19 Oct 2021 --- Coca-Cola is joining forces with Changchun Meihe Science & Technology and Finnish forest-based bioeconomy company UPM to convert upcycled biomass to plant-based monoethylene glycol (bMEG) on a commercial scale. Next to terephthalic acid (PTA), monoethylene glycol (MEG) is one of the two major components in polyethylene terephthalate (PET), the most widely used material for plastic beverage bottles.