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 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 may shift toward more plastic bottles under Trump aluminum tariffs: CEO
President Donald Trump could soon have a harder time finding cans of Diet Coke due to the tariffs on aluminum imports, as the soda giant imports its cans from Canada.
Coca-Cola could use more plastic bottles in response to Trump tariffs
Speaking to Wall Street analysts Tuesday, Coca-Cola CEO James Quincey said the beverage company might adjust its packaging mix in response to rising costs. In particular, this could mean deemphasizing aluminum cans and using more plastic.
Coca-Cola brushes off threats of aluminum tariff, GLP-1 drugs and ‘potential regulatory changes’
The beverage giant is ready to manage, mitigate and adjust to the “dynamic macro environment,” including potential tariffs imposed on steel and aluminum imports into the US and regulatory changes to food ingredients,
Coca-Cola says it may use more plastic bottles if Trump tariffs on aluminum take effect
President Trump’s tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said the company imports aluminum for its cans from Canada, and is looking for ways to mitigate any price increases that new tariffs could bring. Mr. Trump on Monday announced a 25% tariff on steel and aluminum.
Aggregate consumer demand is still robust, says Coca-Cola CEO James Quincey
James Quincey, Coca-Cola CEO, joins 'Money Movers' to discuss the company's earnings beat, U.S. growth and the state of the consumer.
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 ...
Got Coke? Struggling Cola king bets milk business will ‘rain money’
Cola's office in Chicago's trendy West Loop, the soda giant's iconic logo is noticeably absent. In its place is a giant ...
Coca-Cola 'Won Overall Share' From Pepsi: Analyst Says 'Never Seen Fundamentals This Good,' Amid Strong 2025 Outlook
Coca-Cola's Q4 exceeded expectations amid strong "fundamentals" despite currency headwinds and a market share grab from its ...
Plastics News10h
Trump tariffs prompt Coke to use more PET
Coca-Cola Co. will shift more of its packaging from aluminum to plastic bottles if President Donald Trump's latest wave of ...
Coca-Cola reverses sales volume slide, sending revenue up 6% in the fourth quarter
Coca-Cola said Tuesday it’s confident it can mitigate the Trump administration’s 25% tariff on aluminum by shifting its ...
Outlook Business14h
Maaza Becomes Billion-Dollar Brand, 2nd Desi Brand from Coca-Cola Group to Attain This Feat
Before Maaza, ThumsUp had in 2021 achieved the feat of becoming the first billion-dollar desi brand for Coca-Cola.