My father in law works in a Nestle/Arrowhead Bottling plant as a mechanic on the Bottle making and filling and labeling machines. They have made the plastic so this that he refers to them as bags instead of bottles of water. They are always trying to reduce the amount of plastic used in each bottle, and to use a higher percentage of recycled plastic.
Less plastic is better for the environment, and the bottom line, but worse for those of us that try to reuse the bottle or recycle them and get paid by the pound.