Glass is heavier, which means more fuel burned to carry it.
You need to wash it too, more detergent in the ecosystem.
Note that the article title claims Coca Cola to be 'industry leading', but I do not think reusing plastic bottles is new? I remember returning plastic bottles to the supermarket back when I was a kid ~20 years ago, and I believe the higher quality plastic bottles were collected to be re-used not re-cycled.
[0] https://www.coca-colacompany.com/news/coca-cola-announces-in...
Second, recycled bottles are not made 100% from recycled plastic. You can tell that claim is misleading because if they were made 100% from recycled plastic they would be near opaque and dark grey rather than the pristine transparency that customers expect. Plastic recycling has a colour/type separation problem.
Third unlike glass or aluminium, plastic becomes brittle after a few recycling cycles, so even in a perfect circular economy you would still have to introduce 'new' plastic into these batches.
Yes Coca-Cola, Pepsico, Unilever, Nestle, etc. may claim to use recycled plastic but they are not using recycled plastic exclusively and they never will be able, plastic recycling is and always has been a marketing exercise to externalize the cost of plastic from Industry to consumers.
The recyclable symbols on the things you buy are there to make you feel better about buying plastic products, not because there's an actual functioning recycle usage chain.
Edit added: According to the EPA data less than 9% of plastic put into recycling bins is actually re-used (and most of that re-use is of much cleaner and more uniform manufacturing waste, not actually post-consumer waste)[0]
[0]https://www.epa.gov/facts-and-figures-about-materials-waste-...
Thats not what I'm saying. The bottle are being reused here. What makes it rare other places can and have been solved many other places. That your system is bad is not an argument against a working system.