Wed, 12 Feb 2025
Beverage giant's boss says his company may need to action if aluminium cans become more expensive.
Quincey stated that if one packaging option becomes too costly, the company will switch to another affordable alternative.
The tariffs are expected to increase the cost of aluminium cans, as 45% of aluminium used in the US is imported and now faces a 25% tax.
Coca-Cola had been shifting towards more sustainable packaging options in recent years, including using aluminium cans due to their recyclability.
However, Quincey believes that only a small portion of the company's costs come from packaging, minimizing the potential impact of the tariffs on Coca-Cola's business.
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