Coca-Cola supports Ioniqa Technologies in development of recycled PET

NETHERLANDS – The Coca-Cola Company has announced a loan agreement with Netherlands based high tech chemical company, Ioniqa Technologies to develop Ioniqa’s proprietary technology to produce high-grade, recycled PET content from hard-to-recycle PET waste. The agreement is designed to accelerate the development and deployment of high-grade recycled content PET for use in bottles used by…

Carlsberg acquires 28.5% stake in Portuguese Super Bock Group

EUROPE – The global brewing company, Carlsberg Group has acquired 28.5% stake in Viacer, the major controlling shareholder of the Portugal brewing company, Super Bock Group. Viacer holds 56% of the shares in the company while Carlsberg will hold the remaining 44% shares in Super Bock Group. Following the transaction, the Carlsberg group direct and…

Kenyan Afia juice maker Kevian considering listing on Nairobi bourse

KENYA – Kenya’s leading juice manufacturer, Kevian Kenya is considering listing on the Nairobi Securities Exchange (NSE) through an initial public offering (IPO), reports the Nation. According to the company owner and Managing Director, Kimani Rugendo, said the listing is part of the strategy to transfer ownership of part of the company to the public.…

Kenya Breweries partners farmers to boost sorghum yields

KENYA – Kenya Breweries has partnered with farmers to enhance improved sorghum yields as a long-term sustainability programme of its upcoming plant in Kisumu, reports Business Daily. According to the beer making company, the upcoming plant has a capacity of producing up to 100 million litters of Keg beer. The sustainability programme comes after farmers…

Heineken USA to launch 100-calories slimline cans of Strongbow cider

USA – Heineken is set to launch slimline cans of Strongbow cider that contain 100 calories each in the USA, expanding its portfolio in the market. The Slim Cans range is a 12-can variety pack with three 8.5 oz flavours, containing 100 calories each, offering a crisp alternative that will appeal to growing demands for…

PepsiCo expands portfolio with new Mountain Dew range for gamers

USA – The American snack and beverage company, PepsiCo has expanded its Mountain Dew product portfolio with new MTN DEW AMP, a bold,boundary-pushing style designed for gamers. Set to debut in 2019, the new range claims to improve accuracy and alertness, enhanced with a no-slip grip and unique re-sealable lid, enhancing players an enhanced gaming…

Nestle Waters NA to use 25% recycled plastic in packaging by 2021

USA - Nestlé Waters North America (NWNA), bottled water business of Nestle Waters has announced that it aims to use 25% recycled plastic in its packaging across the US by 2021. This is part of the global initiative by the world beverage giant to achieve 100% recycled or re-usable plastic in its entire packaging portfolio…

FIIRO develops technology to commercially extract natural sweetener Thaumatin

NIGERIA - The Federal Institute of Industrial Research (FIIRO) has said that it has developed a technology that allows commercial extraction of Thaumatin, a low-calorie sweetener and flavour modifier. According to a Beverage Industry News report the Director-General of FIIRO, Gloria Elemo said that the move was necessitated by a surging demand for alternative sweeteners…

Coca-Cola, Nigerian Bottling Company win top slots at sustainability awards

NIGERIA - Coca-Cola Nigeria Ltd and its franchise bottler, the Nigerian Bottling Company Ltd (NBC) have emerged winners at the 12th Annual Sustainability, Enterprise Responsibility (SERAS) Awards, reports Beverage Industry News. Coca-Cola was named the winner of the best company in the Good Health and Well-being Category. Its sister company, the Nigerian Bottling Company emerged…

Coca-Cola CEO James Quincey named chairman, Muhtar Kent to retire

USA – The Coca-Cola Company Chief Executive James Quincey has been elected as the 14th chairman of The Coca-Cola Company, succeeding Muhtar Kent, who plans to retire in April 2019. Quincey currently serves as the President and CEO of the company and his appointment to chairman and CEO position will be ratified at the company’s…