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These excerpts taken from the PBG 10-K filed Feb 20, 2009. Bottle and Can
Legislation. Legislation has been enacted in certain
U.S. states and Canadian provinces where we operate that
generally prohibits the sale of certain beverages in
non-refillable containers unless a deposit or levy is charged
for the container. These include California, Connecticut,
Delaware, Hawaii, Iowa, Maine, Massachusetts, Michigan, New York,
Oregon, West Virginia, British Columbia, Alberta, Saskatchewan,
Manitoba, New Brunswick, Nova Scotia and Quebec. Legislation
prohibited the sale of carbonated beverages in non-refillable
containers in Prince Edwards Islands in 2007, but this law was
repealed in May 2008.
Massachusetts and Michigan have statutes that require us to pay
all or a portion of unclaimed container deposits to the state
and Connecticut has
6
Table of Contents
enacted a similar statute effective in 2009. Hawaii and
California impose a levy on beverage containers to fund a waste
recovery system.
In addition to the Canadian deposit legislation described above,
Ontario, Canada currently has a regulation requiring that at
least 30% of all soft drinks sold in Ontario be bottled in
refillable containers.
The European Commission issued a packaging and packing waste
directive that was incorporated into the national legislation of
most member states. This has resulted in targets being set for
the recovery and recycling of household, commercial and
industrial packaging waste and imposes substantial
responsibilities upon bottlers and retailers for implementation.
Similar legislation has been enacted in Turkey.
Mexico adopted legislation regulating the disposal of solid
waste products. In response to this legislation, PBG Mexico
maintains agreements with local and federal Mexican governmental
authorities as well as with civil associations, which require
PBG Mexico, and other participating bottlers, to provide for
collection and recycling of certain minimum amounts of plastic
bottles.
We are not aware of similar material legislation being enacted
in any other areas served by us. The recent economic downturn
has resulted in reduced tax revenue for many states and has
increased the need for some states to identify new revenue
sources. Some states may pursue additional revenue through new
or amended bottle and can legislation. We are unable to predict,
however, whether such legislation will be enacted or what impact
its enactment would have on our business, financial condition or
results of operations.
Bottle and Can Legislation. Legislation has been enacted in certain U.S. states and Canadian provinces where we operate that generally prohibits the sale of certain beverages in non-refillable containers unless a deposit or levy is charged for the container. These include California, Connecticut, Delaware, Hawaii, Iowa, Maine, Massachusetts, Michigan, New York, Oregon, West Virginia, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia and Quebec. Legislation prohibited the sale of carbonated beverages in non-refillable containers in Prince Edwards Islands in 2007, but this law was repealed in May 2008. Massachusetts and Michigan have statutes that require us to pay all or a portion of unclaimed container deposits to the state and Connecticut has 6 Table of Contentsenacted a similar statute effective in 2009. Hawaii and California impose a levy on beverage containers to fund a waste recovery system. In addition to the Canadian deposit legislation described above, Ontario, Canada currently has a regulation requiring that at least 30% of all soft drinks sold in Ontario be bottled in refillable containers. The European Commission issued a packaging and packing waste directive that was incorporated into the national legislation of most member states. This has resulted in targets being set for the recovery and recycling of household, commercial and industrial packaging waste and imposes substantial responsibilities upon bottlers and retailers for implementation. Similar legislation has been enacted in Turkey. Mexico adopted legislation regulating the disposal of solid waste products. In response to this legislation, PBG Mexico maintains agreements with local and federal Mexican governmental authorities as well as with civil associations, which require PBG Mexico, and other participating bottlers, to provide for collection and recycling of certain minimum amounts of plastic bottles. We are not aware of similar material legislation being enacted in any other areas served by us. The recent economic downturn has resulted in reduced tax revenue for many states and has increased the need for some states to identify new revenue sources. Some states may pursue additional revenue through new or amended bottle and can legislation. We are unable to predict, however, whether such legislation will be enacted or what impact its enactment would have on our business, financial condition or results of operations. These excerpts taken from the PBG 10-K filed Feb 27, 2008. Bottle and Can
Legislation. Legislation has been enacted in certain
U.S. states and Canadian provinces where we operate that
generally prohibits the sale of certain beverages in
non-refillable containers unless a deposit or levy is charged
for the container. These include California, Connecticut,
Delaware, Hawaii, Iowa, Maine, Massachusetts, Michigan, New
York, Oregon, West Virginia, British Columbia, Alberta,
Saskatchewan, Manitoba, New Brunswick, Nova Scotia and Quebec.
Legislation prohibited the sale of carbonated beverages in
non-refillable containers in Prince Edwards Islands in 2007, but
this law is expected to change in 2008.
Massachusetts and Michigan have statutes that require us to pay
all or a portion of unclaimed container deposits to the state
and Hawaii and California impose a levy on beverage containers
to fund a waste recovery system.
In addition to the Canadian deposit legislation described above,
Ontario, Canada currently has a regulation requiring that at
least 30% of all soft drinks sold in Ontario be bottled in
refillable containers.
The European Commission issued a packaging and packing waste
directive that was incorporated into the national legislation of
most member states. This has resulted in targets being set for
the recovery and recycling of household, commercial and
industrial packaging waste and imposes substantial
responsibilities upon bottlers and retailers for implementation.
Similar legislation has been enacted in Turkey.
Mexico adopted legislation regulating the disposal of solid
waste products. In response to this legislation, PBG Mexico
maintains agreements with local and federal Mexican governmental
authorities as well as with civil associations, which require
PBG Mexico, and other participating bottlers, to provide for
collection and recycling of certain minimum amounts of plastic
bottles.
We are not aware of similar material legislation being enacted
in any other areas served by us. We are unable to predict,
however, whether such legislation will be enacted or what impact
its enactment would have on our business, financial condition or
results of operations.
Bottle and Can Legislation. Legislation has been enacted in certain U.S. states and Canadian provinces where we operate that generally prohibits the sale of certain beverages in non-refillable containers unless a deposit or levy is charged for the container. These include California, Connecticut, Delaware, Hawaii, Iowa, Maine, Massachusetts, Michigan, New York, Oregon, West Virginia, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia and Quebec. Legislation prohibited the sale of carbonated beverages in non-refillable containers in Prince Edwards Islands in 2007, but this law is expected to change in 2008. Massachusetts and Michigan have statutes that require us to pay all or a portion of unclaimed container deposits to the state and Hawaii and California impose a levy on beverage containers to fund a waste recovery system. In addition to the Canadian deposit legislation described above, Ontario, Canada currently has a regulation requiring that at least 30% of all soft drinks sold in Ontario be bottled in refillable containers. The European Commission issued a packaging and packing waste directive that was incorporated into the national legislation of most member states. This has resulted in targets being set for the recovery and recycling of household, commercial and industrial packaging waste and imposes substantial responsibilities upon bottlers and retailers for implementation. Similar legislation has been enacted in Turkey. Mexico adopted legislation regulating the disposal of solid waste products. In response to this legislation, PBG Mexico maintains agreements with local and federal Mexican governmental authorities as well as with civil associations, which require PBG Mexico, and other participating bottlers, to provide for collection and recycling of certain minimum amounts of plastic bottles. We are not aware of similar material legislation being enacted in any other areas served by us. We are unable to predict, however, whether such legislation will be enacted or what impact its enactment would have on our business, financial condition or results of operations. | EXCERPTS ON THIS PAGE:
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