Pepsi develops PET bottle

PURCHASE, N.Y. — PepsiCo said it significantly is reducing its carbon footprint through its development of a plant-based bottle.

The company said its "green" PET bottle, made of such bio-based raw materials as switch grass, pine bark and corn husks, is 100% recyclable.

The announcement followed the company's rollout of "quieter" compostable bags for its SunChips brand.

PepsiCo will pilot production of the new bottle in 2012.