’s tariffs on aluminum.
Coca-Cola May Have to Use More Plastic Because of Tariffs, CEO Says
The drinks company imports aluminum for its cans from Canada, which is likely to be hardest hit by a 25% tariff on aluminum.
Coca-Cola could use more plastic bottles in response to Trump tariffs
Coca-Cola’s exposure to aluminum and steel is a little more than a quarter of the company’s packaging mix, as of 2023 . Meanwhile, if Coca-Cola moved more product into plastic, it would expand a substrate that already accounted for nearly half of its packaging.
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff, CEO says
Coca-Cola may use more plastic bottles in the future over cans in the wake of President Donald Trump’s announced 25% tariff on aluminum imports.
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Environmental dilemma: Trump’s move may prompt soda giant to use more plastics
President Donald Trump's new tariff on aluminum could force the worlds's largest soft drink company, Coca-Cola, to use more ...
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Coke CEO: Aluminum tariffs will increase cost of cans, but ‘we can adapt’
Atlanta-based Coca-Cola said new tariffs on aluminum announced by the Trump administration will increase the cost of cans for ...
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One of America’s Largest Plastic Polluters Has a Plan to Confront Tariff-Related Costs: More Plastic
Trump's plan to impose a 25 percent tariff on steel and aluminum means sustainable packaging could hurt bottom lines. And it ...
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Maaza makes a big splash, becomes Coca-Cola’s 30th billion-dollar brand
In India, our business rebounded nicely during the quarter and we grew volume,' said James Quincey -- Chair and Chief ...