With an investment of $35 million, this modern factory, operated in partnership by Coca-Cola Andina and Coca-Cola Embonor Coca-Cola Andina and Coca-Cola Embonor, helps reduce the amount of new plastic in circulation and strengthens the circular economy with a capacity to recycle more than the circular economy with a capacity to recycle more than 350 million bottles. more than 350 million bottles. Re-Ciclar is also creating new jobs in its plants and will generate and will create 25,000 indirect jobs throughout the country, with a positive impact on sustainable development.
Now fully operational, the plant is a pioneer in the use of sustainable technologies, combining the latest equipment imported from Italy, Japan and Austria. technologies, combining state-of-the-art equipment imported from Italy, Japan and Austria. Austria. It is also powered by solar energy from photovoltaic panels, while the water used in the production process is 80% treated. The water used in the production process is 80% treated and then reused for garden irrigation. for garden irrigation. The cranes, powered by lithium batteries, are 100% electric and contribute significantly to a contribute significantly to the reduction of the carbon footprint. This facility is a pioneer in in the use of sustainable technologies.
The Minister of Economy, Nicolás Grau, highlighted the launch of Re-Ciclar as an environmental milestone for the country. An environmental milestone for the country. This plant, from the point of view of our government, combines all the elements we really need to achieve development, combines all the elements we really need to achieve sustainable development in the country. sustainable development in the country. In an economy like ours, this is always completed by private initiative and regulation. private initiative and regulation. That is why it is very important that such initiatives exist. initiatives because they show us how far we can go as a country in tackling these complex and global challenges. complex and global challenges,' said the Foreign Minister.
Thanks to this plant, by 2025 all bottles in the Coca-Cola portfolio in Chile will contain 15% recycled PET resin. Coca-Cola's beverage bottles in Chile will contain 15% recycled PET resin, a percentage that will gradually increase until 100% recycled bottles are produced. This percentage will gradually increase until 100% recycled bottles are produced. In this challenge, the of Coca-Cola Andina, Gonzalo Said, said that Re-Ciclar is a reflection of the company's commitment to the environment. Re-Ciclar is a reflection of the company's commitment to investment and sustainable development in the country. For this reason, we hope that this operation will become a fundamental axis for of recycling in Chile and a benchmark of circular economy and innovation not only for our country, but also for the whole of Latin America. Not only for our country, but also for the whole of Latin America. For his part, Andrés Vicuña, Chairman of the Board of Directors of Coca-Cola Embonor Coca-Cola Embonor, said that 'this is the first fully operational PET bottle recycling plant in Chile. PET bottle recycling plant in Chile. This is excellent news for the country as it is a strong demonstration of Coca-Cola's country as it is a strong demonstration of the commitment of the Coca-Cola system, stimulating growth with new quality jobs and creating sustainable jobs. growth with new quality jobs and creating sustainable innovation'.