The Coca-Cola Company will help build a $45 million plastics recycling plant in South Carolina.
The world's biggest soft drink company did not set a target date on Wednesday for when it would reach the 100 percent goal. It estimates about 10 percent of its plastic bottles are recycled now.
"Our vision for the future is that our packaging will no longer be seen as waste but as a valuable resource," Jeff Seabright, Coca-Cola's vice president of environment and water resources, said at a news conference in Washington.