By TED CORDERO, GMA News
Published January 14, 2021 6:24pm PETValue Philippines, a joint venture of Coca-Cola Beverages Philippines and Thailand’s Indorama Ventures, has secured a “pioneer status” from the Board of Investments (BOI) which makes it entitled to fiscal incentives. In a statement on Thursday, Coca-Cola Beverages Philippines said PetValue, a P2.28-billion multi-phased project, will establish the “most advanced” and “world-class” technologies in the Philippines to produce more sustainable packaging innovations and to help improve the collection and recycling rates of polyethylene terephthalate (PET) plastic bottles. “We are grateful for the Board of Investments’ recognition of PETValue’s innovations, as well as the agency’s guidance and support, which we are certain will prove invaluable to our collective pursuit of sustainability in the Philippines,” said Gareth McGeown, CEO and president of Coca-Cola Beverages Philippines.
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Clockwise from top left: 48 Bedford Avenue in Williamsburg; 7601 4th Avenue in Bay Ridge; 55-25 58th Street in Maspeth; 42, 44 and 46 21st Street in Flatiron; 59-20 Van Doren Street in Corona (Photos via StreetEasy; Google Maps)
The middle of the investment sales market is off to a running start in 2021.
Seven sales in the $10 to $30 million range plus one just outside of it, at $32 million combined for a total weekly volume of $143 million. That’s a good deal more than the $81 million across four sales the week before.
A retail condo sale by an LLC affiliated with SL Green topped the list, and there were deals in four of the five boroughs. (Sorry, Staten Island.) Here are more details for the week ending Jan. 8:
FMCG firm HCCB presses 7 new renewable energy projects into service
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Last Updated: Dec 15, 2020, 04:47 PM IST
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Installed in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power Agreement (PPA) through various state grids, it added.
AP
New Delhi: Hindustan Coca-Cola Beverages (HCCB) on Tuesday announced that it has pressed seven additional renewable energy projects into service to source 23.5 million units of electricity from clean energy. Hindustan Coca-Cola Beverages (HCCB) successfully pressed 7 additional renewable energy projects into service, a company statement said. Installed in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power Agreement (PPA) through various state grids, it added.
FMCG firm Hindustan Coca-Cola Beverage presses 7 new renewable energy projects into service
Powered essentially by wind, solar and biomass, the renewable energy projects are likely to achieve a reduction of around 2 lakh tonnes of carbon emission every year. PTI
Representative image
Hindustan Coca-Cola Beverages (HCCB) on Tuesday announced that it has pressed seven additional renewable energy projects into service to source 23.5 million units of electricity from clean energy. Hindustan Coca-Cola Beverages (HCCB) successfully pressed 7 additional renewable energy projects into service, a company statement said.
Installed in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power Agreement (PPA) through various state grids, it added.
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